Neil Charnock

I have just completed a major overhaul of my chart set which correlates with my coverage of the Australian gold sector. It is news analysis time as I have been updating news from the end of the October releases of the September quarterly reports.

Gold has just breached US$1100 after a strong move following the purchase of 200 tonnes of gold bullion by the Reserve Bank of India from the International Monetary Fund. This overhang had been troubling “ye of little faith” observers of gold. The same day the Reserve Bank of Australia raised rates…