spot gold rebounce to $558

Following the big rebound of crude oil, spot gold prices starts to rally and rise $9.5 to a weekly high $558.

The morning session has tested the low $548 and get supported. Then in the afternoon session gold starts to rise. It has been flustrated a lot this week with little gain or loss. Friday showed a significant rise.

The 25-year high is $574 made some weeks ago. Hopefully it will test the record high again if the new bull is confirmed. Check the currnet gold prices here