📊 Important for Gold |

There are two major catalysts this weekend that could send gold higher this evening when trading opens again:

1) China announced that it is buying gold for its official reserves again after a six-month hiatus:

- In June, when China announced that it was stopping gold purchases, the yellow metal fell by $82 per ounce, or 3.45%, in just one day, while silver saw an even sharper decline, falling by 6.85%.

2) The Syrian government has fallen and the Assad family has left after more than 50 years of rule.

- In addition, Israel is now bombing various targets inside Syria to prevent rebels from obtaining weapons from the former Syrian army.