Metals
Precious metals offer unique inflationary protection. They have intrinsic value, carry no credit risk, and cannot be inflated. That means you can’t print more of them. They also offer genuine upheaval insurance against financial or political/military upheavals.
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XAG/USD clears 50-day SMA, eyes $65
XAG/USD jumps nearly 3%, reclaiming 50-day SMA and $63.00. RSI crosses above neutral, strengthening the near-term bullish bias. Break above…
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Gold gains almost 3% trying to reverse the trend
Gold is posting strong gains today, with falling U.S. Treasury yields following a much weaker-than-expected U.S. Nonfarm Payrolls (NFP) report…
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Silver surges 4%
Precious metals gain ahead to the US NFP report scheduled at 1:30 PM GMT Precious metals continue to rebound .…
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Gold Gains as Markets Await US Jobs Data Amid Softer Norwegian Manufacturing
Gold Rises Ahead of Key US Jobs Report Gold climbed toward $4,300 an ounce on Friday, resuming its upward trend…
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Gold trades above $4,250; upside seems capped as Fed hike bets support USD ahead of US NFP
Gold attracts some dip-buyers on Friday, stalling the previous day’s retracement slide. Geopolitical risks, inflation fears and Fed hike bets…
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XAG/USD rises to near $62.20 in countdown to US NFP data
Silver price trades higher to near $62.20 ahead of the US NFP data for July. The US NFP data will…
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Copper Scales Record Levels on Supply Worries
Copper futures climbed above $6.7 per pound on Friday, reaching fresh record highs as mounting global supply risks continued to…
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Copper Rises to Record High
Copper futures rose to over $6.7 per pound on Thursday, a record high, amid mounting concerns of tight supply and…
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Copper: Tight supply keeps prices elevated – ING
ING analysts Warren Patterson and Ewa Manthey report Copper prices trading above $14,000/t on the LME and near record levels…
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Gold pares intraday gains, hangs near daily low as USD steadies ahead of NFP
Gold struggles to capitalize on its intraday move up to a fresh high since June 18 amid a modest USD…
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