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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Steel Extends Decline Toward 8-Month Low
Steel rebar futures dropped below CNY 3,040 per ton on Wednesday, approaching their lowest levels in eight months as tighter…
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Commodity Talk – Oil, Gold, Natgas, Cocoa
🛢️ Oil Largest quarterly drop since the pandemic: Brent crude oil futures prices fell by approximately 30% in the second…
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XAG/USD declines below $58 amid uncertainty over US-Iran peace prospects
Silver price declines below $58.00 amid doubts over the sustainability of US-Iran peace. The US negotiating team declines to meet…
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XAU/USD hangs near YTD low, below $4,000 as Iran risks and Fed hike bets bolster USD
Gold remains under some selling pressure for the third straight day on Wednesday. The Iran uncertainty and Fed hike bets…
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Copper Falls Ahead of US Market Report
Copper futures fell below $6.1 per pound on Wednesday, reversing the previous session’s gains as investors awaited a US Commerce…
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Chart of The Day – Gold rebounds above $4000 – Goldman Sachs reaffirmed the forecast
Although gold has fallen by nearly 30% since late January , and is down around 24% since the outbreak of…
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XAG/USD finds cushion near $56.60, eyes on US JOLTS Job Openings data
Silver price rebounds from $56.60; downside remains likely amid firm hawkish Fed bets. The Fed is expected to deliver at…
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Gold recovers slightly from YTD low; not out of the woods yet amid bullish USD
Gold attracts heavy selling pressure for the second straight day amid a broadly firmer USD. The US-Iran uncertainty revives inflation…
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Copper Poised for Monthly Loss
Copper futures steadied above $6.1 per pound on Tuesday but remained on track to fall more than 4% for the…
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