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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Copper Jumps on Easing Trade Tensions
Copper futures climbed above $5.1 per pound on Monday, approaching three-month highs amid hopes that the Trump-Xi meeting this week…
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Silver Falls on US-China Trade Optimism
Silver fell toward $48 per ounce on Monday, extending losses from last week as progress in US-China trade negotiations dampened…
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Platinum price recovers from setback – Commerzbank
The price of Platinum also came under pressure in the wake of the correction in Gold and Silver, Commerzbank’s commodity analyst…
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Gold rebounds after softer US CPI data reinforces Fed cut bets
XAU/USD climbs 0.10% to $4,127 after earlier dip to $4,043. US CPI broadly in line but soft enough to cement…
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Iron Ore Pressured by Rising Inventories
Iron ore futures held below CNY 770 per ton, hovering near the lowest levels in over three months after industry…
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Chart of The Day – Gold
Precious metals extend their deepest correction in months. As of publication time today, gold is down another 1.00% to $4,085, silver falls 1.26% to $48.20, platinum declines 0.55% to $1,609,…
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Steel Rebounds from 3-Month Low
Steel rebar futures in China rebounded to CNY 3,060 per tonne from the three-month low of CNY 3,000 on October…
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Silver retreats as trade optimism, stronger US Dollar pressure demand
Silver retreats as global risk sentiment improves and investors take profits. Trade optimism and a steadier US Dollar weigh on…
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XAU/USD support at $4,000 remains dangerously close
Gold recovery found sellers at $4,160 before retreating to the $4,120 area. Easing trade war fears and a firm US…
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Chart of The Day – Gold
Gold futures extended their record decline by approx. 0.3%, slipping to around $4,090-4,110/oz, as today’s dip buyers struggled to counter…
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