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Summer is traditionally a slow season for precious metals, but this summer started with a rout. In the last week of June, gold and silver hit two-year lows of $1,192 and $18.61 respectively....
For commodities, the summer period has been dominated by China fears, a EUR rebound and heightened geopolitical uncertainty. However, on the whole, markets – apart from oil - have been...
Gold sold off steadily yesterday as the ABC correction from the 1434 high continues to unfold as predicted. The gold price is currently 1388 as the market participants focus on the ADP employment data...
Precious-Gold traded lower on Thursday ahead of important U.S. report that may show private sector hiring soared in August, adding to the case the Federal Reserve is likely to start withdrawing QE in...
Financial metrics are improving significantly for oil stocks, and the commodity’s prices are a combination of speculative fervor mixed with geopolitical events. At $110.00 a barrel for West...
When gold bullion prices fell just below $1,200 an ounce on June 28 of this year, the general consensus was that buyers had run out. After all, why would someone buy an asset that was declining in...
CLCrude traded near the lowest price in more than a week as the U.S. weighed a limited military strike on Syria, easing concern the conflict will spread and disrupt Middle East oil supplies. Crude...
The pair is trading along an downtrend.The downtrend may be expected to continue in case the market drops below the support level of $1,382, which will be followed by reaching the support level of...
The Chinese data-driven rally in copper earlier this week has been sharply reversed today with silver and ultimately also gold suffering as consequence. The reasons behind the copper weakness are...
The management team that took Prodigy Gold from a $25 million market cap junior to a $340 million buyout in less than three years is back with a new company that it believes is tailor made for...