In gold, speculators – who tend to be wrong at big turning points — cut their net long position by 8%, while commercial traders – who tend to be right at turns – cut their net short positions by about 9%. These are big moves for a single week […]
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Metal prices tumbled Wednesday amid concern that the Trump administration’s threat of more tariffs on Chinese goods could sap demand for everything […]
Summary New lows for 2018. A bearish time of the year for gold. Rate hikes could be bearish, and the dollar is […]
Last month we noted that record-low prices characterized the Global Precious Monthly Metals Index (MMI) monthly reading and posed the question: will […]
Silver made its biggest move in two weeks on the back of a weaker US dollar amidst various ongoing geopolitical concerns. Silver […]
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