– Two-month downtrend looks ominous for gold bulls. – Risk aversion may provide a bulwark against further sharp losses. The latest IG Retail Sentiment Indicator shows that traders are 84.4% net-long of the precious metal but recent changes in net-longs gives us a mixed spot gold trading bias. Spot […]
You may also like
Gold price is under pressure as traders digest the strong US GDP numbers released yesterday. The strong data has further confirmed that […]
Early summer is the weakest time of the year seasonally for gold, silver, and their miners’ stocks. With traders’ attention diverted to […]
* Trump imposing 10 pct tariffs on $200 bln goods from China * Expectations of higher U.S. interest rates pressure gold * […]
( Kitco News ) – Since Vanguard announced a major restructuring of its Vanguard Precious Metal and Mining Fund (VGPMX) on July […]