George Gero, managing director with RBC Wealth Management, is describing the bounce in gold prices so far Tuesday as short covering. This is when traders with short, or bearish, positions buy to offset them. The covering came about after the short side of the market became “crowded” during a […]
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Suspect Predictions, Ill Wishes And Worthwhile Targets Of Scorn This price of gold fell three bucks, and the price of silver fell […]
Outflows of gold from exchange-traded-fund vaults have continued in early August, says Commerzbank. The ETFs track the price of gold, with metal […]
Copper prices rose Monday, as labor negotiations in Chile raised concerns over the possibility of supply disruptions. Copper for July delivery added […]
Gold ’s breakout from its sideways trading pattern may well dictate which direction the precious metal travels for the rest of the […]