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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(MENAFN – Trend News Agency ) Baku, Azerbaijan, Aug. 8 By Ilkin Shafiyev – Trend: The prices for precious metals in Azerbaijan […]
Waving the White Flag The price of gold rose two bucks last week, though the price of silver fell 10 cents. We […]