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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If you’re looking for a way to diversify your investment portfolio and hedge against risk, you might consider investing in precious metal […]
Summary Gold broke a pattern of higher lows during the vacation season. The yellow metal is sitting at under the $1200 per […]
(Kitco News) – Streaming company Wheaton Precious Metals Corp. ( TSX , NYSE: WPM ) late Tuesday reported a rise in its […]
* SPDR Gold holdings down 0.2 pct on Monday from Friday * Silver off 13-month lows, platinum off 3-week lows hit on […]