Geopolitical tensions coupled with robust central bank buying had driven gold to a record high of $2,431.29 on April 12. However, gold and silver prices dropped to a two-week low on Tuesday amid subsiding fears of a Middle East conflict escalation and as investors locked in profits ahead of important U.S. data that could indicate the Federal Reserve's interest rate path. On Monday, gold futures...
Hello mooers! Check out the latest market dynamics of the metals and mining industry over the past week. • Precious metals: Gold hits $2400/oz; Silver up 8.4% • Base metal: Zinc Prices Climb 10.1% to $261/t • Bulk commodity: Iron ore jumps 13.7% to $112/t Spot Price Snapshot Key Price Moves Gold: On April 12th, gold prices surged once again as$Gold Futures(JUN4)(GCmain.US)$reached a new milestone of ...
Hello mooers! Check out the latest market dynamics of the metals and mining industry over the past week. • Precious metals: Gold hits $2400/oz; Silver up 8.4% • Base metal: Zinc Prices Climb 10.1% to $261/t • Bulk commodity: Iron ore jumps 13.7% to $112/t Spot Price Snapshot Key Price Moves Gold: On April 12th, gold prices surged once again as$Gold Futures(JUN4)(GCmain.US)$reached a new milestone of ...
Hello mooers! Welcome to Mining & Metals Monitor, your source for weekly insights into key commodities and fundamental changes in leading companies. Spot Price Snapshot Key Price Moves Precious Metals:$Gold Futures(JUN4)(GCmain.US)$reached a new all-time high and$Silver Futures(JUL4)(SImain.US)$surpassed the US$27 level on Friday, despite an increase in the U.S. dollar and Treasury yields...
Hello mooers! Welcome to Mining & Metals Monitor, your source for weekly insights into key commodities and fundamental changes in leading companies. Spot Price Snapshot Key Price Moves Precious Metals:$Gold Futures(JUN4)(GCmain.US)$reached a new all-time high and$Silver Futures(JUL4)(SImain.US)$surpassed the US$27 level on Friday, despite an increase in the U.S. dollar and Treasury yields...
ls it Golds Time to Shine? This is an interesting looking gap up in price for gold futures over the weekend. The gap up occurred after a multi-week selloff, so this could be just a technical bounce. But a weekend of further escalating tensions in the Middle East is adding to the upward pressure in the precious metal. Escalation in the Middle East It appears as if investors are feeling the safe haven appeal of the precious metal after the Middle Eastern conflict worse...
This again will be a shorter post, I wanted to make a longer one but fell asleep. The market pulled a fast one overnight. Freaking market 🤨 NQ ran up to 16900 overnight, and QQQ hit 407. Those were my targets. We could get to 17000 and 410. But I expect downside soon. If it had hit 407 during regular market hours, the payout was too great. Today should be tricky, let's go... Yesterday went as planned until we ran into a caveat, rates went above 4.01. and held! Those dirty, sly Vigi...
This is a quick post to start the week before my larger post later in the week. The markets had their first red week in nearly 2 months. I expect we are in a wave 4. That means the markets are going to pull back and correct the move. i think it corrects the entire move from the FED "rate cut" lie. Wave 4s are tricky, and will try to confuse you. We were in a wave 4 from July into the rally of last year. I expect something similar. As for today, I think we get a weak rally to mid wee...
Copper Has Been a Bad Investment Over the Past Couple Years Copper futures have been in a bear market for most of 2022 and 2023. This was mainly caused by weakened demand due to slow economic conditions caused by high interest rates worldwide. Copper is Almost in A Bull Market More recently, copper has been in a strong rally, just like most of the equity market. The price of copper futures sits just below the two hundred day moving averages. Below the...
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i still think silver an copper are underrated Detroit could use millions of feet of copper alone but silver is the only real metal to be undervalued bc it is still misunderstood right down to the fundamental it's even created...
102851790 : Tg
103326729 : 以为会打仗 结果没有 黄金被炒过头了