Posts Tagged ‘ETF’
Gold and Oil News - April 25, 2013 19:53
Gold Routs the Shorts, Next Stop $1500
I said yesterday that futures expiration was holding Silver back from breaking above $24. That turned out to be the exact right call. Gold was held in check below $1450 as well, $1435 in fact — the 200 week MA. That level has fallen and the market is currently trading in run-away fashion heading towards […]
Gold Rally Reaches its Record
Gold futures contract reached their record again on Wednesday as investors turned their focus toward safe haven status of gold in reaction to sluggish global economy. Â Moreover, the decision of US Federal Reserve to keep interest rate at its lowest also boosted gold prices. Precious metals analysts, Jim Steel from HSBC in New York commented, […]
Most Popular Content
- Gold and Copper Prices Dip Amid Trade Turbulence and Tariff Worries
- Copper Prices Hit New Heights Amid Global Trade Tensions
- Oil Markets Respond to OPEC+ Production Signals as Prices Find Support
- Gold Prices Reach Record Highs Amid Economic Uncertainty and Volatility
- Pressure Mounts on the British Pound Following Autumn Budget
- Impact and Outlook for the U.S. Economy on Rate Cut
- Gold and Copper Markets Respond to Powell
- US Stock Market Faces Turbulence and Mixed Commodity Reactions