1. Stocks rebounded after their worst week since April. The megacap space rallied, with the Nasdaq 100 up 1.5%. Despite the recent slump that had some on Wall Street bracing for a summer correction, respondents to a survey expect earnings to reinvigorate the S&P 500. Sky-high valuations and seasonal weakness have incited some pullback warnings,…
Based on historical trends and regular seasonal performance, precious metals may be significantly underpriced going into the second half of the year,
Amid a lack of fresh, markets-moving news to start the trading week, the precious metals market traders are looking at the key “outside markets” that are leaning friendly for metals prices.
Gold and silver prices are higher, with silver sharply up, in early U.S. trading Tuesday. Bullish daily outside-market forces are working in favor of the bulls to start the trading week.
1. After a relatively slow start in the first quarter, silver is making its move, significantly outpacing gold as it trades at an 11-year high. Just ahead of last weekend, silver prices have broken above $30 an ounce. Soaring silver prices have pushed the gold-silver ratio below 80 points, and it has been trading at…
Gold’s record-setting rally may have captured the headlines this year, but it’s silver that’s running harder and faster as the precious metal benefits from robust financial and industrial demand.
High inflation and a disappointing report on economic growth, followed by a sudden drop in stocks late last month made for a familiar economic combination.
Gold is at an inflection point post-Fed with prices pulling back on improved market sentiment and lower safe-haven demand.
Gold fell as geopolitical tensions eased in the Middle East, paring safe-haven demand, and traders looked ahead to U.S. data that will shed light on the outlook for monetary policy.
Gold and silver prices are sharply higher, with gold hitting a record high and silver a three-year high. The general marketplace is very uneasy heading into the weekend, as geopolitical tensions have heated up just recently.
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