Precious metals posted another positive week on the heels of technical buying and a weaker U.S. dollar. Gold built a bull flag earlier this week, broke out on Friday morning posting a solid $20 gain on the day, and has now pushed above the 100-day moving average ($1370) ...
Veris Gold is “Stock of the Week” | Precious metals back to levels not seen since May, 2013
It was a relatively calm week for the metals until mid-Thursday when all four precious metals accelerated upwards. Heavy buying in precious metal futures led to short covering in gold and silver, which elevated the metals back to highs not seen since May. Silver’s lesser liquidity coupled with ...
Bayfield Ventures Corp. is “Stock of the Week” | Platinum Looks To Be An Attractive Investment In The Short and Long Term
Platinum posted a very strong Thursday breaking through $1460/oz and topping out at $1500/oz on the heels of strong economic data from China and Europe. Improving demand coupled with supply concerns continues to make platinum a very attractive investment over both the short ...
Continue Reading →VC Market Intelligence is a monthly infographic from Visual Capitalist that summarizes changes in economic indicators, relevant news stories, commodity and financial trends, and provides technical analysis. The goal is to make this information intuitive and visual to the average investor.
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Scorpio Mining Corp. is “Stock of the Week” | Headlines Continue to Sway Precious Metals Price Action
Precious metals price action continues to be swayed by headlines. Prices are up one day on bad economic data that is interpreted as an indicator to keep QE going, but down the next after positive economic data suggests the economy is improving and signals QE is no longer ...
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