Precious Metals
Daily market commentary: The US dollar recovered some of the ground recently lost to the euro
Daily market commentary: The US dollar recovered some of the ground recently lost to the euro

GOLD
The US dollar is recovering and consequently gold is losing ground. Bullion’s decline is proportional to the recovery of the greenback, confirming that the current movement is mostly related to what is happening on the currency markets. In other words, the main trend for gold remains positive and a clear surpass of $1,990 and then $2,005 would open space for further rallies. Despite stocks looking strong currently, with US indices at a new historical high, investors are increasing their gold investment as a strategic and defensive asset in case there are new market corrections. Moreover, the strong dovish monetary policy of central banks is another element which is supporting the gold price rally.
Carlo Alberto De Casa – Chief analyst, ActivTrades
The post Daily market commentary: The US dollar recovered some of the ground recently lost to the euro appeared first on LeapRate.

Magna Mining Hits 7 Metres Of 4.2% Nickel
Magna Mining (TSXV: NICU) has released further assays from its ongoing drill program at its Crean Hill property. Recent drill
The post Magna Mining Hits…
The Hard-Asset Inflation / Paper-Asset Deflation Theory
The Hard-Asset Inflation / Paper-Asset Deflation Theory
Authored by Bruce Wilds via Advancing Time,
All fiat currencies are no more than…
Bargain Barrel: Here are 15 uranium explorers under the $50m market cap mark
There’s a lot of crap down the cheap end of the bourse. There are also some absolute gems that, with … Read More
The post Bargain Barrel: Here are…
-
Financing News16 hours ago
Copper Fox Announces 2023 Third Quarter Operating and Financial Results
-
Economics21 hours ago
The 7 Most Undervalued S&P 500 Stocks to Buy in September 2023
-
Companies12 hours ago
Resources Top 5: For its first Oz investment, this Hong Kong group sunk $10m into a NSW gold junior worth… $7m
-
Financing News21 hours ago
Goliath Increases Private Placement up to $8,600,000 After Receiving Significant Strategic and Institutional Orders
-
Precious Metals20 hours ago
FOMC Leaves Rates Unchanged, Signals Much More Hawkish 2024
-
Companies11 hours ago
ANNOUNCEMENT – Rock Tech Announces Investor Relations Appointment
-
Economics20 hours ago
Wall Street Reacts To The Fed’s “Confused” 2024 Hawkish Shock
-
Economics21 hours ago
A High National Debt Can be Bad News, Sort of Like a High Stock Market