GOLD is struggling to bottom out but the key will be the course of bond yields, and the US dollar. Much will depend on whether algorithmic funds change course.
Investment advisers have long described gold as a safe haven, but … Read the rest
Underpriced silver begins to outperform gold
The gold surge and Covid-19 lockdowns are hurting Asian and other jewellers. Traditionally, India and China have been big buyers of the metal. But after the start of the latest bull phase in mid-2019, many more Western investors are buying, … Read the rest
Large Buyers Underpin Gold
Central banks are believed to be buying when the price dips
Central banks and investors have routed gold bears in recent weeks. Other precious metals, notably silver, platinum and palladium have also benefited from the change in market sentiment.
“It’s … Read the rest
Oil price strength signals critical phase in coming months
The oil market is likely to volatile during the coming northern hemisphere winter
After subsiding by US$10 to $70.50 a barrel during the summer, Brent crude oil prices bottomed mid-August and surged to $86 a barrel before dipping slightly. The … Read the rest