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Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

Precious metals see bullish medium-term implications

Posted on 29 January 2013

The recent situation in the currency markets is exactly what precious metals investors like to see – for some time now we have been witnessing the strength in euro and weakness in the U.S. dollar. Unfortunately, what we did not see was the usual rally in gold, silver and other precious metals that normally accompanies such a set-up. That is mainly because of the unnatural state of correlations that we already discussed before.
But there were exceptions, such as the rally at the beginning of January, sparked by a plunge in dollar………………………………………..Full Article: Source


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VRS - who has written 47895 posts on Opalesque Commodities Briefing.


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