Fri, Jul 29, 2016
A A A
Welcome vaishu
RSS

Commodities Briefing - Categorized | ETFs / ETCs more

Is Time Ripe for Gold Mining ETFs Amid Rising Tensions?

Posted on 08 August 2014

After some smooth trading in the first half of the year, gold has been stuck in a relatively tight range of around $1,300/oz lately. Though strengthening U.S. economic activity and a strong dollar are weighing on the performance of the yellow metal, renewed geopolitical concerns are reinforcing its safe haven appeal across the board.
This is especially true as tensions escalate in Ukraine with increasing Russian military action on the border, aggravating relationship between Russia and the western world on harsher sanctions. The list of woes go on with the Argentina default, a bloody Gaza strip, Iraq violence, Chinese slowdown and a struggling European economy yet again………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 46996 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
July 2016
S M T W T F S
« Jun    
 12
3456789
10111213141516
17181920212223
24252627282930
31