| Bad news on the global economy has been good for precious metals. Money managers increased their net-long position in gold, silver, platinum and palladium for a third straight week, helping to fuel rallies for the metals amid signs of a flagging U.S. labor market, a drop in German factory orders and a forecast by the International Monetary Fund for slower global expansion.
The price gains last week pared losses for 2015 on mounting expectations that sluggish growth will force the Federal Reserve to hold off on raising interest rates, which can curb the appeal of assets like commodities that don’t pay interest...............................................Full Article: Source
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