Tue, May 18, 2021
A A A
Welcome vaishu
RSS

Commodities Briefing - Categorized | Metals and Minerals, Price Watch more

Global Scenario Gathers Support for Precious Metals Prices

Posted on 29 January 2016

The upheaval in the Chinese markets during the start of the new year and the continued currency devaluation in China have hurt the world markets and sparked the appeal of gold as a haven asset.
The Federal Reserve is also likely acknowledging the current economic slump. It refrained from raising interest rates on January 27, 2016. Both the delay in the rate rise and the economic downturn are beneficial for precious metals. Gold and silver have risen 2.1% and 2.5%, respectively, on a five-day-trailing basis………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 48800 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
banner
banner
May 2021
S M T W T F S
« Nov    
 1
2345678
9101112131415
16171819202122
23242526272829
3031