Big Rally Coming for Gold Prices A trader is betting more than $2.0 million that gold prices could appreciate 10% in one month. The bet on SPDR Gold Trust (ETF) (NYSEARCA:GLD)—the exchange-traded fund (ETF) that tracks gold—was made on Thursday, when bullish trades outpaced bearish ones. CNBC reports…
Massive Downside for Copper Prices Copper prices may recover, but certainly not this year. Demand from China is the main arbiter of copper prices. Now, that demand is slowing. This has had serious consequences on metals prices. The industry sector is preparing for the worst. Major institutions, from…
Silver Prices Snaps Two-Day Decline The silver price appreciated more than one percent on Tuesday, snapping a two-day decline, as risk-averse traders hurried to buy safety-haven investments and sell risky assets like stocks amid a global stock-market selloff. The May silver price rose to as high as $15.22…