Mining stocks have been moving higher recently along with the whole precious metals sector. Is there enough steam to bring seniors even higher in the short-term? How about juniors? Today's essay addresses these questions and gives you an insight into the current situation in the market.
With moves higher this week mining stocks seem to reflect the upside path of both gold and silver. The question now is whether this upside potential will last longer and fuel another rally. More details in our today's essay.
Important action in the EUR/USD currency pair has been seen in the last couple of days and we need to follow up on our previous essay on the dollar's influence on gold. Fed's decision to keep interest rates at "ground zero" does not seem to have helped the greenback and, at the same time, the euro confirmed its breakout. Based on correlations in the markets, it seems that currencies and the stock market provide a favorable environment for precious metals. Further details in our essay.
In order to better examine the situation on the precious metals market, one needs to monitor also the situation in the main stock indices and currency markets. Today's essay includes analysis thereof along with discussion of implications for the gold and silver investors.
It is quite unusual to see gold trade above platinum as is the case right now. In today's essay, we discuss the impact such a situation might have on platinum.
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Local Top in Mining Stocks Might Be Just Around the Corner
Mining stocks have been moving higher recently along with the whole precious metals sector. Is there enough steam to bring seniors even higher in the short-term? How about juniors? Today's essay addresses these questions and gives you an insight into the current situation in the market.
Mining Stocks Yet to Go Up Decisively
With moves higher this week mining stocks seem to reflect the upside path of both gold and silver. The question now is whether this upside potential will last longer and fuel another rally. More details in our today's essay.
The Stock Market and the Dollar Sustain the Bullish Environment for Precious Metals
Important action in the EUR/USD currency pair has been seen in the last couple of days and we need to follow up on our previous essay on the dollar's influence on gold. Fed's decision to keep interest rates at "ground zero" does not seem to have helped the greenback and, at the same time, the euro confirmed its breakout. Based on correlations in the markets, it seems that currencies and the stock market provide a favorable environment for precious metals. Further details in our essay.
Dollar’s Influence on Gold
In order to better examine the situation on the precious metals market, one needs to monitor also the situation in the main stock indices and currency markets. Today's essay includes analysis thereof along with discussion of implications for the gold and silver investors.
Platinum’s Upside Potential
It is quite unusual to see gold trade above platinum as is the case right now. In today's essay, we discuss the impact such a situation might have on platinum.