Gold Silver Reports — Bracelets for Men That Complement Any Outfit — There was a time, not very long ago, when the western world looked dubiously on a man wearing a bracelet. At best, it was a style reserved for dads displaying the summer camp craft projects of their precious progeny or for kind people using their wrists to lend a hand in raising awareness of a disease.
Copper May Enter Corrective Phase
Gold Silver Reports — Copper May Enter Corrective Phase — Copper prices have been in a tremendous rally since bottoming out at around Rs.354 in early May, prices have since gained over 27% to reach a high of Rs.451.35 today.
Crude Oil Recovering After the Devastating Hurricane
Gold Silver Reports — Crude Oil has been recovering after the devastating hurricane Harvey shut down refineries in the US over the past week pushing gasoline prices higher and oil prices lower.
Gold Testing Critical Breakout Level
Gold Silver Reports — Gold Testing Critical Breakout Level — Below looks at the gold/US dollar ratio over the past 8-years. The ratio is testing a level that has been critical to gold bulls for the past few years and we suspect it will be critical for it again at this level.
Gold Sentiment Now Excessively Bullish; Correction Ahead
Gold Silver Reports — Gold Sentiment Now Excessively Bullish; Correction Ahead — Short term sentiment in Gold Futures, via the SPDR Gold Shares ETF (NYSE:GLD) has reached excessively bullish levels. This condition normally leads to a corrective move as the market runs out of buyers.
Gold Spot Up Side Hurdle $1354 Levels
Gold (XAU/USD) kicks off the week on a cautious footing, oscillating within its established $3,900-$4,050 range as traders weigh an evolving macroeconomic backdrop. At the time of writing, XAU/USD is trading around $4,008 after briefly slipping to $3,962 earlier in the Asian session.
Stocks Fall as Korea Tensions Flare
Gold Silver Reports — Stocks Fall as Korea Tensions Flare — Stocks fell and gold and the yen climbed as geopolitical tensions flared up again, with U.S. President Donald Trump weighing new economic sanctions that could target China after a nuclear test Sunday by North Korea. The dollar dropped for a third day.