3 Precious Metals Funds to Buy as Investors Flock to Safe Haven Assets

A weak global economy has dampened investor sentiment, pushing gold and precious metals far ahead of equities. During times of economic uncertainty, investors dump equities and turn to safe haven assets like precious metals. The economy isn’t the only factor driving investors to precious metals. Lower interest rates across the globe has made gold and precious metals more attractive. We’ve […]

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Commodities Higher as US Dollar Weakens

Gold

Commodities were higher in the European trading session, as investors capitalized on a weaker US Dollar and improved risk sentiment, to snap up nicely priced commodities. Oil Following heavy declines on Friday and Monday due to the failure of the Doha Meeting to reach an agreement to freeze oil production, oil prices climbed higher today, rising more than 1% at one point in the […]

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Profit Taking Sends Precious Metals Lower

Gold

Following yesterday’s devastating terror attacks in Belgium, risk sentiment improved in overnight trading, spurred by an improved economic outlook in China, precious metals were lower in overnight Asian trading. The deadly terror attacks which hit a metro station and an airport in Belgium sent investors fleeing to the safe haven investments of precious metals with Gold and Silver both posting strong […]

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Commodity Gains Push Peruvian Stocks to 6-Month High

Peruvian stocks closed higher on Monday, led by strong gains in the Mining, Non-Metal Minerals and Industrial sectors. The S&P Lima General closed up 0.82% to reaching a fresh 6-month high on the same day the Brazilian Stocks also reached a new 6-month high. The strongest performers in Monday’s session in the S&P Lima General were Milpo (LM:MIL), which climbed 15.51%, Atacocha (LM:ATB) which jumped 11.11% higher, hitting a 52-week high and Austral […]

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Another Week of Gains Ahead For Oil?

Despite retreating from the three and a half month highs reached last week, with declines on Friday, Crude Oil posted yet another strong week of gains, making it five straight weeks of finishing in positive territory. Meanwhile, Brent Oil gained 2.01% for the week, making it a fourth consecutive week of rises. Spurring the gains last week was growing optimism that the major […]

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Oil Surges as Crude Oil Inventories Rise Less Than Expected

Crude

Prices of crude oil surged today, as investors reacted positively to the news that U.S. crude oil inventories increased less-than-expected last month. Crude Oil Inventories In the weekly report issued by the Energy Information Administration, official data showed on Wednesday that U.S. Crude Oil Inventories increased to a seasonally adjusted annual rate of 1.317M, down from the 3.880M recorded in the preceding month. This came […]

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Crude Oil Surges on Improved OPEC Outlook

Prices of Crude Oil surged on Friday, rising 2.43% in the North American trading session ensuring the commodity closes the week in the positive. The spike follows the International Energy Agency (IEA) suggesting on Friday that prices of oil may well have reached their bottom as production in the US declines as well as a fall in the other non-OPEC countries. Another contributing factor to the […]

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