More Silver Report
Precious metals got the biggest hit from the FOMC statement along with the surge in US GDP. Silver seemed to get whammed harder than gold, falling 4% on Thursday and continued to fall during the Asian session on Friday. Silver is down 77 points at 16.343 plummeting...
Crude oil recovered 28 cents this morning to trade at 81.71 while Brent oil added 29 cents to reach 86.30 as traders took advantage of the weaker US dollar to buy up the cheap commodity. Goldman Sachs has recently been playing the devil’s advocate with both crude...
Analysis and Recommendations: Silver added 102 points as trader bought up the cheap commodity after it fell to a recent low. Silver still remains weak at 17.263. Copper at the same time gained 13 points to trade at 3.077 as global sentiment seemed to shift back to...
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