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Gold Hits New Record High
Article By:
Andrey Goilov
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Monday, May 20, 2024 8:52 AM EDT
On Monday, a troy ounce of gold set a new price peak of 3438.00 USD.
Copper Roars, Gold Soars To Record Highs As Metals Hit "History-Making Mode"
Article By:
Tyler Durden
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Monday, May 20, 2024 7:37 AM EDT
While oil remains oddly muted amid yet another middle-eastern shock, the same cannot be said for various precious metals and commodities which are soaring to start the week.
Commodities’ Performance Lead Widens Over Markets In 2024
Article By:
James Picerno
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Monday, May 20, 2024 7:26 AM EDT
Last week’s strong rally in commodities expanded the performance lead for the asset class over the rest of global markets, based on a set of ETFs through Friday’s close, May 17.
In this article: GCC
Forex Today: Gold, Silver, Copper Rise To Fresh Highs
Article By:
Adam Lemon
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Monday, May 20, 2024 7:06 AM EDT
Precious metals have risen strongly to new highs, although the past few hours have seen Gold and Silver give back some of their gains. Gold has reached a new record high at $2450 while Silver has reached a new 11-year high at $32.50.
Gold Market Commentary - Monday, May 20
Article By:
James Harte
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Monday, May 20, 2024 5:45 AM EDT
Gold prices are seeing strong demand on Monday with the futures market breaking out to fresh highs.
In this article: GLD
Uranium Stocks Surge On The Back Of $3.4 Billion In Funding
Article By:
Quad 7 Capital
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Monday, May 20, 2024 3:48 AM EDT
Uranium producers including Cameco and Denison Mines are surging Friday following news that the U.S. government will ask companies to bid next month on contracts for as much as $3.4B of domestically produced nuclear reactor fuel.
The Commodities Feed: Metals Surge Higher
Article By:
ING Economics
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Monday, May 20, 2024 3:23 AM EDT
It’s all fun and games in metals markets as prices for several metals surge higher. In contrast, the oil market remains rangebound, awaiting news on OPEC+ output policy for the second half of 2024.
Silver – Breaking Through Key Resistance
Article By:
Florian Grummes
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Sunday, May 19, 2024 5:53 PM EDT
We were a bit optimistic 4 weeks ago. Only now does silver truly seem poised to sustainably break out above USD30. The past 5 weeks seem to have been merely a healthy consolidation within an intact uptrend, like catching one’s breath before a push.
In this article: SLV
Palladium Trading Strategy, XPDUSD Analysis & Forecast - Sunday, May 19
Video By:
Frano Grgic
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Sunday, May 19, 2024 5:18 PM EDT
Here's our price prediction for Palladium, based on the technical analysis, with the support and resistance on the daily time frame and where to expect where the price to break out.
In this video: PALL
Gold As Currency: Winds Of Change Are Upon Us
Article By:
Tactical Investor
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Sunday, May 19, 2024 4:14 PM EDT
The world of finance is a fickle mistress, and the recent fluctuations in the price of gold have left many puzzled. For years, gold has been seen as a haven, a hedge against inflation, and a store of value.
In this article: GLD
Elliott Wave Expects Silver Pullback To Find Support
Article By:
ForexCycle
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Sunday, May 19, 2024 3:29 PM EDT
Short Term Elliott Wave in Silver (XAGUSD) suggests the metal rallies in impulsive structure from 10.3.2023 low. Up from there, wave (1) ended at 25.91 and dip sin wave (2) ended at 21.94.
In this article: SLV
Silver Trading Strategy, XAGUSD Analysis & Forecast - Saturday, May 18, 2024
Article By:
Frano Grgic
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Sunday, May 19, 2024 12:37 PM EDT
First, price prediction based on the technical analysis: What is the support and resistance on the daily time frame for XAGUSD? Then, for the week ahead, the outlook and setups I am looking to trade.
In this article: SLVR
Hedge Fund Positions, The Future Through Futures, And Other Insights From CoT Report
Article By:
Paban Pandey
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Sunday, May 19, 2024 10:42 AM EDT
On Wednesday through Friday, the Russell 2000 (2096) rallied north of 2100 in each session intraday but closed the week just shy of that level. For over two months now, the small cap index has failed to decisively clear 2100, which is important.
4 Major Catalysts That Will Push Gold Above $3,000
Article By:
Jason Hamlin
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Sunday, May 19, 2024 6:02 AM EDT
In June 2019, gold spiked higher from $1,300 to a record high of $2,070, a move of 60% in the course of two years. Investors were optimistic that a new bull market cycle was underway. But the price crashed toward $1,600 over the next six months.