Yahoo! Finance: SI=F News
The run in commodities has been stunning. It’s not just silver and gold feeling the love, but oil, wheat, aluminum, nickel, soybeans, corn and others. We’ve been in a supply-shocked super-cycle for this space and the bulls have reaped the rewards.
The post Silver and Gold Explode. How High Can They Go? appeared first on WorldSilverNews.
Yahoo! Finance: SI=F News
After the downturn in the markets yesterday and as energy prices continue to rise today, conservative investors are looking to fortify their portfolios by adding metals exposure to their holdings. The price of gold, for example, crossed the $2,000-per-ounce mark today for the first time since August 2020, while other precious metals like silver, platinum, and palladium are also rising today. It’s no wonder, therefore, that Northern Dynasty Minerals (NYSEMKT: NAK), PolyMet Mining (NYSEMKT: PLM), and TMC the metals company (NASDAQ: TMC) are all looking a lot more lustrous in investors’ eyes today.
The post Why Shares of Northern Dynasty Minerals, PolyMet Mining, and The Metals Company Are Skyrocketing Today appeared first on WorldSilverNews.
Yahoo! Finance: SI=F News
Gold on Tuesday extended its blistering rally towards an all-time high as investors made a beeline for the traditional safe haven on mounting fears about the Ukraine crisis and the impact of a possible ban on Russian oil by the United States and Britain. “The combination of roaring energy prices, grain prices, base metal prices is culminated in dramatic inflationary pressures that continue to be the major underlying support behind gold moves higher,” said David Meger, director of metals trading at High Ridge Futures. “In addition, we’re seeing significant amount of safe-haven bids in the gold market as equity markets have come under pressure due to major concerns on the geopolitical front.”
The post Gold heads for record peak as Ukraine, inflation risks mount appeared first on WorldSilverNews.
Yahoo! Finance: SI=F News
Yahoo Finance’s Ines Ferre joins the Live show to break down recent swings in commodity prices.
The post Gold jumps to highest level since August 2020, palladium nears all-time highs appeared first on WorldSilverNews.
James Anderson
Tue, 03/08/2022 – 05:17