A lot of investors are just buying because the price is going up, then trying to find reasons to explain it. Yingxi Yu More Yingxi Yu Quotes 0
We believe that the fund interest in silver is built upon a much narrower base of investors than gold, leaving it more vulnerable to big price moves in either direction. Yingxi Yu More Yingxi Yu Quotes 0
Prices are being driven up by hedge funds, which are buying platinum because its fundamentals are looking good. Platinum has been in deficit for the past six years, and it's expected it will be in deficit this year. Yingxi Yu More Yingxi Yu Quotes 0
The market conditions are likely to remain quite nervous over the next few days and near-term weakness in the TOCOM (Tokyo) market cannot be ruled out. Yingxi Yu More Yingxi Yu Quotes 0
Price dynamics in gold next year will continue to be largely determined by speculative interest, backed by a myriad of justifications like inflationary risks, energy-price led economic slowdown, expectations of a US dollar correction, soaring physical demand, supply-side constraints, hopes of large scale central bank buying and so on. Yingxi Yu More Yingxi Yu Quotes 0
With a lack of fresh catalysts to trigger a significant move in either direction, we expect gold to remain in its consolidation mood over the near term. Yingxi Yu More Yingxi Yu Quotes 0
Gold is probably going to remain in a range-bound trade today and should find good support above $565 against an environment of high oil prices. Yingxi Yu More Yingxi Yu Quotes 0