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Gold is 1.4% higher this morning, as it trading above its Monday’s closing price following breaking above the $1,800 price level.

Gold is 0.3% lower, as it is trading slightly below the $1,800 level. What about the other precious metals?

Add to Bookmarks The gold futures contract gained 0.29% on Wednesday, as it extended its advance following bouncing from $1,750 price level. The market has extended its short-term consolidation following $100 decline. On June 1 gold price was the highest since early January. Then it has been declining towards the mentioned $1,750 price level. This morning gold is higher, as we can see on the daily chart (the chart includes today’s intraday data): Advertisement Start Trading Trading Derivatives carries a high level of risk to your capital and you should only trade with money you can afford t...

With the current situation suggestive of a Monty Hall problem, investors are clinging to the first, bullish door. But what if a different option is more likely? The Monty Hall problem is a form of a probability puzzle, and what it shows is immensely unintuitive. Suppose you are on a game show, and you need to choose one of three doors. Behind one of them is a car and behind the others, goats. You pick a door, and then the host (who knows what’s behind them) opens one of the remaining doors, behind which there is a goat. The host now asks: “Do you want to change your door choice f...

These stocks to buy from the metal and mining sector will benefit from tailwinds of economic growth, de-carbonization and higher inflation.