Video Alert and PDF: Learn from a Market Veteran (Free!)
Jim Prince, 25-year commodity market veteran, just posted a 3+ minute video about a recent move in the commodity markets. Watch it now, and he'll send you a free companion PDF and an email reminder every time he posts a new Daily Alert video.
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Metals prices this morning are mixed: GCJ6 +1.9 (+0.16%) at a 3-1/4 month high, SIH6 +0.045 (+0.30%), HGH6 -0.015 (-0.68%). Thursday's closes: GCJ6 +16.2 (+1.42%), SIH6 +0.116 (+0.79%), HGH6 +0.0365 (+1.74%). Metals prices on Thursday closed higher with Apr gold at a 3-month high, Mar silver at a 2-3/4 month high and Mar copper at a 1-month high. Metals gained support from the fall in the dollar index to a 3-1/4 month low, increased safe-haven demand with the sell-off in stocks, and the -2,700 MT decline in LME copper inventories to a 6-week low of 232,700 MT.