GoldCommodity Research Bureau - CRB - Tue Jan 27, 9:38PM UTC
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 higher: GCG5 +8.9 (+0.71%), SIH5 +0.182 (+1.09%), HGH5 +0.026 (+1.04%). Metals prices on Thursday closed lower with Feb gold and Mar silver at 2-week lows: Closes: GCG5 -31.3 (-2.43%), SIH5 -1.315 (-7.27%), HGH5 -0.0280 (-1.13%). Bearish factors included (1) a stronger dollar, (2) the fall in U.S. jobless claims to a 14-3/4 year low, which may push the Fed to raise rates, and (3) the +2,775 MT increase in LME copper inventories to a 9-1/2 month high of 247,450 MT.