Weekly Round-Up: Strong US Dollar Weighs Down Commodities
A strong US dollar has pushed down most commodity prices this week with gold, silver and oil posting losses. Copper prices were up slightly on the news.
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Declining Australian Dollar Leads to ASX Increase
Shares increased in Australia by 0.3 percent as firms exposed to the US market benefited from a declining Australian dollar.
AIM Ends the Week Up Nearly Two Points
The Alternative Investment Market (AIM) in London was up 1.92 points, at 727.14, on May 17.
Strong US Dollar Hurting Gold
Gold – Healthy US retail sales figures boosted the US dollar this week and dragged gold down.
Japan and the Gold Price
Gold – Japanese investors are selling yen to purchase foreign bonds, which is pushing up the value of the dollar and lowering the price of gold.
Silver’s Thursday Rally Inspires Some Cautious Optimism
Silver – Silver prices declined for much of the week, but today's uptick has some experts thinking that improvement is on the way.
Copper Gets a Pick-Me-Up
Copper – Copper prices are up on the London exchange supported by a weak dollar and better-than-expected economic data from Japan.
The Hottest North American Shale Plays: Josh Young
Oil – Not all the shale plays are created equal, and one in particular is bucking the trend with robust economics and company share prices that show it. But is it too late to buy in? Fund Manager Josh Young doesn't think so, and he sat down with The Energy Report to discuss the hottest (and coldest) North American shale plays. Read on to find out where he's finding bargains that could pay off handsomely.
BC Liberal Victory Good for Mining
The Association for Mineral Exploration BC believes that the BC Liberals' victory is positive for the province's mining industry.
Fission Uranium: High Grade Uranium in Athabasca Basin
Uranium – Uranium Investing News had a chance to talk to CEO Dev Randhawa about the company and the uranium market.
