Silver – Silver ETFs attracted more money than any other commodity.
Articles Tagged "safe haven"
The Commodity Investor explains the US debt ceiling and provides insight on how it could impact the economy and, more specifically, commodities.
Silver – Obama was considered the best candidate for silver. But will his re-election be bullish for silver in the near term?
Gold – Gold's price decline has generally moving in the opposite direction of the dollar as the Eurozone continues to attract significant concern and interest in US government debt increases. Spot market gold prices traded today in the range of $1,578.10 per troy ounce for a decline of approximately one percent on the week.
Gold – Gold mining companies have had more in common with struggling S&P 500 than with the safe haven metal, though this may change in the near future.
Silver – Silver’s price slipped on the day, but a looming economic slowdown may support the metal. Silver Investing News spoke with William Rhind Managing Director of ETF Securities, about the recent market volatility and the effect on the price of silver.
Gold – Insecurity over Italy’s financial stability make it the latest target of Euro Zone contagion fears and call into question the place the role of gold.
Silver – Financialpost.com reports that existing fundamental demand for silver makes it better protected.
Copper – The Canadian Press reports that copper, platinum and palladium are advancing amid expectations that the economy could be growing stronger.
Gold – Will gold ever be able to decouple from the dollar like it almost seemed to do earlier this year, or has its status as safe haven asset irrevocably shifted to the risk-asset class? Time will tell.