-
US dollar’s, copper’s, and platinum’s finer points
The precious metals market hasn’t done that much since I posted my gold price forecast for August 2025, so today’s issue will be a supplement rather than a major update – there’s simply nothing to update. One thing that I’d like to update you on is that the GDX ended yesterday’s session lower (just a $0.14 decline - but it’s still a decline), and this happened right after it was just $0.12 below its 2011 high. In my view, the top is likely either in or about to be in. In yesterday’s Gold Trading Alert, I already discussed this resistance’s importance as well as the analogous one in the GDXJ, and I ... (full story)
- Comments / Top
- Subscribe
Trader#E0F4
Aug 14, 2025 8:41pm
Permalink
-
Related Stories
The Producer Price Index for final demand rose 0.9 percent in July, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices were unchanged in June and moved up 0.4 percent in May. (See table A.) On an unadjusted basis, the index for final demand advanced 3.3 percent for the 12 months ended in July, the largest 12-month ...
From fxstreet.com | Aug 14, 2025
Silver (XAG/USD) edges lower on Thursday, snapping a two-day losing streak as stronger-than-expected US Producer Price Index (PPI) and upbeat Jobless Claims data bolster the US Dollar. At the time of writing, the metal is trading near $38.00 during the American session, down nearly 1.30% on the day. Earlier in the Asian session, XAG/USD struggled to sustain ...
From dailyforex.com | Aug 14, 2025
Silver has rallied quite nicely during the Wednesday trading session as we continue to see the US dollar struggle just a bit. Ultimately, this is a market that given enough time will probably try to get to higher levels, with the first area of interest as far as I can see being the $39 level as it is a large, round, psychologically significant figure. ...