Last year the total sales of gold exports reached $310 billion mark. The top 5 countries made up a large portion of the total gold exports last year with shipments accounting to more than $177 billion, which was 57.30% of the world tota...
Read MoreWhat is the Gold-to-copper ratio and why is it important? And more importantly, what could it be telling us? The Gold-To-Copper Ratio Health Check Copper is often referred to as a barometer for economic growth and gold has...
Read MoreThere has been quite a lot of talk about oil in the news recently with some analysts suggesting the price could reach $100 per barrel, which would be the highest since 2014. Whether that will happen, that is another story. In this article, we take a ...
Read MoreThe US Dollar has been crushing it this week against many of the major currency pairs with most of the market chatter surrounding additional rate hikes from the Fed. We'll look at the USDCAD, also referred to as the "Loonie," a pairing that has survi...
Read MoreFree-falling gold prices The latest weekly chart for gold does not look favourable for the precious metal. Below we can see that in twelve of the past sixteen weeks, gold prices have ended down and is one of the worst runs for the metal in decades. ...
Read MoreAUDNZD - Point & Figure Chart AUDNZD - As we approach the upcoming policy meetings this week, the expectations for both central banks (RBA and the RBNZ) is to keep their respective interest rates on hold. The only difference is that the New ...
Read MoreNZDCAD - Daily To begin with, let’s take a look at the NZDCAD. Admittedly not the liveliest minor pair but in this instance, I think it is worth a mention. On the daily time frame, we can see the price is hovering around the critical support...
Read MoreOil on the Rise After reaching its lowest price for 15 years back in January, we have seen the oil prices rising in the recent months since June. The price recently reached a two-year high following a partial closure of the Keystone pipeline connect...
Read MoreUpcoming News » 10:30pm Employment Change - CAD » 10:30pm Trade Balance - CAD » 10:30pm Unemployment Rate - CAD » 10:30pm Average Hourly Earnings - USD » 10:30pm Non-Farm Employment Change - USD » 10:30pm Unemployment Rate - USD ...
Read MoreAfter being under a tremendous amount of pressure over the five past years, commodities, represented by the Bloomberg Commodity Index, finally started to show signs of relief when they rallied by some 11% (measured from close to close) over the pas...
Read MoreIt was only one month ago when oil was the most hated commodity in the market. Analysts were pessimistic and forecasts for oil with a $10 handle were circulating in the financial media. However, against all odds, oil suddenly managed to hold losses ...
Read MoreFrom geopolitical unrest to trigger happy central bankers cranking up the printing presses (quantitative easing), it’s apparent why market participants turn towards the natural safe haven qualities of physical precious metals when the chips are dow...
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