Gold has defied interest rate rises and record equity markets to rally to its highest level in more than three months, the Financial Times reported this week. Rising more than 6% since early December to over $1,300/ounce — its highest level, the paper reports, since September 2015. Gold is normally considered a safe-haven asset and a […]
Tag: Gold
This Morning in Metals News: Chinese Steel Futures Start Strong in New Year
This morning in metals news, Chinese steel futures start the year on the right foot, the automotive sales outlook for 2018 is not quite as bright as it has been in recent years and gold reaches a three-month high. Chinese Steel Futures Start ’18 Strong Chinese steel futures started the year on the right foot, […]