Gold Holds Strong as Industrial Metals Soften

from McAlvany Financial

This week we saw some short term downwards pressure on the industrial metals as gold held strong, hitting top end pricing, while the DOW dropped in earlier trading. Gold touched 8 year highs as the usual trend of summer seasonal pricing movements are called into question. A spike in new virus cases has rattled equities slightly, will this propel the metals higher as uncertainty looms once again over the equities sector? Thanks for listening, if you enjoy be sure to subscribe to our YouTube channel for weekly precious metals price updates and geopolitical commentary.
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Last week’s Golden Rule Radio: Are Markets Ready For Q2 Numbers? Gold & Silver Update

This Week’s McAlvany Commentary: Wall Street Fiddles As Rome Burns

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