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Wednesday, 1 July 2020

Golden Rule Radio: Gold Holds Strong As Industrial Metals Soften


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?