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- ⛏️ Gold Price Pressure
👷♀️ Greetings, Contrarian!
This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and go running in the park. 👟
📝 Here are the highlights
🧐 Gold Price Pressure
🐦 Tungsten Supply Shock
📌 Daily Commodity Prices
Source: TradingEconomics and Numerco.
🧐 Gold Price Pressure
Gold edged higher today as investors bought the dip and the U.S. dollar softened slightly, but prices remain on track for a fourth consecutive weekly decline after recently hitting a four-month low.
The weakness is largely driven by expectations of prolonged higher interest rates, which reduce gold’s appeal as a non-yielding asset, although ongoing geopolitical tensions are providing some underlying support and helping limit further losses.
📰 In Other News
🐦 Tungsten Supply Shock
How Are We Doing?Today's mining news was: |
Happy Speculating!
The Editor
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.
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