One of the key characteristics of the futures market is volatility. And, some of the most volatile futures products are based on commodities. The constant balancing of the supply-demand curve—as well as such factors as geopolitics, regulations, and currency values—can send prices directional in the blink of an eye. No matter if you’re trading metal,… Read more.
The path for USD has been rocky since its highs of mid-March, but the degree of rockiness depends on the path you’re taking.
Gold’s summer, one of its most volatile in decades, has included a 10% rise, high prices not seen in decades, and multiple short-term outliers in both directions.
Gold is flirting with its most expensive prices since August 2011, and it’s doing so in a historically unique manner. Other precious metals such as silver and platinum are less than half the price they were at the time of gold’s previous high, and many stocks have bounced back to approach or in some cases… Read more.