Gold’s rally in the first week of October, which had already started when we wrote last week, continued until midweek when overbought considerations brought about profit taking. Strong U.S. employment figures put further pressure on the price as the Fed’s rate cycle came back to center-stage The previous downtrend was broken, and with gold currently […]
Weekly markets round-up for Coininvest
Welcome to a very brief overview of the recent performance in the markets. The essentials are captured in the table below and each week we will show a chart of interest. Indian jewellery demand in Diwali; down but not out Last week saw the Indian Diwali Festival, which runs for five days. This is a […]
Weekly markets round-up for Coininvest
Welcome to a very brief overview of the recent performance in the markets. The essentials are captured in the table below and each week we will show a chart of interest. Last week we started by saying this: “We would not be surprised to see reduced activity in the gold and silver markets over the […]