Investors Turn Bearish On Precious Metals ...Middle East

Via AG Metal Miner The Global Precious Metals MMI (Monthly MetalMiner Index) moved sideways last month, inching down a mere 0.37%. Precious metal prices today are trending sideways in general. However, as a whole, the market appears more bearish than bullish in the short term. Gold, in particular, faces bearish pressure from investors due to its correlation with the USD. But while the USD is finally dropping, the gold index remains somewhat high. This has only served to make gold an even more expensive investment. This bearish pressure continues…

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