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No Silver Lining to Precious Metals’ Slide
Oct 24,2014 15:00CST
industry news
Source:SMM
On Wednesday we broke down commodities in different sectors and saw how precious is within the weak sectors, falling over 8% in a year.
by Raul De Frutos on OCTOBER 23, 2014 - On Wednesday we broke down commodities in different sectors and saw how precious is within the weak sectors, falling over 8% in a year.
 
As commodities keep falling and the US Dollar keeps rising, the recent lack of investor appetite for precious metals doesn’t come as a surprise. Here is a quick visual breakdown of the significant weakness happening in the precious metals group, starting with the weakest of them: Silver.
 
 

 

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