$GLD and $SLV Prices as of April 15 2019 @moneymetals

9:33 AM


April 15, 2019 -- Gold flat-lined again while silver prices dropped a bit late in last week’s trading. Investors’ "risk on" sentiment continues to be the challenge for metals as the equity markets keep moving higher. Another round of rumors of an impending deal with China on trade helped push stock prices higher.

If a deal is reached, it may wind up being a "sell the news" event given how much optimism over trade has already contributed to equity prices. If a deal is not reached, we’ll find out how much longer markets continue responding to rumors.

The Wall Street Journal published an article Sunday which mirrors our own puzzlement about what is driving the rally in financial markets everywhere. The headline is "Global Stock Rally Defies Dimming Economic Outlook." Signs portending a slowdown in the economy are growing, but that isn’t reflected in equity prices.



Check out live precious metals prices here:
https://goo.gl/gy5XMA

You Might Also Like

0 comments