Others fear my greed! The emotional reversal suggests that September is the golden opportunity to lay out US stocks!
Analysts say that investors tend to be overly optimistic when the market is booming and overly pessimistic when the market is declining. This is why sentiment readings are considered to be contrarian indicators.
Is the outlook for gold, silver, and copper optimistic?
The metal market this year has undoubtedly experienced significant volatility, especially in gold, silver, and copper.
Decision Analysis: TA's statement, another 50 basis points rate cut! The yen skyrocketed, and gold reached a new high again.
The dollar fell to its lowest level this year against the yen, while gold hit a historic high, as investors increased their bets on a significant rate cut by the Federal Reserve next week.
Metals Prices Expected to Be Steered by Fed Bets - Market Talk -- Market Talk
The price of gold soared to a new high! Gold stocks exploded collectively, surging by more than 19%. What happened overnight?
Gold and silver prices soared, spurred by the ECB's announcement of interest rate cuts and expectations that the Federal Reserve would cut interest rates. On Thursday evening, spot gold rose more than 2,560 US dollars/ounce during the intraday period, reaching a record high. Affected by this, US gold stocks strengthened across the board. Coldron Mining soared by more than 19%, and Hecla Mining surged nearly 9%.
Gold Marks Fresh Record High as Inflation Data 'Set the Stage' for Fed Rate Cut