Copper $ 5.359 / lb -2.36%
Brent Crude Oil $ 61.12 / bbl -0.78%
Palladium $ 1542.7 / ozt 0.44%
Crude Oil $ 57.44 / bbl -0.78%
Natural Gas $ 4.113 / Btu -2.79%
Silver Futures $ 62.007 / ozt -3.09%
Aluminum Futures $ 2788 / ton 0.00%
Micro Gold Futures $ 4360 / ozt 0.37%
Micro Silver Futures $ 62.007 / ozt -3.08%
Platinum $ 1762.5 / ozt 2.89%
Gold Futures $ 4328.3 / ozt 0.45%
Go to MDC Markets

Continuing dollar rally may temporarily depress gold, silver and commodity prices - Maund

Mineweb | May 20, 2011 | 1:48 pm Precious Metals Gold Silver 

The main basis of my theory is sentiment, during the first week of May, before the dollar started rallying, only about 16% of the public was bullish on the dollar-almost a record low. Sentiment hasn't been this bad since 2003....

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