Mining Highlights: Fed ruins Gold’s run - Tip TV
Oct 06, 2016, 01:27 PM
In today’s Mining Market review, we look at the weekly and YTD performance of commodities and a few mining stocks, with Charlie Gibson, Head of Mining at Edison Research, and Beth Payne - Head of Communications at Tip TV.
Highlights:
Fed members talking about a possibility of Fed rate hike, led to Gold and Silver becom the worst performers on a weekly basis.
Gold has fallen below $1300 level, and seeing a technical support at $1267
On a year-to-date basis, Hard Coking coal is holding up the top spot