Gold Surges, Platinum Hits Our Target. Can the Bulls Keep Going?

Well, the bulls certainly weren’t planning to sit quietly through Wednesday’s session! After several days of bearish pressure, buyers have launched impressive counterattacks across the metals market. Gold has pushed through resistance barriers that seemed particularly difficult to overcome just yesterday and platinum has reached another downside target we highlighted in advance – before staging a powerful recovery of its …

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Silver’s Bullish Breakout Case Builds as Bond Yields Retreat

The Democratic blue wave has sent crude and Treasury yields sharply lower, improving the outlook for precious metals. With gold already breaking higher, could silver be next? Is gold showing the way for silver when it comes to a potential bullish breakout? The Democratic blue wave in the US midterm elections has dramatically altered market expectations for the outlook for …

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India approves $297m incentive policy for lithium, nickel processing

India‘s cabinet approved on Wednesday an incentive policy worth 28.14-billion rupees ($297-million) to boost domestic processing of lithium and nickel, the government said in a statement, in a move aimed at reducing the country’s reliance on supply chains dominated by China. India has a high import dependence on critical minerals such as lithium, and tighter conditions following export controls by …

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