The change in inventory by London Metal Exchange (LME) warehouses is positive for 5 consecutive days. The negative correlation of this indicator thus confirms the negative development in recent days. The current price of XCU/USD - Copper Spot US Dollar is 4.263 (December 14, 2021). Therefore, we will now look at statistical and technical analyzes.
If we see a global decline in the financial markets, gold could also fall in the first phase, as investors start to run for cash. Later, the price could rebound and rise. The current price of XAU/USD - Gold Spot US Dollar is 1 784 (December 05, 2021). Let’s now look at statistical and technical analyzes.
October was the most profitable month of this year and one of the best months in the last four years regarding Bitcoin returns. Almost 40 % increase during October was a great start to the previous quarter, and many expected the time has come for Bitcoin to break the 100 000 dollar barrier. But November made a stop to that.
Recent fundamentals of supply and demand for platinum give us a negative view of this commodity as demand has declined globally and supply levels have risen. The current price of XPT/USD – Platinum Spot US Dollar is 953.68 (November 27, 2021). Let us therefore now turn to statistical and technical analyzes.