Precious metals changed course and plunged at the beginning of the week only to slightly recovery by the end of the week following the rise in tension between Russia and US. The Malaysian airliner plane was shot down over Ukraine;…
During last week, gold and silver bounced back. The depreciation of the US dollar against leading currencies may have contributed to the rally of gold and silver. The decision of RBA to cut its rate by 0.25 pp may have…