NEW YORK, May 23 (Reuters) - Precious metals sprang back up on Tuesday as investors recommitted to buying commodities at more reasonable prices after last week's sobering declines on worries about economic growth and inflation. At the COMEX division of the New York Mercantile Exchange gold rose 2.4 percent, while silver, which has been extremely volatile in recent weeks, gained nearly 6 percent. They tumbled 8 percent and almost 13 percent, respectively, last week. Gold matched a rise in ...
Premium Content (PAID Subscription Required)
"Precious metals rebound, commods bulls step back in" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.