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Commodities and Mining stocks: Falling oil positive for metals

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 16, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Charlie Gibson – Head of mining at Edison Research – joined Zak Mir and Tim Price in the Tip TV studio to discuss how Gold and other metals have performed strongly against falling oil prices. The benefits of cheaper oil. Gibson discussed how the recent slump in the price of Brent has seen it outperformed by many of the precious metals, with iron ore looking to be the next to overtake in value. He also talked about how cheaper oil could benefit consumers, but the effects are yet to be

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