One of the bright spots in the commodities asset class, as well as the broader market this year, has been precious metals. In Q2 2019 among all alternative assets, precious metals ETFs were well represented in the top ten.
The recent rally in precious metals presents a few questions. Why this type of performance in precious metals? How have technicals improved as a result?
Developed markets are more correlated with oil than Emerging Markets. Russia and Gulf states are not as correlated to oil as many investors think.