Commodities
Commodities
Oil market
Rio Tinto Share Price Falls
rio tinto share priceToday Rio Tinto Ltd [ASX:RIO] have dropped by 4.85% in share value. Despite the drop Rio Tinto are trading at a much higher value, as in March last year their shares were trading at $60.46, now they are worth significantly more, trading at $73.50 a share.
Get Ready for Gold’s Impending Move
gold set to surge higherWhile there is a lot of uncertainty around markets right now, a good strategy is to go for relative value. Right now, gold reflects good relative value. That is, relative to other asset classes, gold looks the least risky in terms of valuation. There are reasons to believe that gold is readying for a major breakout. If that happens, the price will move higher, very quickly.