MTECHTIPS;-Gold / Silver / Copper Prices – Weekly Outlook: August 13 – 17

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MTECHTIPS;-Gold / Silver / Copper Prices – Weekly Outlook: August 13 – 17

MTECHTIPS-The broadly stronger dollar looks likely to remain a significant headwind for gold this week as the precious metal’s inverse relationship to a firmer dollar continues to outweigh safe haven demand for bullion. Gold futures ended Friday with a loss for both the day and the week as a rally in the dollar amid fears over contagion effects from a currency crisis in Turkey weighed.Elsewhere in precious metals trading, silver settled down 1.02% at $15.305 a troy ounce, for a weekly loss of 0.91%. Platinum settled at $828.80, 0.64% lower for the day, to end the week 0.44% lower. Among base metals, copper ended at $2.745, down 0.74% for the day, extending its weekly loss to 0.76%. Ahead of the coming week, www.mtechtips.com has compiled a list of significant events likely to affect the markets

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