Precious metal investing spot gold tested $2

Spot gold tested $2,050 resistance before mild profit-taking set in. Chartists view a clean break above this level as a potential new leg higher in precious metal investing momentum trades. Backed by world-class investors like Jeff Bezos, Arrived allows you to invest in shares of rental homes with as little as $100 — all without the hassle of mowing lawns, fixing leaky faucets or handling difficult tenants. While Franco-Nevada does have to pay for the metal, the agreed upon amount is far under the current market value. At the time, the deal was set at US$400 for each ounce of gold and US$4 per ounce of silver with a 1 percent inflationary adjustment, or market price if that was less. Market breadth in mining equities has improved, with 65% of names trading above their 50-day MAs. Technical traders view this as a risk-on signal within precious metal investing sectors.