Speculators that buy gold, silver at the Fed’s first rate cut have performed spectacularly in unwinding economies
“The primacy of the dollar is the tired old wallpaper of the world monetary system.” - James Grant
Watch gold at $2,527 and silver at $29.75 for potential breakouts that could define the next bullish trends.
Bearish sentiment dominates Gold and Silver as both metals struggle to hold crucial support levels. Will $2,500 and $29.39 trigger more selling?
In understanding what's happening in the gold and silver markets, it's helpful to think about the reasons why investors around the globe continue to purchase precious metals.
It happened in 1979, 2011, and it’s happening now. Both previous times gold fell from the all-time highs. Could the circumstances of 2024 be different this time around?
Silver is surging as India’s insatiable demand rockets prices toward the critical $30 threshold, setting the stage for a potential breakout.
Gold is surging toward record highs as Fed Chair Powell's dovish remarks fuel investor confidence in a potential rate cut, boosting safe-haven demand.
Global bank releases note suggesting $3,000 an ounce spot price of gold within the next 12 months