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Goldman Sachs Forecasts Gold & Silver to Rise 10% in 2020 | The Mesh Report

Goldman Sachs Forecasts Gold & Silver to Rise 10% in 2020

Mike Hammer November 26, 2019 Comments Off on Goldman Sachs Forecasts Gold & Silver to Rise 10% in 2020

Silver traders are moving to the long side, according to the latest COTS report.

Long silver futures contracts rose by 7,352 contracts, according to last Tuesday’s report, indicating traders are looking for increasing silver prices going forward.

Lots of reasons someone might want to go long silver now – seasonality, high gold-silver ratio, holiday spirits run amok – and only time will tell how it plays out.

Continue Reading At The Gold Enthusiast



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