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Silver Plunges to 11-Year Lows, Is it a Buy at These Levels?
It’s been a wild couple of weeks for the financial markets, and the silver (SLV) bulls certainly haven’t had a week worth writing home about. While many of the investors in silver likely thought they had
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Goldman Sachs Makes GOLD Price Predictions for 2020
Goldman Sachs remained bullish on gold for the long haul due to potential of a “shock to the global economy” following the COVID-19 outbreak. Nevertheless, it trimmed the forecast for the next half year as a
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Gold is setting records dating back over 5,000 year… against silver
Gold hasn’t been such a terrific hedge of late against the turmoil from the coronavirus pandemic that has upended financial markets. Over the last month, gold futures GC00, -0.990% have retreated by 5%. While that’s a long
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Silver Prices Plummet to an 11-year Low
Growing panic in financial markets continues to drag precious metals prices down across the board, but growing recession fears are particularly weighing on silver and palladium prices, according to analysts. Monday, silver prices fell
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Central banks slashes rates, why is gold’s price below $1,500?
Central banks around the world have been very busy announcing measures to soften the impact of COVID-19 on their economies. But global stocks continued to sell off, dragging precious metals down along with them. Here’s some
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3 factors supporting the gold price – Blackrock
Although the gold market is struggling to find traction as panic and volatility grip financial markets, the world ’s largest asset management firm sees potential for the yellow metal. In a commentary published Thursday, Russ
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Gold down as traders sell what they can amid panicked marketplace
Gold prices are lower in early U.S. futures trading Thursday as markets liquidity in a panicky global marketplace is drying up as traders and investors back away from trading markets. “When in doubt, get out”
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Why is gold not at $1,900 this week? Scotiabank points to this reason
Why didn’t gold prices hit $1,900 on Monday when the yield on the benchmark 10-year Treasury note plunged to a record low of 0.318%? Gold’s upside potential Monday was limited to its quick overnight
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Gold hits 7-year high but analysts say the ‘level of fear in markets’ could push it to $2,000
Gold prices jumped above $1,700 on Monday, hitting a seven-year high as a coronavirus-fueled sell-off pushed investors into safer assets. However, analysts have said that the precious metal could continue to climb higher. “Gold could
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Are Gold Price, Gold Stocks Safe From Coronavirus? Lessons From 2008
The gold price briefly topped $1,700 early Monday, before getting whipsawed amid extremely volatile financial markets. But shares of gold miners were set to open sharply lower. So can investors count on gold and
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