The gold-silver ratio is finally getting back to some semblance of normal.
The gold-silver ratio sometimes colors what a precious metals trader would like to be long or short.
The gold-silver ratio sometimes colors what a precious metals trader would like to be long or short.
Tom Burroughes, Group Editor , London, 22 July 2020 The Swiss private bank sets out the reason for holding the yellow precious metal in portfolios. The commentary is another turn in the debate about the role gold should play in wealth management. The case for gold often arises when risks appear to be higher than…
The value or price of gold has risen since mid-March 2020, reflecting worries across the financial world about how much purchasing power major paper currencies hold. In light of the deep recession caused by the coronavirus pandemic, the world’s most powerful central banks have responded in two ways: with a combination of quantitative easing – essentially money printing…
KEY POINTS The U.S. dollar has been the world’s major reserve currency for decades, but that status could come under threat as “very powerful countries” seek to undermine its importance, warned Anne Korin, from the Institute for the Analysis of Global Security. Korin says China, Russia and the European Union are some “major movers” behind…
by Tyler Durden Tue, 12/01/2020 – 16:00 Since the election, and the ongoing roll out of Biden’s nominees for economic and policy teams, the dollar has been on a one-way streak lower… The dollar is unchanged versus its fiat peers since Jan 2015… And it appears the plunge in the dollar is being recognized by gold…
With the Federal Reserve rate cut already priced in for next week, what will actually happen to the gold price once the central bank cuts for the third time this year? Analysts sounded positive as gold’s new technical momentum took prices temporarily to $1,520 an ounce, hitting a two-week high. Since then, prices retreated, but…
As covered here repeatedly over the past 24 hours, gold and silver (and oil) had a great day yesterday, with the rally continuing on Wednesday, sending silver nearly 100% higher than its March lows. Read More