Latest Precious Metal News

February 26, 2024

The US Dollar is facing significant pressure in anticipation of the release of the Fed Minutes.
The US Dollar (USD) is facing downward pressure and is once again flirting with breaking below 104 in the US Dollar Index (DXY). While the USD exhibited strength earlier in the European trading session
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February 26, 2024

An inconspicuous recession indicator in the bond market is raising concerns about a potential severe economic downturn, according to insights from ING Economics.
Analysts at the data analytics firm have highlighted a strong correlation between US Treasury yields and Bund yields in Europe
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February 18, 2024

Silver Price Outlook – Silver Encounters Volatile Support
Silver remains characterized by significant volatility, and the bullish momentum continued during Tuesday's session.
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February 18, 2024

BRICS Nations—Russia, China, and India—Shift Away From US Dollar in 95% of Trade Transactions.
A clear indication of escalating efforts in BRICS de-dollarization is evident as Russia, China, and India have opted out of using the US dollar in 95% of their trade.
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February 18, 2024

Gold – Determining the Right Time to Exit: $2k, $5k, $10k?
When clients inquire about selling their gold and ask about specific dollar levels such as $2,000, $5,000, or $10,000, I often respond with a counter-question: "Do you have upcoming liquidity needs?" or "Is there a productive investment opportunity to deploy your capital?"
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February 8, 2024

Anticipated Silver Demand to Reach the Second-Highest Level on Record in 2024
Silver demand is projected to increase by 1 percent in 2024, reaching 1.2 billion ounces, the second-highest level on record, as per estimates from the Silver Institute. Industrial demand is anticipated to drive global demand, experiencing a 4 percent growth to a record 690 million ounces
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February 8, 2024

20 Countries Embrace Russian Payment System, Move Away from US Dollar
In alignment with the broader de-dollarization goals of the BRICS alliance, 20 nations have embraced the Russian Payment system as part of their efforts to move away from the US dollar
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February 8, 2024

UBS predicts that gold prices will reach $2,200, and silver is poised for a 'dramatic' period of outperformance in 2024.
UBS forecasts that gold and silver are poised for further gains in 2024, driven by expectations of interest rate cuts by the U.S.
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February 8, 2024

TD Securities has initiated a long position in gold, declaring that the time for pursuing opportunities is now underway.
The gold market is facing challenges in gaining bullish momentum following the U.S. central bank's resistance to expectations of an aggressive easing cycle
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