Silver has been a store of value longer than gold, but since the rise of gold as money it has long overshadowed that of silver. However, could it be that silver once again has the spotlight firmly on it? Global demand for silver is expected to grow in 2019 and it is projected to outperform […]
Reasons for slumping gold price
Gold price has experienced a rocky rise at the first quarter of 2018(Q1) and steadily dropped to almost the same point in the end of Q2 and remains downward trend until today. The article tries to answer what may lead to the fluctuations and should investors worry about it. Strengthen of US dollar Normally measured […]
Impact of rising oil prices is predicted to increase inflation and therefor has a direct effect on gold
Your global market watch “Impact of rising oil prices is predicted to increase inflation and therefor has a direct effect on gold” Flaring geopolitical tensions in Middle East together with the predictive decline in US stockpiles are boosting oil trade near $70 a barrel. In particular, a jump in oil can impact gold through inflationary […]
Which way next for gold — post election
Today is Tuesday 8th, the long and extreme campaign between two of the most diverse candidates in the history of America will finally come to an end. As ever the financial market have reacted and been affected by the ongoing tension with the dollar falling over the last fortnight. If Trump comes in to victory […]
Gold Prices Firm, Silver On A 4-Week High But Will Clinton-FBI Boost Last?
Gold prices stepped over 1% last week to the highest level in nearly four weeks after the US Federal Bureau of Investigation said it has reopened its investigation of Hillary Clinton’s use of a private email server during her time as secretary of state. Hedge funds and other money managers had already raised their net […]