Category: Commodities News

As we approach the height of summer, trends in the precious metals market show that silver prices could hit $50, according to Florian Grummes of Midas Touch Consulting. Grummes indicates that the process of ‘gold re-monetization’ plays a significant role in this price surge prediction. He further explains that as the gold market gains strength…

Friday was a challenging day for silver enthusiasts, as the price of the precious metal took a sharp tumble. The dip wasn’t expected by many, raising concerns among investors and market observers. This isn’t the first time we’ve seen volatility in silver prices. The market can sway in either direction based on a variety of…

In what could be a significant development in the world of commodities, experts are anticipating a major breakthrough in the form of SilverSqueeze2.0. This potential phenomenon is expected to push silver prices to a level that could challenge the $50/oz landmark. According to top market analysts and trend watchers, the wave of SilverSqueeze2.0 might just…

The gold market continues to flaunt its strength, with prices soaring high above historical records. With the current trend, gazing into the near future, the target the bulls are setting is a whopping $3000. The current market behavior continues to surpass all expectations, and it is evident that the gold bulls are far from backing…

Gold prices leapt dramatically in the market in response to the U.S. Consumer Price Index (CPI) report which came out less ‘hot’ than anticipated. The market players took this as a bullish sign that pumped energy into the gold markets. The CPI, which is a crucial measure of inflation, saw a moderate rise. It did…

Despite a brief climb after softer than expected U.S. inflation data, gold prices are poised for a weekly loss. The muted inflation data spurred some investors to seek refuge in the safe-haven precious metal, which led to its price uptick. However, the optimism was not sufficient to counterbalance the earlier losses recorded in the week,…

In an unexpected turn of events tied to the U.S. Presidential elections, financial markets have seen a significant drop in the value of precious metals. Silver saw a fall of 5% in value while gold lost 3% following the announcement of President Trump’s victory in the election. This has sparked a sense of uncertainty among…

As we prepare for what promises to be an action-packed week in global markets, gold prices have seen a slight surge. This is potentially reflective of investors seeking safe havens amidst an environment fraught with uncertainty. Experts have noted a recent uptick in not only the prices, but also the trading volumes, suggesting a shift…