Category: Precious Metals
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Silver Price Forecast: Major Fall Amid US-China Trade Talks
In a drastic shift in the precious metals market, the Silver price (XAG/USD) has plummeted to near $33.00, a steep fall impacted primarily by the US-China trade talks. The uncertainty and escalating tension revolving around the meetings and negotiations have led to significant market volatility, causing this unanticipated drop. Market players take a hawkish approach…
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Understanding the Rise in Gold Prices
Over recent years, the price of gold has experienced an unprecedented surge. This raises one basic question – why has the price of gold risen so sharply? The simplest answer lies within the fundamental economic laws of supply and demand. There has been a consistent increase in demand for gold, contributing to its rising price.…