Renowned analyst Francis Hunt warns of a potential economic downturn, highlighting gold's role as a crucial hedge against uncertainty.
In a recent "Metals Minute" episode, Phil Streible discussed the recent surge in precious metals, particularly gold and silver.
Gold Stumbles but Doesn't Sink After Trump Re-Election, JPMorgan Sees Staying Power
Phil Streible, a seasoned expert in the precious metals field, offered a detailed analysis of the factors driving the current market trends in a recent Metal Minute video.
In a recent "Metals Minute" commentary by Blue Line Futures LLC, precious metals expert Phil Streible highlighted a decline in both gold and silver prices overnight.
Could the split in prices be showing signs of a weakening economy?
Russia's gold reserves exceed $200 billion for the 1st time. The share of gold in the country's international reserves is now at 32.9%.
Gold's current bull market has lasted 105 weeks with a 64% return, well below the historical average of 250%. Given past trends, gold prices may have more room to rise as uncertainties persist.
Russia Boosts Daily Currency Purchases by 35.5% to Over $54M, Finance Minister Says "We're Seizing the Opportunity to Bolster Reserves"
In the wake of the recent US election, the precious metals market experienced a period of volatility.