Upcoming FOMC meeting scheduled for Dec. 18 is expected to bring lower interest rates in the U.S., which should help boost the price of gold
Silver surges 4.12% to $32.25, buoyed by bullish technical patterns, shrinking SLV short sales, and rising industrial demand. Key resistance levels could signal the start of a powerful rally.
Numerous sources expecting gold to reach $3,000 an ounce by the end of 2025
Financial expert Clive Thompson predicts a surge in gold prices to $5,000 due to skyrocketing government debt and potential hyperinflation.
Renowned precious metals expert Adam Hamilton predicts a bullish outlook for gold stocks.
President-elect suggests 100% tariffs for any country seeking to undermine the U.S. dollar
Saxo’s Ole Hansen suggests a temporary setback is looming in the precious metals market
Geopolitical tensions and an ongoing solar panel trade battle can only help to boost prices
Gold and silver markets have experienced a tumultuous November, driven by a mix of geopolitical events, economic concerns, and shifting investor sentiment.
Some suggest Bitcoin’s rally could be driving a move away from gold, while other strategists claim the drop is a technical move following a recent multi-day rally.