Precious metals faced a challenging day following Donald Trump's U.S. presidential election victory. Despite that, gold and silver's bull market is still very much alive.
"Silver dump after Trump news? Think again! Analysis shows broader market dynamics at play as silver-to-commodities ratio tests 2011 high levels - when silver hit $50/oz..."
Saxo strategist says short-term bear market is nothing to be worried about for gold
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.
Renowned commodities expert Michael Oliver predicts a meteoric rise in silver prices, potentially reaching $50 an ounce.
Market cools off following the U.S. election and year-long rally that has sent prices to new highs
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.
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