China's silver shopping spree transforms global markets: 9,000 tons imported annually, strategic resource grab signals tech dominance and economic power play reshaping global commodity landscape.
Gold prices rebound over 1.6% as dollar rally pauses, with analysts watching Fed comments. Market volatility expected as year-end approaches; precious metals show resilience amid uncertainty.
While gold grabs headlines, silver quietly soars 42.4% in 2024's precious metals rally. With green tech driving demand and supply shortages looming, analysts see $40/oz on the horizon.
JP Morgan analysts suggest sell-off is short term and the ‘debasement trade rumbles on’
Silver Market Facing 4th Straight Deficit in 2024 as Industrial Demand Hits Record - Silver Institute Forecasts
Renowned investor Lobo Tiggre forecasts a surge in gold and silver prices, driven by economic uncertainty, inflation, and geopolitical tensions.
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
Strategist says gold’s weakened performance could be traders participating in ‘crypto frenzy’ since Trump’s election