Demand for Silver Outpaces Gold as Precious Metals Production Ramps up Again
The trends depicted by both gold and silver are similar in many ways. Volatility during the first four months of the year has been overcome successfully
Month: May 2020
New Zealand Mulls Using Helicopter Money Despite Having Zero Gold Reserves
While it is true that COVID-19 has created havoc among economies worldwide, there have to be better solutions than printing money out of thin air.
Strenuous US-China Relationship Paves the way for a Higher Gold Price
During times of uncertainty, precious metals tend to become more popular, and by default, rise in value. This is especially visible when looking at the prices of both gold and silver.
Turkey Cuts Interest Rates for the Ninth Time, Gold Reserves Reach a new High
Economists are convinced that this latest rate cut is a direct result of the Turkish Lira bouncing back strongly. When it hit record lows earlier in May, there was some genuine concern
Gold and Silver Will Appreciate in Value Regardless of a new Coronavirus Wave
One thing that is certain is how the pandemic has been beneficial to precious metal markets. Gold’s price has bounced back strongly after dropping to the low $1,260 range.
The Stars Align Neatly for a Major Gold Price Surge
It is the first time in history that so much “extra money” is brought into circulation in quick succession. No one knows what the consequences will be.
Fears Over a Second Coronavirus Infection Wave Push Gold and Silver Prices Higher
This is already becoming apparent across nations that seemingly thwarted the coronavirus outbreak. South Korea and China deal with a rise in overall infections,
Australia Will Overtake China as the World’s Leading Gold Producer
If the price keeps rising like it did over the past 18 months, Australia might overtake China even sooner than originally expected.
Gold and Bitcoin in the War on Cash
Gold and Bitcoin in the War On Cash Global commerce is gravitating towards digital payments, with smartphone apps, credit cards, and bank transfers gradually replacing cash as the everyday medium of exchange. But while…
Gold Producers Look to the Future as Global Coronavirus Crisis Gets Under Control
Now that the coronavirus crisis is seemingly under control in most countries, it is time to cautiously begin exploring what the future may hold. In terms of gold mines and precious metal producers, there…
