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Current price of silver The demand for silver as a precious metal has always been overshadowed by gold’s high demand. This is because silver has much lesser supply capacity and is also more vulnerable to market volatility. The last price hike witnessed by this metal was in 2020 when the silver index grew dramatically by…
Category: News
Global gold supply to fall after 2022
Future gold price Gold markets are actively thriving as the supply of gold has reached 4,791 tonnes within the first half of the current year. However, this hike will not last long as experts at DISER (Department of Industry, Science, Energy and Resources) in Australia have predicted the supply to fall by 0.7% each…
Gold Price Scales $1,850 as Dollar Eases Following Fed Rate Hike
Gold Price Scales $1,850 as Dollar Eases Following Fed Rate Hike Gold reached skyrocketing prices on Thursday as an easing dollar enabled offsetting pressure from the hefty interest rate hike by the US Federal Reserve formerly. Spot Gold was up 0.09% to $1,850.98 (USD) per ounce by 1:00 pm. ET, hitting the $1,850 mark…
Inflation Goes From Bad To Worse As Demand For Gold And Silver Remains Strong
Inflation Goes From Bad To Worse “Commodities such as gold and silver have a world market that transcends national borders, politics, religions, and race. A person may not like someone else’s religion, but he’ll accept his gold.” – Robert Kiyosaki. Stock market risks is a great concern , Let us discuss about it. Consumer Price…
Is Price Gouging by Greedy Corporations Causing Inflation?
Greedy Corporations Causing Inflation When you become an investor in precious metals it is immediately imperative that you begin to understand human psychology to some degree because it is in fact one of the largest drivers of price action within this industry. The reason for that is because silver and gold have historically been…
