Silver prices climbed sharply on Monday to post their strongest daily percentage gain since February 2021, and gold futures rose to their highest finish since mid-September as a disappointing reading ...
Tag: Gold Dec 2022
Silver is outperforming gold this month, and that’s just the start
Silver has underperformed gold this year, but that could soon change. “A real scarcity has been developing in the silver market,” said Keith Weiner, founder and president of precious metals based inve...
Silver tumbles to 2-year low as precious metals sell off again
Precious metals prices fell again on Thursday as gold tumbled to its lowest level in roughly 6 weeks, while silver hit its lowest in more than two years as investors bet that interest rates will remai...
‘There’s no Fed pivot’: Wall Street finally gets the message as stocks swoon after Powell speech
Federal Reserve Chairman Jerome Powell’s brief, but blunt Jackson Hole speech on Friday sparked a sharp selloff in stocks and other financial assets as Wall Street reacted to his vow to bring inflatio...
Gold is down 15% from its record high but here’s why it may still be key to a diversified portfolio
Two years after gold’s rise to its highest-ever price, the metal doesn’t have a lot to show for it. It has failed to regain ground above the $2,000 level, prompting investors to question its ability t...
Gold marks longest losing streak since July, falls nearly 3% for the week
Gold ended Friday at its lowest price in just over three weeks, down a fifth straight session to mark its longest losing streak since early July, as rising Treasury yields and a resurgent U.S. dollar ...
Gold prices log a 4th straight loss to end at a 3-week low
Gold futures gave up early gains on Thursday to suffer a fourth straight session loss, with prices settling at their lowest in three weeks on the back of strength in the U.S. dollar, as investors dige...