News Articles

Short selling is a financial strategy in which investors bet against a particular asset, hoping to profit from a decline in its price. While this can be a risky and controversial tactic, it is widely used as a profitable trading strategy. . . .Jordan Milkovich

The price of silver will move to our first bullish target of 34.70 USD in 2023. We see a test of 48 USD soon after, not later than 2024. . . .Forecasts

Will 2023 be the year that gold hits $3,000 an ounce? . . . .Frank Holmes

Goldman Sachs expects gold, with its real demand drivers, to outperform the highly volatile bitcoin in the long term, the bank wrote in a Monday research note. . . .Reuters

After November's massive rally, we are finally starting to see some follow-through buying in the gold market as prices end the week at a four-month high above $1,800 an ounce. . . . Kitco

By the end of November, India had imported 8,000t of silver – up substantially on the 4,500t taken in during the entirety of 2021. . . .Robin Bromby

In 2023, gold finally finds its footing after a challenging 2022, in which many investors were left frustrated by its inability to rally even as inflation surged to a 40-year high. . . .Ole Hansen

We have over time been pretty positive about the prospects for the gold price – currently wavering just short of the $1,800 mark, but have tended to be negative on cryptocurrencies. . . .Lawrie Williams

Central banks continue to accumulate gold according to the latest data available.1 In October – data is lagged by two months . . . . Krishan Gopaul

Silver price (XAG/USD) renews a six-month high of around $22.40 early Thursday, after crossing the key resistance line stretched from March. . . . Anil Panchal