On September 11, gold and silver rates both declined dramatically in Indian markets. On Multi Commodity Exchange, gold futures dipped 0.9% to 51,306 per 10 grams, while silver futures fell 1.5% to 67,970 per kg. In the previous session, gold had boosted 0.7% while silver had climbed 0.52%. In India, gold and silver prices have …
The silver institute has published a report recently. According to it, the demand for the precious metal grew 10% in the first half of this year, compared to 2019. The white metal price averaged $16.65 an ounce during the first half of the year. Silver value dropped significantly in the middle of March. However, it …
In relation to gold, silver has been undervalued only two times in modern history. Once during the Second World War, and then the early 1990s. For those who think silver will return to average, it’s a great time to buy it. At less than $18 an ounce, silver is not far from the nine-month highs …
Silver at $18 shines brighter for some than gold at $1,800 Read More »
The alarm in the European precious metals market went off when the Covid-19 pandemic spread to all the countries of Europe. First, it spread in Italy and, immediately, in Spain and practically all the EU countries, to a greater or lesser degree. The precious metals market lacks stocks of the most demanded bullion, especially silver. …
The European market has run out of silver bullion stocks Read More »
The precious metals has been seeing gains along with the US stock market. A weaker US dollar index has also supported precious metals market bulls. June gold futures increased by $34.10 an ounce at $1,722.60. July Comex silver prices gained $0.555 trading at $15.57 an ounce. Earlier this morning, the US Labor Department reported new …
Gold and silver surge while US stock market rally Read More »
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