Silver Prices Are Outpacing Gold. That’s a Good Sign for the Global Economy.
Silver has sharply outpaced gold’s gains in the past three months, and its classification as both an industrial and precious metal may lead it on a path to even higher prices. From Oct. 31 to Jan. 31, Comex silver futures climbed nearly 25%, outpacing gold’s almost 19% climb, a “statistically unusual amount that shows the […]
Gold Price: Why the Rally May Last. Economic Uncertainty Is Great for the Price.
Gold climbed to its highest prices in nearly seven months, feeding expectations that the precious metal is on track to notch record highs this year, after closing out 2022 with a modest loss. Gold “noticeably” appreciated by about $200 an ounce from November to the end of last year, and continued that trend in the […]