India’s silver imports hit record high of 9,450 tonnes in 2022
India imported 9,450 tonnes of silver in the 2022 calendar year, the country’s highest-ever annual imports. The previous high for silver imports was 8,093 tonnes in 2015. The reasons for high imports last year are multifold: Pent up demand from industry after lockdown years, restocking by jewellery and silverware fabricators, and […]
Gold falls as dollar holds ground, traders eye U.S. data
(Reuters) – Gold prices slipped on Wednesday from a nine-month peak hit in the previous session as the dollar steadied and investors squared positions ahead of U.S. fourth-quarter economic growth figures.FILE PHOTO: Gold bullion is displayed at GoldSilver Central’s office in Singapore June 19, 2017. REUTERS/Edgar Su/File PhotoSpot gold was down 0.6% to $1,925.75 per […]
Before You Buy ANY Mining Stock, WATCH THIS
Join Mike Maloney for a fascinating look at the performance of physical gold and silver in relation to the mining companies that dig it up and bring it to market.About Mike MaloneyMike Maloney is host of the smash hit video series, Hidden Secrets of Money; former Rich Dad/Poor Dad advisor; author of the best-selling precious […]
XAG/USD marches towards 200-SMA inside weekly bearish channel
Silver price renews intraday high to reverse the previous day’s slump to five-week low. 200-SMA, bearish chart formation keeps XAG/USD bears hopeful. Monthly high acts as the last defense of Silver bears. Silver price (XAG/USD) picks up bids to refresh intraday high near $23.55 as it bounces off the five-week low marked the previous day. […]
Gold prices tick lower; growth concerns start weighing on white metals
By Arundhati Sarkar (Reuters) – Gold prices ticked lower on Monday as investors positioned for U.S. economic data this week that could influence the Federal Reserve’s future policy, with a softer dollar cushioning further losses in bullion. Spot gold inched 0.1% lower to $1,925.54 per ounce by […]
XAG/USD reached a new two-day high but fell short of $24.00
XAG/USD stays firm and climbs as the US Dollar remains offered across the board. Silver Price Analysis: Range-bound but could turn bullish above $24.50; otherwise, it could re-test the 50-DMA. Silver price extended its gains for the second consecutive day, cleared Thursday’s daily high of $23.93, and held its ground above the 20-day Exponential Moving Average […]
Silver to perform well as investors look for cheaper alternatives to Gold – ANZ
Silver prices have risen by 27% since mid-October 2022. Economists at ANZ Bank expect XAG/USD to perform well in 2023. Silver should not be ignored “We expect prices to correct in the short-term, but fundamentals are likely to be supportive over the next 12 months.” “The supply-demand balance looks strong. The growing adoption of green […]
Expect A Mass Die-Off Of Public Companies Later This Year
When the road ahead is uncertain, there’s no wiser choice than to listen to those with experience.To those who have seen enough market cycles to judge what’s most likely to happen next.Today we had the good fortune to interview financial advisor Ted Oakley, managing partner & founder of Oxbow Advisors, who has over 40 years […]
Buying an RV With Gold Coins
Is it possible to buy anything with gold coins these days? Absolutely, positively, YES – with some strings attached – as you will learn from Mike Maloney in today’s gold and silver update. Enjoy.About Mike MaloneyMike Maloney is host of the smash hit video series, Hidden Secrets of Money; former Rich Dad/Poor Dad advisor; author […]
The Best Time of the Year to Buy Gold & Silver in 2023
Can’t decide if you should buy gold now or wait?Even though physical gold and silver have long-lasting qualities most other investments don’t, we all want the best price we can get. It’s only natural, and any good consumer will consider the timing of their buying decisions. It’s a question almost every investor asks before executing: […]