A decrease of the indicator value may contribute to the rise in quotes of Silver, Gold and the fall in quotes of USD.
A decrease of the indicator value may contribute to the rise in quotes of Silver, Gold and the fall in quotes of USD.
Historical trends could pave the way for silver prices to match or even surpass the growth rate of gold. Currently, the gold-to-silver ratio stands at 98, significantly higher than its 30-year average of 68. This discrepancy signals that silver is undervalued.
Frank Holmes, CEO of U.S. Global Investors, says that gold prices could reach $6,000 per ounce by the end of Donald Trump's presidential term.
Gold prices fell more than 1% on Monday as investor sentiment improved with easing trade tensions between the US and China. This shift cooled down demand for safe-haven assets such as bullions.
The China Gold Association reported Monday that the country's gold consumption fell by almost 6% year-on-year in the first quarter of 2025, totaling 290.492 tons. Analysts linked the decline to surging gold prices.
A decrease of the indicator value may contribute to the fall in quotes of Gold.
Ryan McIntyre, an expert at Sprott Inc., advises investors to prioritize gold over the US stock market. Despite the precious metal’s price volatility in recent days, gold's surge past the level of $3,500 per ounce indicates the asset's strong upside potential.
Gold prices dipped slightly on Friday, but are still on track for a third straight week of gains. Investors remain upbeat, viewing the precious metal as a hedge against ongoing uncertainties and tensions in US-China trade relations.
The record gold rally seen in recent weeks is having a particularly strong impact on China, according to reports from Bloomberg. Gold has become the best-performing major commodity this year amid the Trump administration's trade policies that have sent shockwaves through global markets.
Midas Touch Consulting CEO Florian Grummes is confident that the rally in gold and silver will continue amid the current volatile conditions. The expert considers silver to be extremelly undervalued. However, by summer its price may rise to $40–50 per ounce.
Gold surged more than 1% on Thursday, driven by positive buying activity after a recent dip. On Wednesday, prices had fallen to a one-week low on optimism over a potential trade deal between the US and China.
Gold is not just glitter and beauty, but also a key asset in the financial sector.
Gold appears to be something more than just a metal. It is an indicator of economic stability and a tool for managing finances.
Staying up-to-date with the latest gold news is a key to successful management of your funds.