As we edge toward a post-pandemic world, many investors are looking for ways to prepare for future uncertainties. A solution for some may include investing in precious metals, such as gold and silver. Here are five factors to consider when deciding to invest in gold or silver, economists at Morgan Stanley report.
James Steel (Chief Precious Metals Analyst, HSBC Securities (USA) Inc) and Suki Cooper (Precious Metals Analyst, Standard Chartered) discussed their personal highlights of the LBMA/LPPM Virtual Precious Metals Conference 2021.
Peter Schiff: Gold Will Explode; The Dollar Will Implode When The Markets Figure This Out
By goldlane
1 Mins read
Peter Schiff says gold will explode and the dollar will implode when the markets figure out the Fed is crying wolf when it comes to monetary tightening.
In short-term gold is likely to be influenced by the interest rates and economic recovery ahead. Yet for longer-term strategic investors an allocation to gold could help boost overall portfolio health, and provide the resilience needed, as investors re-position for what promises to be a decisive decade ahead.
Silver is currently trying to settle back above $22.30 while U.S. dollar is gaining some ground against a broad basket of currencies.
Gold’s path ahead depends upon whether inflation continues or not and how Fed will respond to it
The domestic gold price ended 2.4% lower in August at Rs4,710/1g. Retail demand increased during the month with a correction in the gold price and wedding purchases. Official imports hit a five-month high in August. The Reserve Bank of India (RBI) added 14.9t of gold in August, increasing its total gold reserves to 726.1t
The Gold-Silver Ratio (XAU/XAG), is the number of ounces of silver it takes, to buy one ounce of Gold. It shows the relative performance of both Gold and Silver. But, is it worth tracking?
Driven by stable gold prices and economic recovery, gold jewellery sales are about to increase by 12-14% in first quarter says experts
