Global commodities had mixed performances this week. Metals have been aided by a dollar weakening, while energy suffered recent political developments.
The US Inflation Reduction Act has earmarked about $430 billion for renewable energy investment
Market pricing of future Fed interest rate cuts is a positive catalyst for precious metals such as gold and silver. However, the final answer is determined by the inflation trend.
The London Metals Exchange recently announced that it is exiting the gold and silver futures market
Oil and gold on the rise as US dollar yo-yos
Precious metals held steady Monday, after rallying Friday. Gold surpassed the $1,800/ounce psychological level
Will the silver price remain under pressure or rebound to recent highs?
The silver price reached a seven-year high in 2020 as investors flocked to the precious metal. Will silver go up further in 2021?
Precious metals prices have been increasingly volatile since they reached fresh highs. Our latest gold and silver price prediction looks at what might happen next.