Silver jumps to two-week high amid US-Iran deadlock
Precious metals started the week on a strong note, with silver rising to a two-month high, despite fresh setbacks surrounding United States-Iran peace talks. Spot silver surged as much as…
silver price
Investors prefer North America to Africa: Sprott chief
Rising gold and silver prices – and the resource nationalism they have fuelled in some African countries – are making North American mines and projects more attractive to global miners amid a search for stable operating environments, says Sprott Asset Management’s chief investment officer. …
Silver, gold fall as U.S. dollar rebounds on next Fed chair
Precious metals prices plunged on Friday as a rebound in the U.S. dollar led some investors to book profits on the metals. Silver plunged 22% to trade at $90.73 an…
Gold hits new high as Trump probes Fed chair Powell
Gold set a new record Monday after the United States Department of Justice threatened to criminally prosecute Federal Reserve chair Jerome Powell over a building project, sparking concern that the…
Silver hits record above $60 per oz
Silver is trading at record highs as the precious metal continues to attract bids amid concerns over a market deficit. Spot silver rose 4% on Tuesday and hit a new…
B of A forecasts US$3,000 gold, US$35 silver on ‘financial repression’
In April, Bank of America Global Research increased its 18-month price target on gold from US$2,000 per oz. to US$3,000 per oz. and forecast an average gold price in 2020…