Silver rate crosses $70/ounce for the first time, gold prices extend record run| Business News

Silver rose ‍past $70 for the first time on Tuesday, while gold hit a record high, trading just below $4,500 an ounce, as a weaker US dollar and persistent geopolitical uncertainty lifted demand for safe-haven assets. The silver rate is up 143% so far this year on supply deficits, industrial demand, and investment inflows. (Unsplash) […]

Gold prices extend drop as progress on US-China trade deal erodes safe-haven demand| Business News

Gold prices fell, after posting its first weekly drop since mid-August, as the progress on a US-China trade deal sapped safe-haven demand. A blistering bullion rally that propelled gold prices to a record high of $4,380 an ounce last week has since gone into reverse on signs the metal had become overbought. (Bloomberg) Spot gold […]