Silver briefly eclipsed Nvidia Corp. to become the world’s second-most valuable asset on Monday, a historic reshuffling that signals a deepening rotation from technology stocks into tangible commodities. Silver is on track for an annual gain of more than 160%, its best performance since 1979. (Unsplash) The white metal’s total above-ground valuation climbed to $4.65 […]
The prices of gold and silver were on a tear for the fifth straight session today as investors continued to pile into safe-haven assets amid risks stemming from US blockade of Venezuelan crude oil shipments. Gold and silver bars are stacked in the safe deposit boxes room of the Pro Aurum gold house in Munich, […]
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 rose to an all-time high for the 50th time this year, asinvestors weighed escalating geopolitical tensions and the prospects for more US rate cuts. Silver also advanced to a record. Gold is on track for its best annual performance since 1979. (AFP) Bullion pushed beyond $4,480 an ounce for the first time, after […]
Prices of gold and silver rose to an all-time high today, tracking global cues stemming from growing expectations of more interest-rate cuts by the US Federal Reserve and strong safe-haven demand. Silver has surged 138% year-to-date, vastly outperforming gold, underpinned by robust investment inflows and persistent supply constraints. (Unsplash) What’s the gold, silver rate today […]
Silver prices in India surged to an all-time high on Wednesday, supported by a global rally, amid signs of tighter supplies and expectations of future interest-rate cuts by the US Federal Reserve. Silver has outperformed gold this year with around 80% return. (Unsplash) On the Multi Commodity Exchange, the silver rate surged by ₹4.14% to […]
Gold prices rose for a third day after the US Federal Reserve delivered a widely expected interest-rate cut on Wednesday, while silver climbed to a record high. A dovish Fed is positive for precious metals, such as silver and gold, which typically benefit from low rates as they don’t pay interest. (Unsplash) Bullion advanced as […]
Gold rose, on track for a fourth monthly gain, on heightened expectations for another interest-rate by the US Federal Reserve. Silver advanced to within a dollar of a record. Gold has consolidated above the $4,000-an-ounce level since pulling back from its peak. (AFP) Gold prices rose 0.8% to $4,190.17 an ounce as of 10:03 am […]
Gold prices held a three-day drop, hurt by fading expectations for another rate cut by the US Federal Reserve next month. Gold has still gained more than 50% this year despite the recent pullback, and remains on course for the best annual gain since 1979. (Bloomberg) Gold traded near $4,034 an ounce, after losing almost […]
Bullion steadied following two days of losses that were spurred by fading optimism the US Federal Reserve will cut interest rates next month. Gold is still up about 55% this year and remains on target for its best annual performance since 1979. (AFP) The gold price was trading slightly below $4,100 an ounce on Monday, […]
