Owning gold brings better returns than gold mining
With spot prices for gold at record highs, investors might expect precious metals mining company stocks to also trade at record highs. By and large, this is not the case.…
XAG/USD struggles around $30 amid uncertainty over the size of Fed rate cuts
Silver prices are under pressure to extend their uptrend above $30.00 amid rising US bond yields. The Fed appears ready to cut interest rates in September. Investors are eagerly awaiting…
XAG/USD rises to nearly $29.30 as Fed Chairman Powell’s speech takes center stage
In the countdown to Fed Chairman Powell’s speech, the price of silver rises to almost USD 29.30. Jerome Powell is expected to provide new guidance on interest rates and the…
XAG/USD drops to nearly $29.40 as yields rise after upbeat preliminary US PMI
Due to higher yields, the price of silver falls to almost $29.40. The better-than-forecast preliminary US purchasing managers index for August is causing bond yields and the US dollar to…
XAG/USD consolidates below $30 as investors await Fed minutes
Silver prices are trading sideways below $30.00 with the FOMC minutes in focus. The US dollar and bond yields remain on a bearish trajectory amid optimism about a Fed rate…
