Gold, Silver Rise on Global Inflation Concerns
Bloomberg reports that gold and silver prices rose Tuesday after China increased interest rates to curb inflation and slow economic growth.
Articles Tagged "inflation concerns"
Silver Price Shapers: Greece and India
Both Greece’s debt crisis and India’s inflation concerns are dollar supportive, putting downward pressure on silver prices.
Silver Price Correction Not Surprising
By Melissa Pistilli-Exclusive to Silver Investing News Precious metals prices have suffered deep blows in recent trading days as investors fret over the direction of possible interest rate moves and the dollar. “We are seeing liquidation from a lot of fast money that had jumped into gold on the premise that they want to diversify [...]
Silver Plays the Dollar
By Melissa Pistilli-Exclusive to Silver Investing News Monday brought positive price actions in precious metals as gold and silver climbed to seven-week highs on a falling dollar and commodities rally fueled by economic optimism. Growing sentiment of economic recovery in the markets was boosted by promising global manufacturing reports, specifically out of China, the U.K., [...]
Silver’s Future Still Looks Bright
By Melissa Pistilli – Exclusive to Silver Investing News Despite setbacks this last month, the long term outlook for precious metals is still bullish given rising inflation concerns, increasing physical demand, and rising geopolitical tensions. In recent days, a weakened dollar and rising oil prices have led to gains in gold and silver. This morning [...]
