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Tag: Precious metals

Gold breaks record, silver tops $34 as central banks drive precious metals rally

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Gold breaks record, silver tops as central banks drive precious metals rally

Gold breaks record, silver tops $34 as central banks drive precious metals rally Precious metals continued their rise this week, with gold hitting new highs and silver hitting its highest price in 12 years. This increase was driven by increasing geopolitical concerns, changing monetary policy and an upcoming presidential election. Gold futures rose above $2,760 […]

Streible: The rise in silver is related to the oil decline and the China data

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Streible: The rise in silver is related to the oil decline and the China data

When Schwab Network lead moderator Oliver Renick asked Blue Lines Futures chief market strategist Phil Streible what he thought of silver's performance on Friday, the longtime commodities expert didn't hesitate to show some enthusiasm. He reached out of his camera's view and emerged with a red one “Make Silver Great Again” Hat and a […]

Gold extends record, silver jumps to 12-year high as precious metals outperform stock market

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Gold extends record, silver jumps to 12-year high as precious metals outperform stock market

Gold and silver showed no signs of slowing their rise on Monday as investors continue to invest in precious metals. Gold futures (GC=F) hit new records, rising as much as 0.8% and hovering near highs of $2,750 an ounce. Silver futures (SI=F) rose more than 3% before paring gains, briefly topping $34 an ounce, their […]