Endeavour Silver Corp. stock
Source – MSN
Similar Posts
Trump Tariff Fears Spark Disconnect in Silver and Copper Markets
“Investors around the world have started the year looking for protection against sticky and potentially rising inflation, fiscal debt worries and the unpredictability of Trump,” said Ole Hansen, head of commodities strategy at Saxo Bank.
“The market is sleepwalking into a squeeze right now,” Daniel Ghali, senior commodity strategist at TD Securities, said in an interview. “People are completely disregarding this risk.”
Source – Bloomberg / Yahoo Finance
Copper prices may continue to rise
Copper is generally a good indicator because it’s used all over the economy — in factories, houses, electronics and streetlights, per Chris Berry, founder and president of House Mountain Partners.
“The next time you’re on an airplane at night, and you’re coming in for a landing, and you see any lights or anything like that, every single one of those lights is working because of the electrical conductivity of copper,” he said.
So, if the economy is growing, and we’re building more, we’ll need more copper.
Source – Market Place
Copper and bitcoin have a strong connection
Copper’s rise is likely led by Trump’s tariffs, weakening its appeal as leading indicator for risk assets, including cryptocurrencies.
Source – Coin Desk
Aya Gold & Silver down
Shares of Aya Gold & Silver were down Friday after the company reported lower silver production than analysts expected in the fourth quarter.
The stock retreated 15% to 10.85 Canadian dollars ($7.58).
Silver production in the fourth quarter totaled 491,310 ounces, compared with 450,046 ounces in the same period a earlier.
Source – Market Watch
Gold / News / Uncategorized
Gold up 170% in first quarter
Gold prices have steadied after surging to a record high amid early signs of consolidation following the rally built on fears around U.S. President Donald Trump’s trade policies.
The precious metal eased to close at $3,287.72 an ounce on Wednesday, down 6.1% from the all-time peak of $3,500.05 hit on April 22.
Total gold investment flows sky-rocketed by 170% in the first quarter of 2025 from the same period a year earlier, reaching 552 metric tons, the highest since the first quarter in 2022, the WGC said in its report on Wednesday.
Source – Reuters
Gold bullion edged 0.2% lower
Bullion edged 0.2% lower to around $2,750 an ounce, roughly just $40 short of its all-time high and still set for a fourth straight weekly gain.
The president has identified China, the EU, Canada and Mexico as potential targets for import levies, though there is uncertainty over whether he will follow through with the threats.
Gold traded at 2,751.44 an ounce as of 10:48 a.m. in London. Silver, platinum and palladium fell. The Bloomberg Dollar Spot Index was relatively unchanged.
Source – Bloomberg