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Gold and Silver : Experts predict 10% – 25% rally

ByVictoria

“Given the current scenario, central banks are likely to continue diversifying their reserves with gold for financial and strategic reasons,” ICICI Securities stated in its report.

Pankaj Pandey, Head of Research at ICICI Securities, noted, “We anticipate fresh investment demand for gold in 2025 as investors seek a store of value amidst trade war anxieties.”

Silver is poised to outperform gold in 2025, supported by strong industrial demand from green energy applications, including photovoltaics and electric vehicle (EV) electrification, said ICICI.

Source – Live Mint

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Trump Tariff Fears Spark Disconnect in Silver and Copper Markets

ByVictoria
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“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

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Global Coin Announces Exclusive 2025 1oz Gold Eagles

ByVictoria
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Global Coin offers the 2025 1oz Gold Eagle in flawless NGC MS70 condition at dealer cost, including shipping and taxes. Early buyers receive a free 2025 Silver Eagle. Backed by an ironclad 30-day return policy, this exclusive promotion ends January 31, 2025.

To mark this special occasion, Global Coin is offering the Gold Eagle in flawless NGC MS70 condition for the dealer cost of $2,790, including shipping and taxes, through the end of January.

Promotion Details:

  • Duration: Offer valid through January 31, 2025, or while supplies last.
  • Bonus: A free 2025 Silver Eagle for the first 100 Gold Eagle buyers.
  • Quality: All coins are certified in flawless Mint State 70 condition, representing the highest standards of coin grading.
  • Shipping & Taxes: Included in the purchase price for seamless transactions.

Source – Business Insider / Markets Insider

Copper prices edge up in thin trade after past week’s tumble

ByVictoria
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Three-month copper on the London Metal Exchange (LME) rose 0.1% to $8,949.5 a metric ton in official open-outcry trading.

Adding further pressure, the International Copper Study Group said on Friday that the global refined copper market was in a 287,000 metric ton surplus for the first 10 months of 2024.

With a mean reversion strategy in play, copper is likely to strengthen back above the crucial $9,000 mark, Sucden Financial analysts said.

Source – ZAWYA

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Kentuckians could sue Gov. Andy Beshear over a gold and silver sales tax

ByVictoria
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Follow up on Kentucky considers bill to entice gold and silver investors

House Bill 2, introduced last week by Rep. T.J. Roberts, R-Burlington, and backed by several other GOP representatives, would void a controversial line-item budget veto by Beshear last year that prevented state lawmakers from exempting “bullion currency” — or gold and silver coins — from taxation.

The proposed bill would also give people who have paid sales taxes on gold and silver since August — when the exemption was set to take effect — the power to use the courts to seek a refund along with $1,000 for “each day that the violation occurred,” paid by the governor’s office.

Source – Louisville Courier-Journal

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