Similar Posts

  • / /

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

    ByVictoria
    0 Comments

    “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

  • / /

    Gold prices higher, Silver prices lagging

    ByVictoria
    0 Comments

    Asian and European shares were mixed to weaker in trading overnight. U.S. stock indexes are set to open higher on corrective bounces following Friday’s big sell offs.

    German stocks rose as investors cheered a win by German conservative leader Friedrich Merz in Sunday’s elections.

    The Euro zone January consumer price index came in at up 2.5%, year-on-year, which was right in line with market expectations.

    Source – KITCO News

  • /

    Gold prices up, jobs lower than expected

    ByVictoria
    0 Comments

    Gold prices edged up on Friday, poised for a weekly gain on safe-haven inflows and a U.S. jobs report revealing lower than expected job growth in February, suggesting the Federal Reserve is on track to cut interest rates this year.

    Spot gold added 0.3% to $2,918.11 an ounce as of 09:24 (1424 GMT). Bullion has gained over 2% so far this week, as U.S. President Donald Trump’s ever-shifting tariff policies fanned uncertainty.

    “Weaker than expected number is giving gold a slight boost… also a weaker dollar for the week right now is helping,” said Bob Haberkorn, senior market strategist at RJO Futures.

    Spot silver fell 1% to $32.28 an ounce and platinum shed 0.1% to $965.58, while palladium edged 0.5% up to $946.

    Source – Reuters