Goldsilver news
Here are some recent news articles and updates on gold and silver:
Gold:
- Gold prices rise as US-China trade tensions escalate: Gold prices surged to a six-year high on Monday as investors sought safe-haven assets amid escalating trade tensions between the US and China. (Source: CNBC)
- Gold demand from central banks hits record high: Central banks around the world bought a record amount of gold in the first half of 2020, according to the World Gold Council. (Source: Bloomberg)
- Gold prices may reach $2,000 an ounce by year-end: Analysts at Goldman Sachs predict that gold prices could reach $2,000 an ounce by the end of the year, driven by central bank buying and safe-haven demand. (Source: MarketWatch)
Silver:
- Silver prices surge to 2-year high: Silver prices jumped to a two-year high on Monday, driven by a combination of strong demand and a weaker US dollar. (Source: Kitco)
- Silver demand from solar industry to drive prices higher: The solar industry's growing demand for silver is expected to drive prices higher in the coming years, according to a report from the Silver Institute. (Source: The Motley Fool)
- Silver prices may reach $30 an ounce by 2025: Analysts at Thomson Reuters predict that silver prices could reach $30 an ounce by 2025, driven by growing demand from the solar industry and other sectors. (Source: Bloomberg)
Other news:
- Gold and silver ETFs see massive inflows: Investors poured a record amount of money into gold and silver exchange-traded funds (ETFs) in July, according to data from the World Gold Council. (Source: The Wall Street Journal)
- Central banks may start buying gold again: Central banks may start buying gold again as a hedge against currency fluctuations and market volatility, according to a report from the International Monetary Fund. (Source: Reuters)
- Gold and silver prices may be influenced by cryptocurrency market: The prices of gold and silver may be influenced by the cryptocurrency market, according to a report from the Bank of America. (Source: CNBC)