Can Gold, Silver Maintain Momentum?

  • Commodities Analysis

Gold and silver have had a great month so far. With risk appetite improving noticeably in the last week or so, silver, which is more of a risk-sensitive commodity, has outperformed the yellow metal.

Both previous metals have been supported by falling interest rate expectations, a weakening US dollar, some safe-haven demand, as well as strong physical demand from China. All these factors are boosting the silver price outlook.

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