Gold Silver Reports — Where gold goes, silver often follows. Bearish options on exchange-traded funds tracking the metals have been cheaper than bullish ones for the longest time since at least 2009.
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How Will a Brexit Vote Impact Gold and Silver Prices?
Gold Silver Reports — The June 23 referendum on whether or not the UK should leave the EU is fast approaching. New polls show that those favoring a leave vote or “Brexit” are leading by 10 to 20 points. This has sent ripples through the markets, as a Brexit is likely to cause economic chaos in the EU, cripple European banks and lead to a Recession.
Gold Slip While Silver Weekly Jump
Gold Silver Reports — Gold retreated from a 3-week high as the dollar strengthened after an employment report eased concern that the U.S. labor market was slowing. Silver headed for the biggest weekly advance since April as holdings in exchange-traded funds edged nearer to a record.
Gold Has Lost About 5.9 Percent in May
Gold (XAU/USD) pulled back from record highs a handful of dollars below $,4,900, following US President Trump’s softer tone at the Davos Forum, but the precious metal remains steady above $4,800, which shows that demand for safe assets remains steady.
