Gold and silver to continue to appreciate - Julius Baer
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Expert explains why silver and platinum shares are surging
May 20, 2024 5:00 PM EDTOn Friday, various commodity prices that had ground higher over recent weeks suddenly surged. Silver gained 6.1%, nickel 6.5%, copper 2.3%, gold 1.4%, platinum 2.3%, tin 2.5% and even US natural gas rose 5.25%.
Analysts at Gavekal Research noted that price action continued early on Monday (in the Asian session).
The rise occurred against a backdrop of weaker US economic data. Gavekal believes there are several possible explanations for the increase.
The first is that Chinese growth is not imploding. "Given that Western economies are humming along, India is booming, and emerging... More
