pari20888
22nd March 2018, 12:39 AM
Precious metals have a long history as investment assets and stores of value. The tradition of wearing jewelry made of these metals is a deeply ingrained part of the human condition and specifically in a culture. Nowadays, demand for jewelry continues to drive a large percentage of annual precious metals production.
Gold could trend higher in 2018 as real borrowing costs continue to be low in historical terms and fears of equity and bond market correction. And geopolitical risks from North Korea, the Middle East and new international trade war will continue to underpin prices. But, prices are unlikely to scale fresh highs in 2018 purely on geopolitical risks. And therefore, upside could be limited to $1380 or even higher to $1400. But, if there is a credible geopolitical risk then gold could rise as high as $1500.
Five Major Reasons Why Gold and Silver Prices Could Rise:
Precious metals prices are a lot higher these days than they were at the turn of the century.
Geopolitical risks have been on the rise.
Investors are existing from bitcoin and cryptocurrency and investing their money in Gold.
Precious metals bounce on the Fed announcement
Gold and Silver both have industrial applications, it is investment demand each year that determines the path of least resistance for their prices.
Silver is a magical metal that has made fortunes for some and sent others from riches to rags over centuries.
Source: http://www.stockmaster.in/silver.html
Gold could trend higher in 2018 as real borrowing costs continue to be low in historical terms and fears of equity and bond market correction. And geopolitical risks from North Korea, the Middle East and new international trade war will continue to underpin prices. But, prices are unlikely to scale fresh highs in 2018 purely on geopolitical risks. And therefore, upside could be limited to $1380 or even higher to $1400. But, if there is a credible geopolitical risk then gold could rise as high as $1500.
Five Major Reasons Why Gold and Silver Prices Could Rise:
Precious metals prices are a lot higher these days than they were at the turn of the century.
Geopolitical risks have been on the rise.
Investors are existing from bitcoin and cryptocurrency and investing their money in Gold.
Precious metals bounce on the Fed announcement
Gold and Silver both have industrial applications, it is investment demand each year that determines the path of least resistance for their prices.
Silver is a magical metal that has made fortunes for some and sent others from riches to rags over centuries.
Source: http://www.stockmaster.in/silver.html