Silver to Benefit From Global Solar Surge. It’s Time to Buy Again, Goldman Sachs Says.

Silver to Benefit From Global Solar Surge. It’s Time to Buy Again, Goldman Sachs Says.

Silver stands out as an “obvious beneficiary” with global infrastructure stimulus tilting toward renewable energy, and solar in particular, Goldman analyst Mikhail Sprogis said in a note. Solar investment accounts for 18% or silver industrial demand or 10% or silver total demand, he added.
October 12, 2020 0 Comments
UBS says you should buy gold now

UBS says you should buy gold now

SINGAPORE — Investors should be putting their money in gold now, as it represents a “very good hedge” ahead of risk events such as the U.S. election, UBS Global Wealth Management told CNBC.
September 30, 2020 0 Comments
Goldman Sachs says gold will surge another 20% and hit $2,300 in the next year, driven by rock-bottom interest rates

Goldman Sachs says gold will surge another 20% and hit $2,300 in the next year, driven by rock-bottom interest rates

The increased forecasts are driven by rising fears about the dollar's long-term future as the world's key reserve currency, and expectations of continued rock-bottom interest rates.
July 28, 2020 0 Comments
Gold prices surge to record high amid coronavirus worries, U.S.-China tensions

Gold prices surge to record high amid coronavirus worries, U.S.-China tensions

In the morning of Asian trading hours on Monday, spot gold traded at about $1,931.11 per ounce after earlier trading as high as $1,943.9275 per ounce. Those levels eclipsed the previous record high price set in September 2011.
July 27, 2020 0 Comments

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