Markets

Silver miners soar as Reddit traders pile into the precious metal

Silver miners First Majestic Silver, Pan American Silver, Wheaton Precious Metals, and more are all rising on Monday. The Silver spot price jumped 11% Monday morning before paring gains. Precious metals broker APMEX said it received 12 times the normal demand for silver last weekend. Sign up here for our […]
Silver miners soar as Reddit traders pile into the precious metal
Markets

Goldman Sachs forecasts a structural bull market emerging for commodities in 2021- here is the breakdown of their analysis

Structural under-investment, increased stimulus and the weakening dollar are the foundation for Goldman Sachs’ bullish forecast, according to a research note published Thursday. The Goldman analysts recommend a long position on its carbon-neutral commodity index for ESG investors. Goldman increase their forecasts for soya and corn, leaving gold unchanged. A […]
Goldman Sachs forecasts a structural bull market emerging for commodities in 2021- here is the breakdown of their analysis
Markets

Gold’s rally may have paused, but the world’s biggest wealth manager still thinks a 10% allocation to bullion is ‘not a bad move right now’

Gold prices have lost some ground in recent weeks, but the world’s largest wealth manager thinks it should still play a key role in investors’ portfolios. Charles Day, private wealth advisor at UBS Wealth Management told Business Insider: “In terms of being diversified with everything that has gone on, having […]
Gold’s rally may have paused, but the world’s biggest wealth manager still thinks a 10% allocation to bullion is ‘not a bad move right now’
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