Gold And Silver Are Surging

Gold and silver prices are way up today.

Spot gold was up more than 1 per cent to $1,588/oz, while silver was up as much as 2.9 per cent to $27.96/oz.

Here’s gold…

Investing.comAnd here’s silver:

Investing.comReuters’ Jan Harvey reports gold demand from Hong Kong has recently increased

Hong Kong’s net gold flow to mainland China rebounded last month from three-month lows in January, reflecting increased demand ahead of the Lunar New Year holiday and as buyers took advantage of weaker prices, data showed on Tuesday.

Gold has fallen as low as $1,545 in recent weeks.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at