In the wake of the ongoing global trade war, the gold prices have seen an optimistic forecast. There has been a significant rise in gold prices due to the turbulence and uncertainty that the market is currently experiencing. On the contrary, predictions for silver prices by 2025 seem to suggest a downward trend. Uncertainty and fluctuations in the global market, backed by the ongoing trade war, lead investors to flock to the security of gold, making it an ‘economic safe-house’. This inadvertently, has been causing a surge in gold prices. As for silver, the slowing global growth and weakening industrial demand could be the contributing factors to the price cuts.
The full detail of the forecast and market behavior will be continually followed and updated. Read More
Leave a Reply