As the week comes to a close, gold is heading towards a fresh record. The precious yellow metal inches its way higher, secure in its position as a reliable store of value. Investors trust in gold’s stability is being reaffirmed. Yet, while gold rallies, silver’s price chart remains ‘messy’. The sister metal struggles to inspire the same confidence, with its volatile ups and downs raising eyebrows among investors. Experts suggest that silver’s chaotic price trajectory is a result of differing industrial and investment demands.
This week’s record for gold underlines its allure for investors seeking a haven amid economic turbulence. Silver, on the other hand, needs to make strides to foster similar confidence in the market. Read More
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