Why Gold and Silver Prices Are Falling After Their Rapid Rise

In the wake of a tumultuous financial period, where gold and silver seemed to defy gravity with their fantastic price jumps, they are now experiencing a downturn. How did these bastions of stability fall? Three main reasons: Economy recovery, vaccine rollouts, and easing tensions. As the economy recovers from the pandemic’s impact, investors are shifting their assets, causing the prices to slump. Progress on vaccine rollouts has also given a boost to financial markets, diverting attention from precious metals. Lastly, increased stability in geopolitical matters has also contributed to the slump. While precious metals might seem less attractive investments now, one mustn’t forget their long-term survivability and value protection. Read More