Gold Peak and Silver Rise
Market indications suggest that gold might be reaching its peak before an impending bear market slump. The precious metal, known for its steady growth and safe investment aura, might be on the verge of a temporary downtrend, according to Heraeus.
The flip side of the coin, however, indicates a rise in silver supply. This is despite a noticeable slide in coin demand. The less glamorous sibling of gold, silver has recently experienced an uptick in supply, a fact that is positively baffling for investors observing the slipping demand for silver coins.
It remains to be seen how these market dynamics play out in the long run. On one hand, the looming bear market for gold might pan out as a factor that enhances silver’s attractiveness as an investment. On the other, the increasing supply of silver, coupled with sliding demand, might further disincent circular interest from the shiny metal. Read More
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