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gold price: Gold rises on geopolitical tensions but investment demand remains weak

Gold is expected to find good support into the dips on geopolitical concerns emanating from the Middle East as the US and the UK strikes on Houthis have made the region vulnerable. Nonetheless, the yellow metal will be at. a risk to slide lower in case the tensions remain contained, more so as hard macroeconomic data of the US economy remain encouraging.
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Commodities Outlook for 2023

The commodities market bucked the trend of most markets in 2022, registering solid gains. The Ukraine conflict curtailed the supply of energy and food commodities, and prices soared. Will that pace diminish in 2023 as recessionary conditions dampen consumer confidence? Or will the uptake in demand from a reviving China keep prices high?
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SLV Silver ETF Expands Fastest in 18 Months as Biden Moves into White House

Wednesday, 1/20/2021 14:06 GOLD PRICES whipped sharply at the start of New York trading on Wednesday, sinking almost $20 inside 30 minutes before regaining half that drop as the inauguration of Democrat President Joe Biden began in Washington amid ultra-tight security following the pro-Trump violence on Capitol Hill 2 weeks ago. ย  Silver also whipped violently with gold prices as Donald Trump left Washington aboard Airforce One, heading for a ...
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