Page 42 - Metals Focus News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Why Some Analysts Believe Silver Will Outshine Gold In 2021 Financialnewsmedia.com News Commentary PALM BEACH, Fla., May 25, 2021 /PRNewswire/ -- Many investors turn to gold during times of global crisis, and that is exactly what has happened this last year, during the pandemic. But experts say that smart investors should be looking at silver. A report from the Silver Institute (in collaboration with industry insider Metals Focus) says that silver will outshine gold as demand hits 8-year high in 2021. An article in Reuters discussing the subject said that the global demand for silver will ris...

Peak mined silver reached Stock image. Spot silver jumped to $28.32 an ounce in August 2020, its best performance in seven years, and though the price retreated last fall, it finished the year up an impressive 47%, more than doubling gold’s 22% gain. Silver climbed 47.8% in 2020. Source: Bloomberg via Sprott Insights In late January silver kicked higher after a Reddit WallStreetBets subpost triggered a call to buy. A flurry of purchases saw silver blow past $28 and touch $31 briefly, before falling back. Since March, the white metal has been trading in a fairly tight range between $26 and ...

SHARE Gold prices edged higher on Friday due to a pullback in the dollar, though gains were curbed as data showing a rise in US inflation fanned fears of a sooner-than-expected rate hike. Spot gold was up 0.2 per cent at $1,829.61 per ounce by 10.26am UAE time. US gold futures rose 0.2 per cent at $1,827.40. The metal traded flat for the week. The dollar index was down 0.1 per cent against its rivals, making gold cheaper for other currency holders. Inflation is not necessarily bad for gold, however, it’s bad if the central banks start to act on it, and the market is getting a little bit jit...

The Bigger the Lie  Let’s look for a minute at the very brief retraction statement which the LBMA released on 10 May admitting to the 3300 tonne ‘error’. To recap:  “ A data submission error led to the publication of an incorrect aggregate figure for the total silver held in London vaults in March. The corrected figure is 1,143,194 Troy ounces (‘000s)." So it was ‘ a data submission error’. The question then is, a data error submitted by who? There are only 6 vault operators in the LBMA London vault network. These are JP Morgan, HSBC, Brinks, Malca Amit, ICBC Standard,...

Here's why I think Kirkland Lake Gold (TSX:KL)(NYSE:KL) ought to be a top pick for every long-term investor today.