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Gold, silver up on safe-haven demand amid gloomy economic outlooks
Gold Latest Articles Market Analysis

Gold, silver up on safe-haven demand amid gloomy economic outlooks

Gold and silver prices are solidly up in midday U.S. trading Thursday. Safe-haven demand is featured late this week as global stock markets have become shaky again. A growing number of economists are now projecting longer recovery periods for major world economies, highlighted by Federal Reserve Chairman Jerome Powell Wednesday […]

Physical gold demand falls in 1Q; investment may fuel rally to $1,800/oz – Refinitiv
Gold Latest Articles Market Analysis

Physical gold demand falls in 1Q; investment may fuel rally to $1,800/oz – Refinitiv

Physical demand for gold – consisting of jewelry, industrial uses, central-bank purchases and retail buying of bars and coins – fell by 26% year-on-year to 753 metric tons in the first quarter, the lowest level since 2009, as high prices led the drop in consumption, said Refinitiv Thursday. Nevertheless, demand […]