Silver Spikes 7% - Here's Why
Precious Metals Commentary (week ending 19th July 2019)
Benefitting from dovish comments by NY Fed President, gold moved to USD$1,444 - the highest price since 2013. However the real surprise was silver, which rallied over 7% in five days to USD$16.32.
This week, we look at:
- Silver’s surge and possibility of AUD$30 by year-end
- The opportunity for a punt on platinum
- Billionaire Dalio’s advice to buy gold to hedge a coming paradigm shift
Read the full report by ABC Bullion's John Feeney and Bron Suchecki here.