December 27, 2024
Gold Investing

Investors are buying gold, but silver struggles to keep up


In this presentation, Jeffrey Christian of CPM Group reviews current gold and silver investment demand and some of the factors driving markets.

The video begins with a global focus for gold investment, where strong demand is evident. Jeff details the significant role of institutional investors, high-net-worth individuals, and retail investors in fueling this demand, particularly through physical purchases and ETFs. Despite some weakness in U.S. Mint gold coin sales, overall demand for gold has remained strong

Silver however, has shown weakness, with net investment demand low due to offsetting sales by investors disillusioned by unmet price expectations.

The video concludes with CPM Group’s short and long-term price expectations for gold and silver going forward.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *