Macroeconomic Backdrop Favors Higher Gold and Silver Prices
January 24, 2023 at 09:30 AM EST
Up about 8% for gold and roughly 2% for silver within the past month, both precious metals could continue to experience an uptrend in prices, especially given the current macroeconomic backdrop. A confluence of economic factors is making for this ideal climate for precious metals. The biggest one is a dollar that’s been losing its [...] The post Macroeconomic Backdrop Favors Higher Gold and Silver Prices appeared first on ETF Trends .