Commodities Analysis and Opinion
Can Gold, Silver Maintain Momentum?
2023.03.31 06:47
and have had a great month so far. With risk appetite improving noticeably in the last week or so, silver, which is more of a risk-sensitive commodity, has outperformed the yellow metal.
Both previous metals have been supported by falling interest rate expectations, a weakening US dollar, some safe-haven demand, as well as strong physical demand from China. All these factors are boosting the silver price outlook.