🧵 1. Gold prices are on the rise with investors anticipating interest rate cuts, but analysts predict silver may surpass gold in the latter half of the year. Spot gold hit $2,178 per ounce, while silver reached $24.36 per ounce in London.
🧵 1. Gold prices are on the rise with investors anticipating interest rate cuts, but analysts predict silver may surpass gold in the latter half of the year. Spot gold hit $2,178 per ounce, while silver reached $24.36 per ounce in London.
🧵 2. Analysts highlight silver's potential surge if global growth picks up, emphasizing the metal's dual role as a precious and industrial asset in the market environment. Gold remains resilient amidst expectations of rate cuts.
🧵 Read more at: https://www.cnbc.com/2024/03/11/gold-vs-silver-prices-analysts-expect-xag-to-outperform-xau-in-2024.html