In This Week's Market Update:
Gold prices continued their strong start to the year this week, with prices holding near USD $2,700 per troy ounce (oz).
Silver also remains well bid, currently trading just over USD $31
The price strength we are seeing in precious metal markets is being mimicked in risk assets, with equities rallying in the first two weeks of 2025, while Bitcoin has reclaimed the USD $100,000 mark.
Despite the strength in precious metal markets, and the multitude of factors that give the market such a positive outlook, sentiment remains muted, with investor allocations remaining at the lower end of historical ranges.
Gold’s performance relative to equities will be one the key dynamics to observe this year, with the relationship between these assets approaching a crucial point.
Keep stacking...
