Inflation fears push gold & silver to three-month highs ...News

Gold and silver prices have jumped to their highest levels in over three months as the latest dip in US Treasury yields and concerns about growing Covid-19 cases in Asia continue boosting demand for the safe-haven assets. “It seems inflation fears are finally translating into higher precious-metals prices, and ETF [exchange-traded fund] investors are starting to swing into net buyers again,” John Feeney, business development manager at Sydney-based bullion dealer Guardian Gold Australia told Bloomberg. Spot gold was trading at around $1,860 an ounce on Wednesday, after hitting $1,875 earlier in the week – the highest price seen since l

Hence then, the article about inflation fears push gold silver to three month highs was published today ( Wednesday 19/05/2021 - 01:51 PM ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Inflation fears push gold & silver to three-month highs )

Also on site :

• Trump says Pam Bondi, a loyalist who oversaw Justice Department upheaval, is out as attorney general
• Ford and Toyota issue major South African car recall
• Target's 'Fabulous' Rattan Sideboard Cabinet Is Nearly 70% Off, and It's So 'Easy to Assemble'