Lates News

Julius Baer research analyst Carsten Menke stated that the rise in precious metal prices is far more than just the depreciation of the US dollar. He pointed out that this more reflects market concerns about the potential depreciation risk of the US dollar in Trump's domestic and foreign political games, rather than the current weakness. Although "depreciation trading" seems to be prevalent in the precious metal market again, this sentiment is almost absent in other larger markets (especially the bond market). The amount of funds needed to drive drastic fluctuations in gold and silver prices is actually relatively limited, so prices can be easily amplified by emotions and short-term fund flows. The institution maintains a bullish stance on gold but holds a neutral view on silver.