Swissinfo: Investors are chasing gold and silver, avoiding US assets.
With increasing potential investment demand, gold has expanded its gains to record highs during the Asian trading session. UBS Bank analyst Ipek Ozkardeskaya stated that investors are avoiding the US dollar and US government bonds. The rise in precious metals such as gold and silver is not just a short-term allocation issue. Trend followers are in control and the trend is very positive.
Latest
3 m ago