Skip to content
(Bloomberg) -- Silver is hitting its sweet spot. While viewed as a haven from market turmoil -- just like pricier sister gold -- silver also has wide industrial uses in products like solar panels and electronics. That means the metal’s drawing both investors worried about rising virus cases and those focused on rosier indicators, from optimism over China’s recovery and promising vaccine news, to the landmark stimulus package clinched by Europe’s leaders.Read more about what’s moving global markets todaySpot silver powered through $20 an ounce Tuesday and is trading near a four-year high. The cheaper metal has outpaced gold’s own gains this month, and holdings in silver-backed exchange-traded funds have increased for 12 straight weeks to a record.“Silver is now leading the charge,” said Stephen Innes, chief market strategist at AxiCorp Ltd. The metal is following the same trajectory as during the global financial crisis, he said. Back then, prices dropped...
Gold prices will push towards record highs over the next 18 months as the coronavirus crisis encourages investors to hoard the metal as a hedge against possible turmoil in the wider markets, a Reuters poll showed. Spot gold is one of this year's best performing assets, with prices up almost 20% and above $1,800 an ounce for the first time since 2011....
Every investor in Roku, Inc. (NASDAQ:ROKU) should be aware of the most powerful shareholder groups. Large companies......
Top news and what to watch in the markets on Tuesday, July 21, 2020....
It looks like Pembina Pipeline Corporation (TSE:PPL) is about to go ex-dividend in the next day or two. Ex-dividend......
