Record gold prices are in a ‘different world’ than silver and copper. Here’s why.

Date:

Share post:




Gold’s rise to fresh record highs this month has left both silver and copper in the dust, with the yellow metal rising to its own tune, buoyed by its use as a hedge against inflation and by central-bank purchases, but also offering hints on the prospects for the industrial metals.



Source link

Alexandra Williams
Alexandra Williams
Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Recent posts

Related articles

Olive Garden parent Darden’s Q1 earnings fall short after ‘significant’ drop in traffic in July

Darden Restaurants Inc.’s stock rose 6% premarket Thursday, after the parent to Olive Garden, LongHorn Steakhouse and...

Moody’s lifts outlook on four big regional banks to stable from negative

The debt outlook for Fifth Third Bancorp, First Citizens Bancshares Inc., Regions Financial Corp. and Huntington Bancshares...

This company’s performance is challenging the traditional definition of meme stocks

Meme stock chatter continues to swirl around Chewy Inc., but Dan Raju, the CEO of cloud-based financial-services...

Harris’s $25K for home buyers would lift prices, but her housing plan has advantages, economist says

Critics of Kamala Harris’s proposal to give $25,000 to first-time home buyers say it would boost demand...

This part of the Treasury market may move the most on a Fed interest-rate cut

Wednesday’s interest-rate decision from the Federal Reserve is shaping up to become one of the most exciting...

Cigna’s PBM Express Scripts sues the FTC, seeking retraction of drug-cost report

Cigna Group’s pharmacy benefit manager Express Scripts on Tuesday sued the U.S. Federal Trade Commission, alleging that...

Oil prices steady as traders monitor demand outlook, await Fed decision

Oil futures were trading on either side of unchanged Tuesday morning after gaining three of the past...

Silver has been outperforming gold this year — and may rise to its own record highs

Gold, with its rise to record highs this year, deserves attention — but so does its sister...