Gold and silver both have their use cases in investors' portfolios depending on their needs, but for a short-term opportunity, silver might fit the bill.
Rising inflation is certainly producing a strong year for gold, translating in what could potentially be record-breaking average prices in 2022 for the precious metal.
Russia plays a crucial role with regard to palladium on a global scale, and the ongoing conflict with Ukraine is only putting increased strain on supply.
The gold market remains on track to end the year above $2,000 per ounce and rise to nearly $5,000 per ounce by the end of the decade, according to the latest “In Gold We Trust Report” from European investment firm Incrementum AG.