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Metals Weekly Round-Up: Weak US Dollar Pushes Gold Higher

The rest of the precious metals also climbed higher over the five day period; however, palladium was unable to sustain its US$2,200 level throughout the week. After starting the week at US$1,832 an ounce, the gold price rallied strongly, climbing as high as US$1,893.20 by Thursday (December 17). An uptick in value for the US dollar weighed the yellow metal down on Friday (December 18), pulling it further away from the US$1,900 threshold. The rest of the precious metals also climbed higher over the five day period; however, palladium was unable to sustain the US$2,200 per ounce level, slipping below the mark twice before rising back.

Peter Krauth, Gwen Preston: Silver s Perfect Setup, How to Jump In

“(Silver) has a place in everybody’s portfolio,” said Peter Krauth, whose new silver-focused newsletter will launch in January. With the setup for silver looking positive heading into 2021, Peter Krauth and Gwen Preston are teaming up to start a silver-focused newsletter in the new year. Ahead of the launch, Krauth and Preston spoke to the Investing News Network about what makes silver so compelling and what options investors have for entering this exciting market. “Look at everything, but certainly look very closely at silver. It has a place in everybody’s portfolio,” said Krauth. He’ll be taking the lead on Silver Stock Investor, which will be under the Resource Maven banner.

Silver is Back! :: The Market Oracle ::

Silver is Back! :: The Market Oracle ::
marketoracle.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketoracle.co.uk Daily Mail and Mail on Sunday newspapers.

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