Short-term price drops in gold and silver are dips that should be bought

Short-term price drops in gold and silver are dips that should be bought

Nov 14, 2020

Nov 13, 2020

Nov 13, 2020 Peter Hug, global trading director of Kitco Metals, remains constructive on gold and silver long-term, and should the economy improve next year, silver could trade in the $40 range.
“On my macro perspective that gold is going to do extremely well in 2021, I think silver at $24 will look cheap when you look back at it. Is it possible that we’ll see silver drop to $20, $22, in that range on a pullback? Absolutely, in that context I would buy silver, on the caveat … (read more)
The Kitco News team speaks to analysts and experts on the frontlines of the market to get the most up-to-date news on the economy. The show offers a well-rounded, timely view on big market moves and any major headlines that may affect financial assets. Coined – no pun intended […]

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