Silver is set to outperform gold. Here's why
Michael Hsueh, a commodities and foreign exchange strategist at Deutsche Bank, told CNBC he expects silver to outperform gold.
Analysts at Citi also said in a note last month that the rebound in manufacturing activity is pushing silver prices higher compared to gold.Analysts at the bank said markets are pricing in the potential for more demand for silver, if Joe Biden wins the U.S. presidential elections and delivers his green infrastructure plan., commuter trains, buses and passenger vehicles will run on electricity or clean fuel, and clean light rail and bus systems will be developed.
He pointed to the use of silver in an increasing number of medical applications, as well as in electronic components for 5G telecommunications networks.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Miner Sells Super Rare Tanzanite Gemstone for $2 MillionHoward Ratners of the world, take note: A Tanzanian miner has sold an ultra-rara gem called Tanzanite for $2 million.\n
Weiterlesen »
U.S. Will Borrow Estimated $2 Trillion in Second Half of 2020, Treasury SaysThe U.S. expects to borrow an additional $2 trillion in the second half of the year as federal spending ramps up to combat the coronavirus pandemic, the Treasury Department said
Weiterlesen »
Disney's Theme Park and Cruise Line Division Lost Almost $2 Billion Last QuarterDisney's theme park and cruise line division lost almost $2 billion last quarter, with revenue falling 85% year-over-year.
Weiterlesen »
Gold in secret vault is traced to Hugo Chávez's former nurseAlleged purchase of gold bars with stolen funds by Venezuela's former treasurer is at the center of a criminal investigation into a network of shell companies and dodgy Swiss bankers that have helped turn the country into one of the world's most corrupt.
Weiterlesen »
Gold Makeup Tutorial with Blue Under-Eye LinerGold makeup is definitely one of the most versatile, classic and luxurious makeup looks, and when it's updated with a
Weiterlesen »
Gold in secret vault is traced to Hugo Chávez's former nurseMIAMI (AP) — It was 2014 and Venezuela's former treasurer Claudia Díaz was looking for a safe haven to store the unexplained wealth she had accumulated over the years. Then-president Hugo Chávez,...
Weiterlesen »