Gold and Silver rally on geopolitical tensions – ING
Gold surged above $4,455/oz and Silver topped $77/oz as geopolitical risk in Venezuela and macro uncertainty drove safe-haven demand.

Gold surged above $4,455/oz and Silver topped $77/oz as geopolitical risk in Venezuela and macro uncertainty drove safe-haven demand. Central bank purchases and expectations of easier monetary policy are underpinning Gold, while Silver benefits from both industrial demand and safe-haven appeal, ING's commodity experts Ewa Manthey and Warren Patterson note.

Central bank buying supports Gold amid policy uncertainty

"Gold and Silver continue to move higher as geopolitical risk and macro uncertainty boost demand for safe havens. A fresh focus on Venezuela following the US arrest of Maduro has added to the bid for precious metals, which is likely to persist until the situation stabilizes or policy clarity emerges."

"Gold climbed more than 2.5% to trade above $4,455/oz while Silver was up more than 5% in Monday’s trading above $77/oz."

"At the same time, continued central bank buying and expectations of easier monetary policy later this year are underpinning Gold. Silver is benefitting from both its safe haven appeal and resilient industrial demand linked to electrification and solar."

FXStreet
Trade The World
Oltre un milione di utenti si affida a FXStreet per dati di mercato in tempo reale, strumenti di charting, approfondimenti di esperti e notizie Forex. Il loro calendario economico completo e i webinar formativi aiutano i trader a rimanere informati e a prendere decisioni ponderate. FXStreet conta circa 60 professionisti tra la sede di Barcellona e diverse regioni globali.
Read More

LIVE QUOTES

Name / Symbol
Chart
% Change / Price
XAUUSD
1 D change
+0%
0
XAGUSD
1 D change
+0%
0
XPTUSD
1 D change
+0%
0

ALL ABOUT GOLD

Esplora Altri Strumenti
Accademia di Trading
Sfoglia una vasta gamma di articoli educativi che coprono strategie di trading, approfondimenti di mercato e fondamentali finanziari, tutto in un unico posto.
Scopri di più
Corsi
Esplora corsi di trading strutturati progettati per supportare la tua crescita in ogni fase del tuo percorso di trading.
Scopri di più
Webinar
Partecipa a webinar live e on-demand per ottenere approfondimenti di mercato in tempo reale e strategie di trading da esperti del settore.
Scopri di più