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Jeff Christian – “Why Investors Are Rushing to Gold and Silver” (Video)

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Jeff Christian – “Why Investors Are Rushing to Gold and Silver” (Video)

 

 

 

 

 

Jeffrey Christian of CPM Group discusses the remarkable surge in precious metal prices, particularly gold, which reached new record highs. He highlights the consistent rise in gold prices over the last few trading days and throughout March, focusing on the increase to both long-term and short-term investors entering the market. He also touches on the economic backdrop against which these price movements are happening, noting strong GDP growth in several countries.

 

Jeff also discusses investment demand, and why investors are purchasing at a time of relative economic strength. Some of the reasons for the increased demand include risk aversion given the current political and economic uncertainties, as well as speculation of higher gold and silver prices.

 

He concludes by discussing what type of investors are purchasing gold and silver, as well as well as the forms of the precious metals they are purchasing.

 

Courtesy of the CPM Group

Posted April 3, 2024

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