Any short covering to provide another opportunity for silver to fare better than gold – ANZ

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

Any short covering to provide another opportunity for silver to fare better than gold – ANZ Silver Gold XAUUSD XAGUSD Banks

“Physical demand for silver is picking up, as the major consuming markets in India and China import more. Industrial demand for silver is holding up well from the solar sector, while jewellery demand is also gaining attention. That said, silver largely tracks“Its outperformance against gold could be possible as short positions in silver look stretched. So, any short covering could provide another opportunity for silver to fare better than gold.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ana de Armas sparkles in sequins at Hollywood ‘Blonde’ premiereThe actress once again chose one of Marilyn Monroe’s signature styles, this time completely covered with silver sequins.
Source: PageSix - 🏆 320. / 59 Read more »

YMCA’s esports program hopes to provide opportunities for young gamersThe YMCA of Greater San Antonio is growing its presence in the world of esports.
Source: ksatnews - 🏆 442. / 53 Read more »

Florida flies 'illegal immigrants' to Martha's VineyardMassachusetts’ Gov. Charlie Baker, a Republican, said he was in touch with local officials and that short-term shelter was being provided.
Source: 10News - 🏆 732. / 50 Read more »