Category: Forex News

Will Silver Prices Outperform Gold In 2024?

By Published On: March 14, 20241.1 min readViews: 1840 Comments on Will Silver Prices Outperform Gold In 2024?

According to analysts at GSC Commodity Intelligence – Silver has a habit of lagging behind Gold for extended periods of time.

But once it gets going, it really gets going.

Come to my page!

Historically, Gold will shoot up first and then you will see Silver take off rapidly. And Silver always outperforms.

That’s exactly what we could see play out again!

Federal Reserve’s Influence: Silver’s Potential Surge Amid Interest Rate Cuts

One of the most recent examples is the pandemic era, which led the Federal Reserve cut interest rates to stimulate a faltering economy. As a result, over an 18-month period – Gold prices tallied up a 39% gain, rising above $2,000 an ounce. While, Silver skyrocketed above $30 an ounce – notching up a 147% increase.

If a long list of the world’s most powerful Wall Street banks are correct with their forecasts – then Silvers fortunes could be about to turn again in the second half of 2024, when the Federal Reserve is expected to start cutting interest rates.

Whichever way you look at it, one thing is clear. Silver is still relatively cheap compared with Gold and certainly has a lot of catching up to do. In my opinion, Silver is definitely the best trade right now and the one to watch heading into the second quarter of this year.


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