SILJ

Gold's weekly loss worst since December as geopolitical risk premium eases

Gold's weekly loss worst since December as geopolitical risk premium eases. Gold posted its first weekly loss in six, marking its worst week since early December. Front-month Comex gold for April delivery ended the week -2.6% lower. Fresh U.S. Inflation data reinforced the view that high interest rates are here to stay.

Here are UBS's top gold picks as stocks appear inexpensive amid wider rally

Gold stocks appear inexpensive and have abnormally lagged the gold price, UBS says. The stocks are trading on a P/E relative that is 40% below its norm. The investment bank calls on investors to continue to be overweight gold stocks. Gold miners have failed to match a blistering rally in gold recently.

Gold's sharp two-day correction overdue and healthy, analysts say

Gold futures extended their losses Tuesday in the largest two-day percentage decline since February last year. Gold's correction is long overdue and healthy, Saxo Bank's Ole Hansen says. Silver also has corrected sharply in sympathy with gold. J.P. Morgan forecasts gold prices ending 2024 averaging $2,500/oz.

Weekly Report: what happened at SILJ last week (0415-0419)?

Gold tallies fifth straight weekly rise with Middle East risks rising

Gold tallies fifth straight weekly rise with Middle East risks rising. Front-month Comex gold for April delivery closed up +1.8% for the week to $2,398.40/oz. Gold's 16% YTD rally driven by a combination of geopolitical risks related to the Middle East and Ukraine.

Buying To The Bottom In Gold & Silver With Don Durrett

Silver, outgaining gold YTD, set for second highest-ever market deficit in 2024 - report

SLV vs. SILJ: How Do These 2 Silver ETFs Compare?

IShares Silver Trust (SLV) tracks the price of silver bullion directly. The Amplify Junior Silver Miners ETF (SILJ) offers exposure to junior silver miners. ANZ reckon silver prices could rise to $31/oz or higher by the end of 2024.