Gold and silver continue to shine as they defy the volatility of the stock market, driven by concerns over tariffs implemented by the Trump administration. The prices of both precious metals have surged, with gold surpassing $3,260 per ounce and silver seeing a significant rise as well. Their impressive gains of 35% and 12% respectively over the past year stand in stark contrast to the stock indices. Amid fears of a potential global recession triggered by trade wars, these metals are deemed essential portfolio diversifiers.
Gold and silver have gained by an astounding 35% and 12% respectively over the past year, contrasting sharply with the mixed performance of stock markets.
Gold and silver are excellent portfolio diversifiers during this turbulent time, as a global trade war threatens to impact the economy significantly.
Investing in gold and silver is a strategic move as they provide a hedge against economic downturns, particularly with looming tariffs impacting global markets.
Despite recent price hikes, gold and silver remain appealing options for investors seeking stability during uncertain economic times.
Collection
[
|
...
]