28th March 2025

Silver in the spotlight: traded above $34 per ounce for the first time since October 2024

Silver is back in the spotlight as it traded above $34 per ounce again after gaining more than 40 percent over the past 12 months. This is the highest level since October 2024, and extends weekly gains to nearly 4 percent in the shadow of rising demand for safe-haven assets. The contribution of the Trump administration, which on Wednesday announced a 25 percent tariff on all imported cars and light trucks, is evident. Also supporting the price is the prospect of further interest rate cuts by the Federal Reserve.Source: Trading Economics

27th March 2025

Possible discovery of two new gold super deposits in China: reserves could exceed 1,000 tons

According to the South China Morning Post, if the accuracy of the newly discovered deposits in central and northeastern China is confirmed, it would make them one of the largest gold mines in the world; even capable of undermining the current leader among deposits, based in South Africa. China is the largest producer of gold on the planet, with more than 377 tons counted in 2024, but its proven gold reserves are lower than those of South Africa, Australia and Russia. Source: Investing.com

26th March 2025

What silver's strength in the first quarter indicates

Silver maintained a strong position in the first quarter of the year, rising 6.3 percent in March. This is a slight decline from the +10% achieved in February, but ensures the white metal a 13% gain in these early months of 2025. If the performance to date is indicative, it means that silver is set to surpass the +21% result achieved in 2024. With the all-time high of $50 per ounce inching ever closer, it appears that silver is just beginning to shine.
Source: Kitco News