Can Gold, Silver Maintain Momentum?

ng.investing.com/analysis/can-gold-silver-maintain-momentum-160898

By Fawad Razaqzada | Mar 31, 2023 12:24

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XAU/USD

-0.19%

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XAG/USD

-0.23%

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Gold

-0.38%

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Silver

-0.36%

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Gold and silver have had a great month so far. With risk appetite improving noticeably in the last week or so, silver, which is more of a risk-sensitive commodity, has outperformed the yellow metal.

Both previous metals have been supported by falling interest rate expectations, a weakening US dollar, some safe-haven demand, as well as strong physical demand from China. All these factors are boosting the silver price outlook.

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Crude oil extended its fall in the early trading session today as broader market concerns have weighed on the complex, while a stronger dollar has also added further pressure....

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Central Banks

Interest Rates

Next Meeting

CBN

27.50%

Jan 28, 2025

BOE

4.75%

Feb 06, 2025

ECB

3.15%

Jan 30, 2025

FED

4.50%

Jan 29, 2025

SNB

0.50%

Mar 20, 2025

RBA

4.35%

Feb 18, 2025

BOC

3.25%

Jan 29, 2025

RBNZ

4.25%

Feb 19, 2025

BOJ

0.25%

Jan 24, 2025

CBR

21.00%

Feb 14, 2025

RBI

6.50%

Feb 07, 2025

PBOC

3.10%

BCB

12.25%

Jan 29, 2025

NSE 30	3,783.62	+29.83	+0.79%
NSE All Share	102,186.03	+829.88	+0.82%
US 30	43,215.5	-110.3	-0.25%
US 500	6,018.2	-19.4	-0.32%
FTSE 100	8,129.25	-7.74	-0.10%
DAX	19,855.27	+6.50	+0.03%
South Africa Top 40	76,182.79	-138.20	-0.18%

Brent Oil	73.02	+0.17	+0.23%
Crude Oil WTI	69.86	+0.24	+0.34%
Gold	2,643.86	-10.04	-0.38%
Silver	30.280	-0.109	-0.36%
Copper	4.1132	-0.0143	-0.35%
London Cocoa	9,105.00	0.00	0.00%
London Wheat	176.25	-0.60	-0.34%

Nigeria 10Y	21.749	0.000	0.00%
Nigeria 2Y	25.216	0.000	0.00%
U.K. 10Y	4.6685	+0.0695	+1.51%
Germany 10Y	2.3565	+0.0315	+1.35%
U.S. 10Y	4.601	+0.024	+0.52%
U.S. 5Y	4.445	+0.012	+0.27%
U.S. 2Y	4.332	0.000	0.00%

Fidelitybk	17.500	+0.850	+5.11%
Zenith Bank	46.00	0.00	0.00%
UBA	36.00	+1.00	+2.86%
FBN Holdings	27.90	+0.75	+2.76%
Guaranty Trust Holding	57.95	-0.80	-1.36%
Sterling Bank	5.850	+0.350	+6.36%
Dangote Cement	478.80	0.00	0.00%

Can Gold, Silver Maintain Momentum?

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