As the year unfolds, the precious metals market has showcased impressive resilience, with both gold and silver prices experiencing notable rallies. However, despite these positive movements, Western investors have largely remained on the sidelines, exhibiting a notable reluctance to engage in this lucrative arena. The first half of 2023 saw considerable outflows from gold and silver exchange-traded funds (ETFs), and retail investors appeared to be staunch sellers, particularly as silver prices ventured above the psychologically significant $30 mark. But recent events in global markets, particularly the Nikkei’s dramatic plunge on Monday, have unexpectedly catalyzed a resurgence in interest towards these…
Economy / Finance
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