Expect the price of silver to fall in 2022, but gold to recover, here’s why – Jeff Christian


2022 will see silver and gold prices diverge again, with silver falling 2% while gold climbs in value, said CPM Group Managing Partner Jeff Christian.

“We think gold prices are likely to be stable or slightly higher, perhaps 2% higher on annual average next year, and silver prices could be 2% lower on annual average l ‘next year. We think investors will continue to buy large amounts of gold and relatively large amounts of silver, but not as much as they did in 2020 and 2021,” Christian told Kitco presenter David Lin. News.

For Christian’s outlook on the Fed’s monetary policy next year, watch the video above.

Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)

Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)

Warning: The opinions expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure the accuracy of the information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. This is not a solicitation to trade commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article accept no responsibility for loss and/or damage resulting from the use of this publication.

Source link


Comments are closed.