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Since Silver and Gold are priced in $USD their price is influenced by the actions of the US government. One of those driving forces is the current US monetary p
by jussij 6y ago
Since Silver and Gold are priced in $USD their price is influenced by the actions of the US government. One of those driving forces is the current US monetary policies (i.e. an growing budget deficit).
Another factor is perceived risk. Since the markets are always worrying about the current US China trade talks, that uncertainty helps gold and silver as they are seen as safe havens.