The precious metals waiting for comments from Fed Chairman Jerome Powell’s statement should be available Wednesday afternoon.
A Bloomberg survey estimates growing expectations of Fed tapering in the fourth quarter.
Gold investors wait for any signal from the Fed to resume buying and potentially attack the $1800.00 price level…
Silver in the second quarter of 2021
Low-interest rates and rising demand from a number of industries will stimulate prices.
For example, silver is required in the expansion of the 5G mobile communications network, silver is becoming increasingly important in electromobility.
Credit: Anna Golubova
JP Morgan estimates silver prices at $35.00 to $40.00 an ounce this year as demand and new applications continue to impact prices…!!!
This is a wonderful time to initiate positions in precious metals…!!!v
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