Fundamental silver price forecast for today
Open and add to the XAG/USD positions according to the Chinese GDP data
A small market has big shocks. During a recession, silver price trends usually follow those of gold, as the gold market is more stable amid the bigger scales. However, silver usually outperforms gold during the periods of the global GDP recovery. That was so during the previous crisis of 2007-2009. That is going to be now unless the global economic recovery trend is W-shaped.
Silver has two growth drivers, the investment demand and the industrial demand. Silver is widely used in…
Read full author’s opinion and review in blog of #LiteForex