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After the gold price surpassed 3,000 dollars, the "heavy" Silver began to receive more favor.
① The threat of USA tariffs and the complex geopolitical situation have led to an increase in safe-haven demand, resulting in Gold prices exceeding $3,000; ② Analysts point out that Silver has a greater potential for increase than Gold, as data shows that Silver Futures on the Cboe have risen over 16% this year, surpassing Gold; ③ Silver is currently undervalued compared to Gold, and due to its strong industrial properties and the possibility of shortages, its price is expected to rise strongly this year.
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ANZ Bank significantly raised its Gold price expectations: the target for the next three months is set at $3,100 per ounce, while the six-month expectation reaches $3,200.
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