The Federal Reserve has its second FOMC meeting of the year next week (March 14-15).
Silver investing has been much more profitable than investing in other metals.
The stock market has roared higher since the Trump tax cut plans were teased on Thursday, Feb. 9.
The big silver news of the day is that the metal is on track for a weekly rise of 2.6%.
The big gold investing news today is that prices are hovering at their highest level in three months.
The big silver investing news today is the metal’s tremendous performance last month.
The silver price has surged 23% over the last year mostly due to rising global demand for physical silver.
But one Asian country’s demand in particular will be responsible for silver’s continued rally in 2017.
The price of gold fell nearly 11% in November and December as traders turned bearish on the gold market.
But sentiment has staged a stunning turnaround recently
Gold has fallen 10.6% over the last two months thanks to the surging U.S. dollar.
This decline has investors wondering: are gold prices going up in 2017?
Gold prices are down 12% since November as they feel pressure from the U.S. dollar and slowing Indian demand.
But this hasn’t changed our bullish gold price predictions.