Gold and silver investors have faced a relentless headwind of hawkish forward guidance from the US Federal Reserve for around six years.
A lacklustre performance by gold and silver prices this year, despite multiple ongoing geopolitical issues, has renewed questions about the relevance of precious metals as a major investment class.
Potential for cashless society
Investors brace after “unpredictable" war of words
'Silver prices more volatile than gold'
Clive Burstow, manager of the Baring Global Mining fund, explains how a multi-year supply/demand imbalance is creating value opportunities for investors in precious metals
The gold spot price hit a 33-month low today after positive US economic data strengthened the case for a tapering of quantitative easing, further eroding demand for safe havens.