Today’s top gold news and opinion

2/07/2024

Silver set for a ‘terrific year’ and could outperform gold to hit a 10-year high (CNBC)
Global silver demand is forecast to reach 1.2 billion ounces in 2024, which would mark the second-highest level on record…

Gold and silver turn defensive on reduced Fed rate-cut optimism (Saxo)
During the past week, the short-term rates market has gone from pricing in more than six 25 basis points US rate cuts this year to less than five.

Correlation Breakdown x 3 in Gold (Bullion Vault)
Over the 20 years to 2023, gold prices rose in 14 Januarys