Today’s top gold news and opinion

4/25/2024

Is silver the new gold? (IG)
The gold-silver ratio is predicting substantial growth in silver value

Gold’s Record-Setting Rally May Have Its Roots in Chinese Frenzy (BNN Bloomberg)
“We know from other commodity markets, that from time-to-time, Shanghai traders become the most dominant players. That’s never really been the case in gold, but I think now that this might have changed.”

Speculative froth departing gold as China tightens trading conditions (Metals Daily)
The SHFE further adjusted the daily price limit for gold and silver futures to 8%, while increasing the hedging trading margin requirement to 9% and the speculative trading margin requirement to 10%.