Today’s top gold news and opinion

5/20/2024

Hot commodity silver outpaces gold as buying gains momentum (Bloomberg)
“Even clients who are interested in buying gold are starting to say ‘well, maybe I’ll buy silver first, and wait for the ratio to sort of rebalance’”

Good, not great, news on inflation (FT)
China’s own gold allocation is still very low compared to other countries, and its “buying spree” suggests it may be intent on changing that.

Gold Is at Record Levels. Its Future Still Looks Bright. (Market Watch)
So why will gold keep rallying? Experts cite the combination of lower bond yields, a weaker U.S. dollar, and geopolitical concerns around the globe.

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