Bullion News

Bullion News Review: April 17th 2022

 It has been a busy week for the metals as Silver starts to shine and Gold rallies


Silver Prices Rally Amid Hot Inflation Data and Ukraine Uncertainty

Silver prices surged higher for the fifth consecutive day following hotter inflation data than expected. Benchmark yields eased after the latest data was released. Hawkish Fed policy has been priced into the market, limiting the dollar’s gains.


Silver Will Now Begin To Surge Aggressively, Plus Gold And Stock Market Interventions

I get the same feeling now with silver as I had back in 2011 before the move to $50. And a friend said last week that silver gives him the same feeling now like he had back in the 70’s. It is looking good. Very good.


Russia cut its USD holdings prior to invading Ukraine, has enough gold and yuan despite sanctions, says country’s central bank

Russia’s central bank said it cut its holdings of U.S. dollars even further before invading Ukraine in February, adding that it has enough yuan and gold despite the impact of Western sanctions.



Gold Price Forecast: XAU/USD to inch towards $2,000 on sustained move above $1,960 – ANZ

Economists at ANZ Bank see gold continuing to be a good hedge against inflation. Prices are sitting in a neutral zone of $1,920-50/oz. A break above $1,960/oz would be a bullish signal.




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KJC Team

The Blog Team at KJC Coins Australia strives to bring you the latest happenings in the bullion market, new releases in numismatic and bullion products and in depth tips & tricks of the trade in a creative & easily digestible way. Keep up to date with us - we're only just getting started!
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