Investment in Gold, Silver And Platinum

Gold has performed its function as a portfolio diversifier admirably since our last update. In the face of the substantial volatility in equities and fixed income markets, earn interest on gold and silver steadily rose to within striking distance of the $1,300 level. As noted in our last report, for the early part of 2019 we are generally positive gold prices, which in addition to the prospect of tariff escalation, equity market declines, and a reversal in the stronger USD trend, may also benefit from seasonal uptick.

With the Fed signaling earlier this week that rate hikes may be slower than previously indicated the dollar has softened, in turn boosting gold research. Also this week rating agency Fitch warned that it may consider a downgrade to the US sovereign AAA rating if the government shutdown leads to hitting the debt ceiling. In light of the number of potential catalysts for further softening of the dollar, we see a re-test of the $1,350 level (last seen in April 2018) as viable in the coming months.

Investors can enhance their returns on precious metal investments by earning a yield in gold and silver market commentary  balances held in a Precious Yield account. Current buy gold and silver deposit yields are as high as 2% depending on term. We encourage readers to visit Precious Yield to learn how to generate higher returns on your physical precious metal investments.