Gold, Silver Rally On Safe-haven Demand

Above, Canadian silver maple leaf coins. Photo by Armand Vaquer.

For those who are investors in gold and silver, the Tuesday rally for both is good news.

Kitco News reported:

(Kitco News) - Gold and silver prices are solidly higher in midday U.S. trading Tuesday, on safe-haven demand amid wobbly U.S. equities after the steep U.S. stock market sell off Monday. Uncertainty regarding U.S. President Trump’s policy actions in the coming days/weeks is also prompting risk aversion in the marketplace that is benefiting the precious metals. Gold is scoring gains today despite a higher U.S. dollar index and a rise in U.S. Treasury yields on this day. February gold was last up $28.50 at $2,767.00. March silver was up $0.466 at $30.875.

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