Gold and silver forecast as the Ukrainian invasion rages on
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Short-term Gold and Silver prices will be most heavily influenced by the Russian Invasion and who will be willing to trade with them, while longer-term movement will focus on Global Markets and how the invasion ends.
CPM Group's Jeffrey Christian gives a brief update of what we have seen out of Gold and Silver Markets over the past few weeks. He discusses how prices have peaked and ebbed as markets have gone from expecting a short conflict to a more prolonged one. He continues the conversation by discussing what might be expected in the longer-term, pointing out issues including the global market, Russian economy, stock market, and whether they will decide to sell their gold. He concludes by providing a sneak peak of CPM Group's newest Gold Investment Demand and Prices chart from the upcoming 2022 Gold Yearbook to be released with an online briefing 6 April.