silver News & Analysis
2 articles
Market Mood
Vizsla Silver Corp. (VZLA) Analyst Comments on Market Timing
Jim Cramer discussed Vizsla Silver Corp. (VZLA) in the context of the recent AI data center rally. He advised against being bullish on VZLA, stating that it may be late to invest in silver stocks. Instead, he suggested looking at Agnico Eagle for long-term ownership. Cramer's comments highlight the perception of risk associated with VZLA and the broader market's volatility.
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Gold Prices Fall 22% From January Highs Amid Strong Dollar and Yields
Gold prices declined 1% to $4,335.97 per ounce as of Tuesday, deepening the metal's bear market. This marks a 22% drop from the record high of $5,594.82 per ounce at the end of January 2023. The recent sell-off was driven by a 0.5% strengthening of the dollar index and elevated U.S. Treasury yields, with 10-year Treasury yields rising to 4.384%. Spot silver also decreased by more than 3% to $66.93 per ounce. Investors are adjusting their positions amid shifting expectations for U.S. monetary policy due to persistent inflation, which reduces the likelihood of aggressive Federal Reserve rate cuts.
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