What’s going to happen to gold and silver throughout the rest of 2018? In the next eight months, the pair of precious metals – they’re inherently different by the way, with the exception that both have risen in value over recent years – is most likely to stay relatively true to its price from May 2018 through December 2018.
But what’s going to change the price of gold and silver? According to the pros at U.S. Money Reserve, 2018 will be chock-full of drivers behind the swings in price. Learn more about US Money Reserve: http://www.builtinaustin.com/company/us-money-reserve and https://www.instagram.com/usmoneyreserve/
Let’s check those out, and some price ranges that financial institutions have predicted for 2018’s treatment of gold and silver.
Trends that could change gold price
Whenever war or serious tensions go on for some time, the price of gold typically rises. So, if North Korea gets into a war – and I hope the country doesn’t – or Syria’s government and citizenry civil war any further, or if any other major conflicts happen, for that matter, gold should rise.
The dollar is low, which means that gold is high. The low price of the dollar isn’t going anywhere, meaning relatively good outlooks for the world’s most popular precious metal.
Silver should stay between $15.60 and $19.10 per ounce
Solar panels and computer technology are both incredibly, fiery-hot products, and both of them require silver. If production goes up for either one, or both, silver should go up, too.
The background of U.S. Money Reserve
In 2001, U.S. Reserve was founded by a handful of experts in both the precious metals and financial services industries, and has since grown into serving some 400,000-plus clients around the nation.
Readers may find that U.S. Money Reserve might ring a bill; its commercials are often perpetuated on MSNBC and other financial markets channels on television. Read more: US Money Reserve | Twitter and US Money Reserve | LinkedIn
Those who haven’t seen its commercials are likely to have at least read some of the company’s blog posts, which are crafted with the intent to help hopeful investors, retirees, and others simply interested in owning rare coins or pure, precious gold, silver, platinum, and sometimes other precious metals.
U.S. Reserve’s current leader is the 35th director of the United States Mint – the government agency that’s responsible for just about all things related to creating new coins and brand-new styles – Mr. Philip N. Diehl, who’s also an executive of the financial services sector, in general.