Commodities Offer Another Option for Investors Amidst Turbulent Market Conditions
NEW YORK, June 16, 2022 /PRNewswire/ -- It's often said that interest rates have a significant impact on the prices of gold and silver. Generally, this would appear to be true. The theory behind the claim makes sense; for example, if interest rates were to increase, that would in turn make the appeal of bonds and savings accounts go up as well, and demand for physical assets go down. In reality, though, there is no real statistical evidence to show any consistency to that claim, mostly because there are numerous factors that also affect the price of these commodities. Reyna Silver Corp. (OTC: RSNVF) (TSX-V: RSLV), First Majestic Silver Corp. (NYSE: AG), Fortuna Silver Mines Inc. (NYSE: FSM), Hecla Mining Company (NYSE: HL), Coeur Mining, Inc. (NYSE: CDE).
- One of the reasons for this is that gold and silver markets largely operate on investors' expectations for the future.
- Now, as the inflation and supply problems affect the economy negatively, there is a need to hedge against the market with a safe haven asset.
- The results show zoning of Copper, Lead-Zinc, and Silver and are interpreted to indicate a CRD mineralization center at depth.
- FinancialBuzz.com does not offer any personal opinions, recommendations or bias commentary as we purely incorporate public market information along with financial and corporate news.