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Silver an “Obvious Beneficiary” from Government Stimulus (GoldSeek)
- The best performing precious metal for the week was silver, up 5.97 percent, perhaps related to Goldman Sachs suggesting investors go long with the boost seen from a greater expansion of solar energy. Gold rose for a second straight day on Thursday on hopes that Congress will provide another round of stimulus for the economy. The yellow metal was then up 2 percent on Friday morning on a weaker U.S. dollar.
Frank Holmes
Mon, 10/12/2020 – 09:30