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Supply and Demand: The Dollar vs. Precious Metals

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The pandemic has brought tremendous change to the world, including to the supply and demand equation for the dollar and precious metals. As savvy investors know, supply and demand can be a significant factor in price. Watch the video to see what’s changed for the dollar and gold and silver and how it’s impacting prices for them now and, possibly, in the months to come. Watch now.

If you have questions about what’s discussed in the video, give us a call to speak with one of the precious metals advisors at Scottsdale Bullion & Coin. Simply call 888-812-9892. We’re happy to answer any questions you may have during these difficult times.

Supply and Demand: The Dollar vs. Precious Metals (Gold & Silver)

Demand for physical gold and silver has jumped since the start of the pandemic, but, unlike fiat currency, the supply of these precious metals is finite. Moreover, their supply could be especially constricted this year and next due to COVID-19-related mine closures. Meanwhile, the government’s printed trillions of dollars, and more stimulus could be on the way. This could introduce inflation into the price equation for many goods, including precious metals. How could these factors impact gold prices and silver prices? Watch the video to find out.