Silver prices tail off after hitting first record in four decades Markets Silver prices retreated on Tuesday after hitting their first all-time high in over 45 years, as supply fears and a short squeeze added momentum to a year-long rally spurred by investor fears over government debt levels and sticky inflation. On a historic day of trading, spot prices for the precious metal broke $53 an ounce [...]
UBS says buy gold miners Endevour, Barrick and Franco-Nevada Investing Gold prices hit a new high of $3,127 (£2,416) earlier today, taking gains over the past week to 3.2 per cent as investors flocked to the safe haven amid increasing concern about the economic risks of US president Donald Trump’s tariffs. However, analysts at UBS have argued that miners, not gold, are the better buy. [...]