Rising demand, lower interest rates, and technical factors may trigger a strong rally in silver markets in 2024.
Silver was range-bound in 2023 as rising yields and fluctuations in gold/silver ratio hurt market sentiment.
The beginning of the rate cut cycle in 2024 may trigger a rally in precious metals and push silver to new highs.
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SPOT : The spot price reflects Gold, Platinum, or Silver’s paper market value, but the real cost of bullion is higher due to dealer premiums, minting, shipping, and market demand.
SPOT PRICE :
- Gold
AUD $
- Platinum
AUD $
- Silver
AUD $
PHYSICAL : The actual price of physical Gold, Platinum, or Silver is always higher than the paper spot price. This is because the spot price represents the paper or electronic market value, not the physical metal in your hand.
PHYSICAL PRICE :
- Gold
AUD $
- Platinum
AUD $
- Silver
AUD $
