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Gold and silver are used as an investment, currency, or simply a store of value. They are a precious metals, and they are used in manufacturing and construction. When it comes to commodities, silver correlates well with gold, which is another precious metal. The two go in hand in mining companies that mine both of them. These mining companies could be found in gold miner etfs such as GDX, GDXJ, JNUG, or NUGT. The inverse of these etfs are JDST and DUST. Heightened trade tensions has increased the value of metal commodities such as gold and silver.
This video is for educational, informational, and entertainment purposes. This is not a recommendation to buy, sell, or hold. This is a hypothetical use of Nforecast tool. You should not construe any data or information presented by Traders Graphics or Nforecast LLC as investment, tax, legal, financial or other advice.
