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Unsurprisingly, 2024 has been marked by significant developments in the precious metals market, as both gold and silver have seen impressive breakouts. Beginning in March, gold surpassed the $2,000 mark—a level it has reached in previous years—but the breakout feels fundamentally different this time. According to market analyst Michael Oliver, the momentum behind this price movement signals a more sustainable rally and suggests the potential for continuing gold's long-term upward trend. On the other hand, Silver has experienced a similar breakout, surpassing the $25-$26 price range that had previously acted as a ceiling for years. Silver has now reached $35, though it has since pulled back slightly to around $31. Despite these pullbacks, Oliver highlights that the overall trend for both metals remains strongly bullish, with the continued upward movement providing confidence to investors seeking safe-haven assets during economic uncertainty.
We bring you the latest news, insights, and analysis on gold, silver, and copper. Our videos cover a wide range of topics, including gold price, gold prediction, gold price forecast, silver price, silver price prediction, copper price, market trends, investment strategies, and industry news.
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Credit: Soar Financially
Don't Sneeze, FED Won't Save You, GOLD TO EXPLODE | Michael Oliver
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