Gold 
“Silver prices moved sideways during May, staying mostly between $32.00 and $33.75. Prices spiked higher on 2 June, driven in part by Trump doubling tariffs to 50% on steel and aluminum imports and an escalation in tensions between Russia and Ukraine.
Silver prices rose to an intraday high of $34.95 on 2 June before backing down slightly. There has been a lot of resistance for silver prices near the $35 level. There are fundamental reasons to help silver prices rise in the medium term, however. Many of the political and economic concerns – including a potential recession – are likely to come to fruition over the next several quarters.”
The full Precious Metals Advisory report is available directly from CPM Group. For more information, visit their website, www.cpmgroup.com
*This information is solely an excerpt of a third-party publication and is incomplete. Please subscribe to the referenced publication for the full article. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.
