Perth Mint gold buying nearly doubles, hitting seven-month peak during price decline
Perth Mint gold and silver sales jumped in September as spot prices fell, pushing gold volumes to a seven-month peak.
Perth Mint gold and silver sales jumped in September as spot prices fell, pushing gold volumes to a seven-month peak.
Robert Kiyosaki calls himself a 'financial prepper' and urges holding gold, silver, and bitcoin as inflation hedges, despite prices lagging his targets.
Silver faces continued downside risk as US-Iran talks remain the key market focus.
Silver dropped to the $63 support level as surging real yields from strong US PMIs and rising oil prices weighed on the metal.
Silver stays supported as Iran offers to reopen Strait of Hormuz, easing oil prices and rate hike fears.
Silver surged over 7% after the Fed's dot plot showed only one more hike in 2026, less than markets had priced.
Silver rose 4.5% as yields fell and sellers failed to hold below the 50% retracement; the 100-day moving average near $66.75 is the next key resistance.