Three Other Things That Impacted Silver and Gold Prices Last Week
While most people are focused on Warsh’s Jackson Hole speech on Friday as a key factor that moved precious metal prices, there are three other things that are even more noteworthy when an investor is analyzing the price direction of gold and silver. We discuss those factors that went unnoticed due to the media buzz surrounding Fed Chair Warsh’s speech at Jackson Hole. The first factor is Deutsche Bank’s publication of an upward revision to its price target for bullion in 2026. The bank started the year with a forecast of gold climbing to $6,000 an ounce by the end…