Silver Gains 1.8% To $17.36 As Stocks Sell Off On Trade Wars, Argentina And Hong Kong Risks

August 13, 2019

* Major stock markets globally fell for a third straight day today



* Fears about a deepening and global trade war, protests in Hong Kong and a crash in Argentina’s peso currency led to safe haven demand for bonds, gold and silver



* Silver went above a 1 and half year high climbing 1.8% to $17.36 per ounce, its highest since January 2018 at $17.42



* Despite recent gains silver remains 65% below its record nominal high near $50/oz

Silver in USD – 3 Days

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Mark O'Byrne is executive and research director of www.GoldCore.com which he founded in 2003. GoldCore have become one of the leading gold brokers in the world and have over 4,000 clients in over 40 countries and with over $200 million in assets under management and storage.We offer mass affluent, HNW, UHNW and institutional investors including family offices, gold, silver, platinum and palladium bullion in London, Zurich, Singapore, Hong Kong, Dubai and Perth. 

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