Categories: General Market Commentary / Precious Metals
Topics: General Market Commentary / General Precious Metals

Silver goes first, gold goes second: 2018 outperformers

For the second year in a row, people -and commodity analysts such as those at TD Securities and the Bank of Montreal- are being bullish on silver. This is according to a survey conducted by precious metals retailer Kitco among the readers of its website.

Some 151 people, or 39% of the sample of 386 participants, chose silver as 2018’s most likely outperformer, with gold taking the second place with 27% of the votes, followed by copper with 25%, palladium with 5% and platinum with 4%.

“Despite the optimism, silver has underperformed within the sector, up 5% since the start of the year. Gold is up more than 12% since the start of the year,” journalist Anna Golubova writes in the survey report.

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