It is inevitable that most markets will be impacted by the outcome of the talks at G20, making it even more difficult to predict the direction of prices.
But one market that is least likely to be impacted will probably be silver as it is considered both a precious metal (and therefore a safe haven asset), and an industrial material (simultaneously making it a risk asset). But with the dollar falling recently and yields ticking lower, the grey metal has been making steady but slow progress, unlike gold and Bitcoin.
But is it about to do what gold and Bitcoin have recently, and stage a sharp rally?
Anglo Pacific Group plc (LON:APF) has a 2.5% life of mine NSR royalty on the El Valle-Boinàs/Carlés gold, copper and silver mine owned by TSX-listed Orvana Minerals Corp.