Gold edged higher Tuesday, recouping some of the ground lost in the previous session as investors scaled back expectations about the pace of future interest-rate increases by the U.S. Federal Reserve.
Global demand for silver is expected to grow, according to a Canadian investment bank and financial services provider TD Securities. It has projected silver outperforming the sister metal gold next year.
Shares of Tahoe Resources (NYSE:TAHO) can't seem to find a bottom. The gold and silver mining stock tumbled 23.1% in August, according to data provided by S&P Global Market Intelligence, hitting multiyear lows.