- From sprottmoney.com|Sep 26, 2023
For as long as anyone can remember, the most prominent driver of gold prices has not been inflation. That's only half the picture. The actual driver has been inflation-adjusted or "real" interest rates. At least it used to be that way. Suddenly, in early 2022, the correlation between real rates and gold prices broke down. And not just by a little. It broke ...
- From agmetalminer.com|19 hr ago
Month-over-month, the Precious Metals MMI (Monthly Metals Index) witnessed almost no movement and narrowly missed trading flat. Indeed, the index remained sideways, only dropping by a slight 0.11%. That said, the Fed’s stance on holding interest rates at an elevated level could impact precious metal prices in the near future. Interestingly enough, scrap ...