-
Precious Metal Prices Like Gold and Silver Could Reverse
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 precious metal prices (namely gold) experienced a bit of a spike at the beginning of August. Precious metal prices also initiated a climb starting September 15, but ultimately flattened out again. This may have been due to the Fed’s coming meetings (which at the ... (full story)
- Comments
- Subscribe
-
- Older Stories
From think.ing.com|Sep 28, 2023Next week's Asia calendar features key central bank meetings in Australia and India. Meanwhile, Korea reports trade figures, China will release PMI, and we will also get a look at ...
From miningweekly.com|Sep 28, 2023If political turmoil and social unrest were the hot topics at Peru’s top mining event last year, this year it’s red tape. While community opposition continues to weigh on the ...
-
- Newer Stories
From nasdaq.com|Sep 28, 2023Two senior U.S. and Chinese diplomats met in Washington and held what the U.S. side described as "candid, in-depth, and constructive consultation," the latest in a series of ...
From kitco.com|Sep 28, 2023The gold market has room to fall further and even test support at $1,800 an ounce after falling below $1,900 for the first time since March; however, any short-term weakness does ...
From eastasiaforum.org|Sep 28, 2023Western nations and multinational corporations, severely impacted by Covid-19 restrictions and supply chain disruptions, are reevaluating their approaches toward China. While many ...
- Story Stats
- Posted: Sep 28, 2023 9:42pm
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 881
