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Precious Metals Prices Stagnate Amid Global Uncertainties

From oilprice.com

The Global Precious Metals MMI (Monthly Metals Index) maintained a sideways trend once again, this time moving up only 2.07%. That said, the overall future for precious metals prices brightened recently. For example, through October, gold increased around $150 per ounce. However, there were several variations in the prices of precious metals between October 1 and November 1. Numerous factors, including macroeconomic conditions, central bank policies, and geopolitical tensions, significantly impacted these variations. {chart} Unlike other precious metals prices, palladium dropped quickly once the conflict in the ... (full story)

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  • Category: Technical Analysis