Gold has taken a back seat to the white metals, and a hawkish turn from the Fed won’t help it in the near term, while silver and platinum are enjoying increased inflows from investors, according to precious metals analysts at Heraeus. In their latest precious metals update, the analysts noted that while the Fed held steady, the hawkish faction appears to be growing. “In last week’s meeting of the Federal Open Market Committee (FOMC), US baseline interest rates were held firm at 4.5%, which was in line with expectations,” they wrote. “What is beginning to change, however, is the outlook for the rest of the year. Two ... (full story)