Metals in Motion
From active.williamblair.com
Precious and industrial metals have experienced volatility in recent weeks: gold has surged past $3,700 to reach a new all-time high, silver has climbed to $44 per ounce (its highest level since 2011), and platinum is trading at multiyear highs. Even copper has been trending higher, driven in part by U.S. tariff concerns. Drivers are declining interest rates, inflation concerns, geopolitical tensions (including tariffs), and supply chain disruptions—which may present opportunities for emerging markets EM debt investors. Precious Metals Rally on Rates, Dollar, and Demand Several catalysts are supporting precious ...
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