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What’s Driving Platinum and Palladium Prices?

From cmegroup.com

This massive jump was part of a broader precious metals rally that also included gold and silver. The rally appeared to be primarily driven by investors turning to assets that central banks cannot print or digitally create. Key factors driving this demand included persistent inflation exceeding targets, central bank interest rate cuts despite high inflation and large global budget deficits. Unique Drivers of Outperformances: While macroeconomic factors fueled the overall rally, platinum and palladium's outperformance suggests specific market dynamics were at play. The two metals may have been undervalued relative to ... (full story)

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  • Category: Fundamental Analysis