Why Relative Value is Key to Understanding Precious Metals
From cmegroup.com
A volatile start to the year for precious metals has reinforced an important lesson from the end of 2025: it’s no longer solely about gold. While the yellow metal has risen to over $4,500 an ounce – an 83% increase since January 2025 – its peers, silver, platinum and palladium, are no longer just following in its wake; they are beginning to significantly outshine it. Despite a recent correction, over the past 13 months, gold has been significantly outpaced: Platinum is up 127%, palladium over 86% and silver nearly 158% as of midday London time on February 5. So, what is fueling this significant demand for precious ...
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