Category: Precious Metals

Global Precious Metals MMI: Gold Sees a Strong Rally

Global Precious Metals MMI: Gold Sees a Strong Rally Platinum bars or ingots background. Precious metals.

Once again, the Global Precious Metals MMI (Monthly Metals Index) failed to exhibit strong bearish or bullish pressure. The index remained sideways throughout February, budging down a mere 0.65%. Despite this, some bullish pressure did seep into precious metal prices at the beginning of March, when numerous precious metals began to rally. Gold prices, in […]

Global Precious Metals MMI: Precious Metal Prices Edge Further Down Month-on-Month

Global Precious Metals MMI: Precious Metal Prices Edge Further Down Month-on-Month Precious metals and investments

After almost a year of sideways movement, the Global Precious Metals MMI (Monthly Metals Index) broke its trend, declining by 4.71%. Despite the break in sideways movement for precious metal prices as a whole, most individual commodities still lack strong bullish or bearish movement as they move through Q1. Most gold and other precious metals […]

Global Precious Metals MMI: Index Rises, But Long-Term Forecasts Remain Bearish

Global Precious Metals MMI: Index Rises, But Long-Term Forecasts Remain Bearish

The Global Precious Metals MMI (Monthly Metals Index) ended 2023 by breaking out of its sideways trend and rising 3.64%. However, most precious metals still lack strong bullish action. All precious metals retracted in January after experiencing rallies throughout December. Currently, precious metals prices, for the most part, lack the strength needed to break out […]

November Rally: Multiple Precious Metal Prices Soared, But Silver Stole the Show

November Rally: Multiple Precious Metal Prices Soared, But Silver Stole the Show Silver Ingots

This month, both stock indices and precious metal prices saw consistent gains week over week as conflict continues to unfold in the Middle East and Europe. With prices for Yields falling a little over 3%, reaching their lowest levels in two months, price action for stock indices recently drove markets above 7% in response to […]

Global Precious Metals MMI: Precious Metals Prices Remain Mostly Sideways Amid Conflicting Factors

Global Precious Metals MMI: Precious Metals Prices Remain Mostly Sideways Amid Conflicting Factors gold bullions, silver coins and bills

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 […]

Gold Prices Hover Near Psychological Range of U.S. $2,000

Gold Prices Hover Near Psychological Range of U.S. $2,000

For decades, gold has remained the best-performing asset class, providing double-digit returns for investors. True to form, gold demand this quarter remains above the long-term average as precious metal prices continue to move in response to global events. According to the World Gold Council (WGC), gold buying by central banks also continues at a scorching […]

Precious Metal Prices: Gold, Silver Remain Safe Haven Assets Amid Global Uncertainty

Precious Metal Prices: Gold, Silver Remain Safe Haven Assets Amid Global Uncertainty precious metals prices

This week, precious metals once again served as safe-haven assets for investors and market participants. That said, some precious metal prices, including platinum, continued to slide due to bearish pressure followed by falling demand. While the world continues to monitor the conflict in the Middle East, metals such as gold and silver have seen an […]

Global Precious Metals MMI: Precious Metal Prices Rise Amid Hamas/Israel War

Global Precious Metals MMI: Precious Metal Prices Rise Amid Hamas/Israel War Gold and the US Dollar Index.

Last month, the Global Precious Metals MMI (Monthly MetalMiner Index) finally broke its sideways trend, dropping 3.15%. However, after the Hamas attack on Israel, both gold and silver prices reacted strongly with dramatic increases. Furthermore, surge affected both spot precious metal prices and 3-month futures. This proved a result of investors running to these two […]

Investors Seek Safe Haven Assets Amidst Geopolitical Conflict

Investors Seek Safe Haven Assets Amidst Geopolitical Conflict

Precious metals like gold and silver are often seen as a safe haven asset during times of economic uncertainty. In recent weeks, we have witnessed a significant increase in the number of global conflicts, imposing high uncertainty and risk among markets for investors. Still, the jury is still out on how this will affect precious […]

Precious Metal Prices Losing Steam After Fed Announces Intent to Keep Interest Rates Elevated

Precious Metal Prices Losing Steam After Fed Announces Intent to Keep Interest Rates Elevated oil and precious metal prices. Market outlook

In recent weeks, leading up to the end of the month, indices like the S&P500 and metals like silver and gold began to run out of steam. The impetus for the decline in stock and precious metal prices was recent Fed comments regarding higher interest rates in the foreseeable future. Meanwhile, other indexes such as […]

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