The Global Precious Metals MMI (Monthly Metals Index) rose by 6.18% month-over-month. The past 30 days have seen precious metals prices climb steadily, underscoring a volatile commodities environment for U.S. manufacturers and metal buyers. Gold remains near record highs, while silver, platinum and palladium each enjoyed strong rallies from mid-June to late July. These moves […]
Category: Precious Metals
Global Precious Metals MMI: Prices See Rally & Gold Close to New Highs
The Global Precious Metals MMI (Monthly Metals Index) saw a strong rally from mid-May to mid-June. Precious metals prices like gold, silver, platinum and palladium all climbed on a potent mix of safe-haven investment flows and robust industrial demand. Geopolitical tensions, notably the recent flare-up in the Middle East between Israel and Iran, have only […]
Global Precious Metals MMI: Gold Steals the Show Again with Brand New Record Highs
The Global Precious Metals MMI (Monthly Metals Index) rose month-over-month. Overall, the index saw a price increase of 5.11% as precious metals prices fluctuated and gold prices hit new record highs again. Palladium Remains Lackluster Palladium continues to put in an underwhelming performance. Its biggest demand driver, automotive catalytic converters, has softened as U.S. vehicle […]
Global Precious Metals MMI: Gold Steals the Show Again With New Record Highs
The Global Precious Metals MMI (Monthly Metals Index) moved sideways month-over-month, rising a slight 2.69%. Many precious metals prices saw dynamic shifts from February to March. Gold raced toward historic highs amid elevated tariff uncertainty and bets on the U.S. Federal Reserve policy easing. Meanwhile, silver also climbed to multi-month highs on safe-haven demand and […]
Global Precious Metals MMI: How Long Will the Gold Bull Train Last?
The Global Precious Metals MMI (Monthly Metals Index) experienced a significant rise month-over-month, shooting up 7.36%. The past month proved a whirlwind for the precious metal prices, with each metal reacting to shifting economic conditions and recent policy changes. Palladium: Market Uncertainty Takes Center Stage Palladium experienced a particularly volatile month. Prices initially climbed in […]
Global Precious Metals MMI: Prices Lose Steam After a Volatile 2024
The Global Precious Metals MMI (Monthly Metals Index) dropped month-over-month by 7.66%. Precious metals prices showed mixed trends over the past month, shaped by central bank decisions, geopolitical uncertainties and shifts in market demand. While gold and silver continued to rise, platinum and palladium encountered declining momentum. Precious Metals Prices: Palladium Palladium prices have faced […]
Global Precious Metals MMI: Precious Metals Prices Surge Pre-Election, Dip, Then Rebound
The Global Precious Metals MMI (Monthly Metals Index) witnessed considerable bullish sentiment once again. Month-over-month, the index rose 6.48%. After the election, precious metals prices quickly responded to the outcome and the expected policy directions of the new Trump administration. While the index had been rising in the prior two months, prices began to decline […]
Global Precious Metals MMI: Gold Once Again Hits Record Highs
The Global Precious Metals MMI (Monthly Metals Index) continued to make gains this past month, rising by 5.07%. Gold once again reached unprecedented highs, hitting $2,697 per ounce in October due to safe-haven demand spurred by economic concerns and U.S. election uncertainty. Other precious metals prices, like silver, also saw gains. Meanwhile, platinum began to […]
Global Precious Metals MMI: Precious Metal Prices Witness Bullish Momentum
The Global Precious Metals MMI (Monthly Metals Index) showed some bullish momentum month-over-month, rising by 3.74%. Except for platinum, all precious metals prices saw increases. This uptick in movement was mainly thanks to the anticipation of interest rate cuts. The USDX (U.S. Dollar Index) also weakened slightly month-over-month, which offered prices more bullish pressure. With […]
Global Precious Metals MMI: Gold Prices Continue to Fly High, but for How Long?
The Global Precious Metals MMI (Monthly Metals Index) narrowly missed trading flat, only budging down a mere 0.01%. Precious metals prices experienced an array of volatility in both directions, which held the overall index firmly in a sideways trend. Gold prices continue to rise while other precious metals like palladium and silver dropped (price trends […]
