The Global Precious Metals MMI (Monthly Metals Index) traded sideways month-on-month. Overall, the index fell 2.75% as numerous components lost upward price momentum. All parts of the index moved sideways or fell slightly, except for Indian silver ingots and U.S. gold bullions. Though Fed’s hawkishness has managed to impact precious metal prices in the U.S, […]
Tag: Global Precious MMI
Precious Metals MMI: Precious Metal Prices Continue to Move Up
The Global Precious Metals MMI (Monthly Metals Index) moved up again month-over-month after a bounce between March and April. The index moved up a modest 3.63%. Every part of the index either trended upward or moved sideways with a slight upward slant. Meanwhile, there are still many factors affecting precious metal prices. Many investors see […]
Global Precious Metals MMI: Investors Trade Cash for Cold, Hard Gold
The Global Precious Metals MMI (Monthly Metals Index) enjoyed its largest month-over-month increase in a year. Between March and April, the index broke out of its tight sideways range and rose by 6.93%. The current talk of the town for precious metal prices today centers around recessionary fears. Indeed, investors are increasingly turning to precious […]
Global Precious Metals MMI: Prices Rally, Downturn Likely
The Global Precious Metals MMI (Monthly MetalMiner Index) traded upwards by 3% as precious metal prices advanced. Gold, silver, and palladium all began a rally coming into 2023. However, that rally has solid potential for both a short and long-term downturn. The surge in the index price was mainly due to silver and gold bullions […]
Global Precious Metal MMI: Long Term Price Directions Remain Uncertain
The Global Precious Metals MMI (Monthly MetalMiner Index) stayed within a sideways range this past month. However, precious metal prices did rise by a modest 1.13%. As the US dollar dropped in value over recent weeks, precious metal indexes responded accordingly. Month-over-month, gold, platinum, and palladium all saw a brief rally between Nov 3 – […]
Global Precious Metals MMI – Precious Metal Prices Break Through Short-Term Resistance
The November Global Precious Metals MMI (Monthly MetalMiner Index) dropped by 4.06% (between October 1 and November 1). However, between November 4 and November 10, silver, platinum, and gold prices shot up. Palladium prices also began rising during this period, but not quite to the extent of its three counterparts. Many believe the price surge […]
Global Precious MMI: Gold prices retrace after early-March surge
The Global Precious Monthly Metals Index (MMI) fell by 1.4% for this month’s index reading, as gold prices retraced after peaking in early March. The MetalMiner Insights platform features a full suite of precious metals prices. Gold, silver prices retrace After peaking in early March, gold prices have retraced. The U.S. gold bullion price jumped to […]
Global Precious MMI: Gold prices rise; COMEX suspends Russian gold, silver producers
The Global Precious Monthly Metals Index (MMI) rose by 2.9% for this month’s value, as gold prices picked up amid the ongoing Russia-Ukraine war. The March 2022 MMI report, featuring all 10 MMI indexes, will be available for download later today. Gold prices rise February proved a difficult month for stocks, as the S&P 500 fell […]
Global Precious MMI: Gold prices rise; Fed continues tapering
The Global Precious Monthly Metals Index (MMI) rose by 4.1% for this month’s reading. Stay up to date on MetalMiner with weekly updates – without the sales pitch. Sign up now. Gold prices make gains to close 2021 Gold prices picked up steam throughout the final month of 2021. The U.S. gold spot price opened December […]
Global Precious MMI: Gold prices dip to close November; markets await Fed meeting news
The Global Precious Monthly Metals Index (MMI) fell 4.7% for this month’s MMI value, as gold prices slipped to close November. MetalMiner has launched a full suite of precious metals as part of the MetalMiner Insights platform. Gold price ups and downs As MetalMiner Insights subscribers may have noted — the Insights platform now offers a suite of […]
