Tag: precious metal prices

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 market.

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 […]

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 […]

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 Metals MMI: Precious Metal Prices Like Gold and Silver Could Reverse

Precious Metals MMI: Precious Metal Prices Like Gold and Silver Could Reverse gold bullions

Month-over-month, the Precious Metals MMI (Monthly Metals Index) witnessed almost no movement and narrowly missed trading flat. Indeed, the index remained sideways, only dropping by a slight 0.11%. That said, the Fed’s stance on holding interest rates at an elevated level could impact precious metal prices in the near future. Interestingly enough, scrap precious metal […]

Global Precious Metals MMI: Precious Metal Prices Drop Below Support Zones

Global Precious Metals MMI: Precious Metal Prices Drop Below Support Zones Rising silver prices concept. Investment in precious metals in the stock market

The Global Precious Metals MMI did not deviate far from its ongoing sideways trend. Indeed, since April, the index has continued to stay within a tight trading range without much movement up or down. Moreover, precious metal prices, including those for gold and silver, remain relatively high when looking at their respective price ranges over […]

Global Precious Metals MMI: Gold Hits Yearly Low

Global Precious Metals MMI: Gold Hits Yearly Low Global-Precious-Metals-MMI-September

The September Global Precious Metals MMI (Monthly Metals Index) moved sideways, dropping by just 1.8%. Despite the slight loss, month-over-month, gold prices hit lows not seen in around two years. MetalMiner’s FREE September webinar is tomorrow! Learn how to gauge metal prices and explore battery metal pricing. Sign up here! Gold Hits Yearly Low Amid […]

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