Tag: precious metals prices

Global Precious Metals MMI: Precious Metal Prices Moving Up, but for How Long?

Global Precious Metals MMI: Precious Metal Prices Moving Up, but for How Long? GOLD

Precious metal prices (especially silver) began a brief rally on July 12 before retreating again. Whether or not the bulls are here to stay is a question up for debate. Many remain optimistic that gold prices will continue upward until the end of 2023. However, gold and other precious metals markets still face some bearish […]

Global Precious Metals MMI: Prices Highly Volatile, Dropping Up and Down Rapidly

Global Precious Metals MMI: Prices Highly Volatile, Dropping Up and Down Rapidly adobestock_87933910

The Global Precious Metals MMI (Monthly MetalMiner Index) dropped considerably month-over-month. All in all, the index fell by 8.74%. The market continues to witness bearish pressure on precious metal prices today, just as it did throughout Q1 of 2023. While this led to a significant drop in value, some metals are feeling the effects more […]

Global Precious Metals MMI: Prices Shift Down, Markets Face Bearish Pressure

Global Precious Metals MMI: Prices Shift Down, Markets Face Bearish Pressure raw-gold-ingot-in-the-hands-2

The Global Precious Metals MMI (Monthly MetalMiner Index) moved sideways last month, inching down a mere 0.37%. Precious metal prices today are trending sideways in general. However, as a whole, the market appears more bearish than bullish in the short term. Gold, in particular, faces bearish pressure from investors due to its correlation with the […]

Global Precious Metal MMI: Long Term Price Directions Remain Uncertain

Global Precious Metal MMI: Long Term Price Directions Remain Uncertain Global-Precious-Metals-MMI-December

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 – Are High Interest Rates Causing Precious Metal Investment Risks?

Global Precious Metals MMI – Are High Interest Rates Causing Precious Metal Investment Risks? Global-Precious-Metals-MMI-October

October’s Global Precious Metals MMI (Monthly MetalMiner Index) traded sideways, falling slightly by 0.98%. The index held higher than other October MMI’s (a majority of which fell in price) due to high interest rates, recession fears, and slowing economic activity. Due to these the current economic climate, investors sought out precious metals for investment reasons […]

Global Precious Metals MMI: Precious Metals Go Sideways, But For How Long?

Global Precious Metals MMI: Precious Metals Go Sideways, But For How Long? Screen-Shot-2022-08-19-at-4.12.17-PM

The Global Precious Metals MMI (Monthly MetalMiner Index) fell a modest 0.10% this past month. As a whole, global precious metal prices continue to trade sideways. That said, there are still plenty of investors looking to turn paper currency into precious metals over fears of a recession. Indeed, this could prove to be the very […]

Global Precious Metals MMI Still Dropping

The Global Precious Metals MMI dropped by 3.77% from last month. Leading the trend were silver and platinum, which suffered the most significant drops. Both gold and silver prices appear poised for an additional price drop on the back of elevated interest rates, which are still rising at a higher-than-expected pace. Last month, the Precious […]

Global Precious Metals MMI: Palladium Leads the Precious Metals Bears

The Global Precious Metals MMI dropped by nearly 3% this month. Palladium dropped the most, though silver also looked comparatively weak. Gold Prices Trends: Bullish or Bearish? Gold has started to trade within a range formed by swing lows and highs. A break above either range will clear up the overall direction. Without a “big […]

UK Duties Applied to Russian Platinum and Palladium

The United Kingdom recently imposed a 35% duty on all platinum and palladium imports from Russia and Belarus. This move is part of a new package of sanctions on the two countries totaling £1.7 billion ($1.7 billion). The Department for International Trade (DIT) and HM Treasury made the announcement on May 9. Since Russia’s late […]

Global Precious Metals MMI: Silver Prices Lead Index Lower

The Global Precious Monthly Metals Index (MMI) fell by 0.9% for this month’s index reading, largely due to falling silver prices. Did you know that MetalMiner forecasts for several precious metals in the MetalMiner Insights platform? Rising interest rates tend to dampen investor sentiment toward precious metals. Gold and silver typically act as a store of value, […]

Scroll to Top