Interviews and Articles

Resilient In The Face Of Headwinds

CPM Group had expected precious metals prices to soften over the summer, and prices did soften, but the weakness was a lot tamer than expected particularly in gold and silver. Precious metal prices showed resilience in the face of traditional headwinds like rising bond yields which were at multi-year highs, a strong U.S. dollar,

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The Second Half

Gold, silver, platinum, palladium prices discussed. Forecasts for gold at $1,875, silver at $20. Platinum could fall to $900, palladium to $1,190 amid seasonal weakness and monetary policy tightening. Supply/demand risks remain.

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