Via AG Metal Miner 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 rising more steeply than palladium, which was the only outlier.
After dropping steadily since November of 2022, it currently shows signs of turning upward. But with recession fears building…Recession Fears Could Send Precious Metals Higher
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