Inflation Jitters Drive Gold Prices Upward

Via Metal Miner The Global Precious Metals MMI (Monthly Metals Index) rose month-over-month. Overall, the index saw a price increase of 5.11% as precious metals prices fluctuated and gold prices hit new record highs again. Palladium Remains Lackluster Palladium continues to put in an underwhelming performance. Its biggest demand driver, automotive catalytic converters, has softened as U.S. vehicle production shows signs of slowing. At the same time, many automakers are switching from palladium to the now cheaper platinum. On the supply side, analysts…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com