Platinum (PL) Price Live

As we enter 2017, a further weakness in platinum, gold and silver against the rising US dollar is forecast. Furthermore, the change of the Federal Reserve policy from infinite monetary easing to indirect helicopter money will ultimately raise both inflation and growth, but only through a decline in value of commodities and precious metals. Let’s focus on these three … Continue reading Stronger US Dollar & Fed policy Might Pull Precious Metals Into Recession in 2017

All the precious metals, with the exception of palladium and copper, seem to have had almost similar price action during the year 2016 which is only to be expected as the commodities get affected by the same factors that affect one another. So, we saw that gold, silver and platinum started the year low but … Continue reading Annual Metals Market Outlook – 2016

Gold is trading higher in reaction to the weaker U.S. Dollar as investors waited for clues as to the timing of the next Fed rate hike. Based on the CME FedWatch Indicator, investors have concluded that a September rate hike is nearly off the table with the chances sitting at 15 percent just a week … Continue reading Gold Fundamental Forecast – September 15, 2016

December Comex Gold futures rose nearly 1.0% on Wednesday, finishing at $1359.20, up $12.50 as weak productivity data weighed on the U.S. Dollar making dollar-denominated gold a more attractive investment. Precious metal September Comex Silver followed gold higher by posting a 2.82% increase at $20.41 while Industrial metal October Platinum finished at $1196.00, up $38.10 … Continue reading Gold Fundamental Forecast – August 11, 2016