Everything essential to understand about gold
Surging Precious Metals: A Closer Look
The dramatic increase in precious metals prices is both astonishing and unsettling. Since August 22—when Chair Powell delivered a notably dovish address at the Jackson Hole symposium, sparking what many call the “debasement trade”—gold has soared by 50 percent. There’s considerable debate about the underlying causes of this gold rally, so I’ve outlined four key observations that help explain the current trend.
Importantly, gold’s climb is just one part of a much broader movement. As illustrated in the chart below, all precious metals are experiencing significant gains, with silver and platinum outpacing gold’s performance. Meanwhile, we’re witnessing...
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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