Platinum

We cover U.S. Federal Reserve Chair Jerome Powell’s much-anticipated presentation. Read more here.

The answer to the question posed by the title of this article is “Undoubtedly.”

The World Gold Council (WGC)’s latest “Gold Demand Trends” report was published at the end of July and now that we’ve had a little time to digest the statistical data, we’ve drawn our own conclusions from it

Inflation pressures may actually surge higher and last longer than these central banks had been anticipating.

In an article published Christmas last year, I took a stab at precious metals price predictions for 2021. Here is the update.

A Wholesale Coins Direct Exclusive - Ed Moy Hand-signed Certification.

What the impact is likely to be on the gold price is a matter of some dissension among observers – most are either bullish on the gold price (some hugely bullish), or consider that things won’t change at all and the principal price driver will remain rising inflation and potential moves to control it.

This week’s FOMC meeting deliberations, outcome and analysis thereof is likely to set gold and silver’s short term price patterns.

Different researchers come up with conflicting supply-and-demand conclusions for platinum. 

The gold price rose by around 7% in May, after a couple of weak months had set the price back well behind earlier expectations.