Tag Archives: Precious metals
Surge in Precious Metal Demand Boost Platinum to Six-Month High
Precious Metal Demand Surges, Boosting Platinum to Six-Month High In recent market movements, platinum futures have surged to impressive levels, breaking the $950 barrier and attaining near six-month highs. This upswing is attributed to a combination of factors, including a weaker dollar and optimistic economic outlook. In this article, we delve into the dynamics influencing […]
Strategic Hedging Fuels Surge in Precious Metals Trading
Gold Surges Past $2,000 Driven by Geopolitical Tensions Israeli forces have begun their largest ground attack in Gaza so far in the war with Hamas, despite ongoing diplomatic efforts to delay an expected full ground invasion. Fueled by hedge buying, Gold raised above $2,000 an ounce and marked the third straight weekly gain. Gold is […]
