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Do not discount the old proven gold, yet
Notwithstanding the high levels of uncertainty in the global economy and the rise in geopolitical tensions, February was a lousy month for the precious metal market. For the past 4 weeks, gold prices dipped by as much as 5%, whereas silver, platinum, and palladium plunged by 11%, 5%, and 13% respectively.
Analysts highlight two main reasons for a weak performance: the fact that inflationary pressures have proven to be more persistent than expected and a fear of further rate hikes by the... Read More
Posted: Mar 6 2023, 09:42
Author Name: forexlive
Views: 111477
