In this presentation, CPM Group’s Jeffrey Christian discusses the recent price movements in precious metals markets, focusing on gold and silver, while also touching on other commodities including platinum, palladium, copper, and oil.
Jeff reviews the sharp price increases that occurred in precious metals markets as well as the drastic decline that followed. He discusses the reasons behind the rise and fall, and draws some historic parallels to further show how this is normal market activity.
He also discusses why oil prices have not risen in the face of the Iranian attack on Israel, pointing to oil supply side dynamics.
The presentation concludes with Jeff sharing CPM Group’s short and medium-term projections for gold and silver.
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.