- After a relatively quiet start to the year, the platinum market is attracting new attention, with prices once again pushing back above $1,000 an ounce. Analysts warn that growing supply and solid demand will continue to increase the precious metal’s growing deficit.
- Financial markets are about to witness one of the most epic migrations of capital in history as investors rush into hard assets.'Dramatic' re-pricing across all financial assets coming as the Fed moves away from its 2% inflation target to this - Larry McDonaldThe latest Kitco News Weekly Gold Survey sees industry experts showing renewed optimism about the precious metal, while only half of retail traders believe gold prices can appreciate next week.
There is growing speculation that Chinese investors will be able to access crypto ETFs in Hong Kong amid a collapsing real estate market as a way to mitigate social unrest. - The gold market is holding onto solid ahead of the weekend as U.S. consumers worry about the health of the economy and stubbornly elevated inflation pressures.Friday, the University of Michigan said the preliminary reading of its Consumer Sentiment Index fell to 67.4 from April’s reading of 77.2.