Owing to a stronger U.S. dollar, buck-denominated precious metals have fallen out of favor again. Both gold and silver currently find themselves in the red for the month of September with just a couple of trading days to go.
In the previous sections of this edition of the Market Overview, we presented the demand and supply outlook for platinum and palladium. In that part, we would like to analyze the potential benefits of adding these precious metals into the investment portfolio.
Yesterday’s session was not like the previous ones – in the previous days, the precious metals sector moved lower together and mining stocks were leading the way. Yesterday, gold and silver declined, but miners were barely affected. Does this strength indicate a likely turnaround?