Are Industrial Metals the New ‘Precious Metals’? | Presented by CME Group
November 6, 2024
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1:40Now PlayingAre Industrial Metals the New ‘Precious Metals’? | Presented by CME Group
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as posted by the channelThe postpandemic period offered a favorable environment to precious metals, particularly gold, as investors scrambled to avoid the impact of high inflation and ballooning public debt levels. However, the fortunes of industrial metals, particularly silver, now appear to be undergoing an updraft of their own, with the closely watched goldsilver ratio making a steady move back toward its historical average over the past two years. What’s driving the shift in the goldsilver relationship, and is it a sign of a change in the precious/industrial metal dichotomy? Presented by @cmegroup
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