Powell’s Words Unsettle Markets For the second time this year, the U.S. Federal Reserve has lowered its key interest rate, although the decision was more cautious than expected. Despite persistently high inflation, the Fed sees growing risks in the labor [...]
Platinum – Awakened from its Sleeping Beauty Slumber Since the central bankers’ meeting in Jackson Hole on August 21st, the precious metals markets have exhibited impressive upward momentum. After a four-month consolidation, gold surged from USD 3,311 to a new [...]
Palladium - Manageable Remaining Risk Overall, precious metal prices have remained under pressure in the last two months. In the wake of the ECB's next interest rate hike (+0.25%) and persistent US inflation data, gold temporarily fell back to the [...]
