Precious Metal Prices Trade Sideways After Short-Lived Rally ...Middle East

Via Metal Miner The Global Precious Metals MMI (Monthly Metals Index) ended 2023 by breaking out of its sideways trend and rising 3.64%. However, most precious metals still lack strong bullish action. All precious metals retracted in January after experiencing rallies throughout December. Currently, precious metals prices, for the most part, lack the strength needed to break out their long-term sideways or downward trends. Precious Metals Prices: Palladium While palladium prices jumped in late Q4, the overall long-term downtrend quickly rejected…

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