Gold And Silver Prices Slip Despite Soaring Inflation ...Middle East

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Gold And Silver Prices Slip Despite Soaring Inflation
source : OILPRICE ( Middle East ) () 10
The Automotive MMI (Monthly Metals Index) experienced a slight decline from May into June. The 30-day price change was roughly -9.55, a -6.52% drop. As with last month, multiple crises impacted the marketplace’s overall health. Among them are an ongoing microchip shortage and COVID-19 lockdowns. Below, we’ll discuss if and when we can expect normalization. Inflation Causing Precious Metals to Become a Bit Less “Precious” Gold, silver, platinum and palladium all experienced drops this month as U.S. Treasury yields soared…

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