Precious Metal Prices Surge as Investors Seek Safe-Haven Assets ...Middle East

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Precious Metal Prices Surge as Investors Seek Safe-Haven Assets
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The Global Precious Metals MMI (Monthly Metals Index) moved sideways, trending up by a slight 1.14%. Despite the sideways movement, precious metals prices have been anything but stale. The past two weeks have been dramatic for the precious metals market, as gold set new records, silver touched levels not seen since 2011 and palladium and platinum moved higher on supply concerns.  Graph prices are from Trading Economics: tradingeconomics.com Meanwhile, the U.S. Federal Reserve’s 25-basis-point rate cut at its September meeting, along…

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