Skip to main content

Gold continues to shine on rising inflationary pressures

Precious metals prices rallied over the past month, bolstered by a weaker US dollar and a lessening of fears over a slowdown in China. While gold benefited from the Fed’s dovishness in its latest meeting and rising inflationary pressures in the US, weak electronics demand saw silver underperform. Meanwhile, the prices of PGMs appear to have finally found a bottom and have started to rise on improved demand prospects.


Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.

By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.