The Federal Reserve reiterated its view of a stronger economy, and the likelihood that interest rates would stay high. As expected, this announcement was followed by a strong selloff in financial markets including gold, silver, platinum, and palladium.
CPM Group’s Jeffrey Christian discusses what comes next for the economy and various financial markets. He goes into detail on the historical price movement for gold, silver, platinum, and palladium, as well as CPM Group’s expectations for the metals going forward.
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