How Precious Metals Maintain Strength Amid Risk-Off Sentiment
Gold and silver continue to hold elevated levels, with silver recently testing record highs above $64/oz, supported by industrial deficits and safe-haven flows.
Current factors:
Persistent supply shortfalls in silver from solar and EV demand.
Central bank gold purchases providing ongoing baseline support.
Negative real yields enhancing appeal versus fixed income.
Insight:
When risk assets pause, precious metals often decouple positively due to their dual monetary and industrial roles, absorbing capital seeking relative stability.
Takeaway:
This resilience highlights a diversified role for metals in portfolios, though short-term retracements tied to dollar strength remain possible.
Interested in thoughts on metal allocations during equity consolidations.
$PTB $FHE $BONK #folki
