These commodity price increases since march must make a big positive difference to the bottom line!
For another vantage point, consider that palladium’s price has gone up 18 of the previous 30 trading days.
Relative to other instruments in the metals asset class, platinum ranked 3rd since the day prior in terms of percentage price change.
The silver price is disgusting 30+% above premium for shops that do have it.
Thus, changes in the gold to silver ratio primarily reflected changes in the price of silver….
Palladium outperformed all 5 assets in the metals asset class since the previous day.
It should be noted, though, that a trend in the opposite direction, going up, exists on the 30 day timeframe.
This is the time for precious metals investors to start stacking silver!
Infact take the spot price of 819 usd per ounce convert it into inr.
In this article, we will examine how gld works to understand its role in the gold market and its impact on the gold price….