gold, silver, platinum, palladium — all green today. that almost never happens together.
gold's near $4,429, up 2.64%. silver's at $65.82, up nearly 3%. platinum and palladium both running too, palladium leading with +3.52%.
when the whole metals complex moves together like this, it's usually a macro story, not a metal-specific one. rate cut bets, safe-haven demand, dollar weakness — pick your reason, but the market's clearly rotating into hard assets right now.
worth noting: Fed Chair Warsh has stayed hawkish lately, so this rally is happening despite that stance, not because of it. that's the interesting part. #GOLD_UPDATE
$XAU
$XAG
$XPT
gold's near $4,429, up 2.64%. silver's at $65.82, up nearly 3%. platinum and palladium both running too, palladium leading with +3.52%.
when the whole metals complex moves together like this, it's usually a macro story, not a metal-specific one. rate cut bets, safe-haven demand, dollar weakness — pick your reason, but the market's clearly rotating into hard assets right now.
worth noting: Fed Chair Warsh has stayed hawkish lately, so this rally is happening despite that stance, not because of it. that's the interesting part. #GOLD_UPDATE
$XAU
$XAG
$XPT