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Precious Metals Hammered On Global Demand Concerns

August 16, 2018 by Jim Wyckoff

The precious metals markets were hit hard Wednesday, on worries about a global economic slowdown that could be caused by a secondary currency crisis. Gold hit a 1.5-year low, silver a two-year low, platinum a 14-year low and palladium scored a 13-month low. Supposedly safe-haven gold and silver markets have not seen any significant demand surface due to the potential for a currency market contagion. Stay tuned!

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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