Fundamentals favourable to precious metals. Sharp rise in investment demand. Reduction of the gold/silver price ratio favourable to silver. Palladium benefits from a special situation.
Key Points
Stock market panic temporarily weighed on precious metals in March 2020
Most key factors for precious metal prices are favourable
Sharp rise in investment demand
100 million gold ounces in ETFs
Narrowing of the price differential between gold and silver in 2020
After the rise in gold and silver, a recovery of platinum and palladium seems more than likely
Gold and silver: an essential insurance policy
Platinum and palladium: attractive prospects with growth of above +20% expected in 2020