Precious Metals Index Hints at Bullishness Despite Hawkish Fed
July 06, 2023 at 08:00 AM EDT
June’s Fed pause could make way for more rate hikes, but potentially at a lesser pace. Despite that, a precious metals index is showing signs of bullishness despite prolonged sideways movement. “The Global Precious Metals MMI (Monthly Metals Index) traded sideways month-on-month,” an Oil Price article said. “Overall, the index fell 2.75% as numerous components [...] The post Precious Metals Index Hints at Bullishness Despite Hawkish Fed appeared first on ETF Trends .
