Precious Metals Traders Believe Recession Fears Likely To Weigh On Commodities
Date
1/10/2023 10:01:11 PM
(MENAFN- Investor Brand Network) Precious metals trader
heraeus group
predicts that several geopolitical and economic factors will play a major role in silver, platinum and Gold markets through 2023. Last year proved to be extremely volatile, with the
russia-ukraine war
slowing down the
already weak global Economy
and lockdowns in China
crippling the country's economy
and impacting supply chains around the world.
Prices for commodities such as
gold ,
palladium
and
silver
rallied in the wake of the Ukraine invasion but saw their prices settle at lower levels as the war waged on.
With most of the world still grappling with rising inflation and increased cost of living, experts predict slower economic growth in...
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