Loading ...The lower car production metals like Palladium, and Platinum may be reflecting an economic slowdown. Even Silver is somewhat industrial. Copper going choppy lateral could be reflecting steady real estate and EV car needs.
Gold the monetary metal is pretty much choppy lateral too around $1800. Reflecting a strong headwind from a rocketing US Dollar. Try to imagine how high the Gold price would be today if the dopey US Dollar was not in rally mode. $2200?
Higher Dollar opposite inverse the other countries, is welfare for other countries, and a tax on the USA.
https://finviz.com/futures_charts.ashx?t=CURRENCIES&p=w1
Gold versus industrial metals.