In this presentation, Jeffrey Christian of CPM Group discusses the short-term and medium-term outlook for gold, silver, platinum, and palladium prices, focusing on what investors should expect over the next several weeks and quarters. He explains why gold prices have approached the upper end of recent trading ranges and outlines two key scenarios: a seasonal plateau during the second and third quarters, or strong investment demand due to ongoing economic and political uncertainty.
Jeff also discusses central bank activity, including gold movements by European institutions, selling by Turkey and Russia, and ongoing speculation around China’s gold purchases.

