(Kitco Commentary) - In this presentation, Jeffrey Christian of CPM Group gives a precious metals update, covering the gold and silver price outlook as well as the reasons behind platinum and palladium weakness. He also covers Federal Reserve interest rates, central bank gold buying, and CPM Group’s latest Market Commentary on summertime investing.
Jeff explains why gold continues to hold above $4,000 while remaining in a volatile price consolidation range, and why silver may continue to move sideways with the possibility of a short-term spike below $60 before prices strengthen later.
The presentation also covers the new Federal Reserve chairman’s first FOMC meeting, inflation pressures, economic uncertainty, and why the Fed’s comments point to continued volatility in financial markets and precious metals prices.

