Gold and platinum prices fluctuate with customs policy
50 percent tariffs on EU goods were only threatened by the US President from June 1, but have now been postponed again.
(PresseBox) - The announcement of the 50% tariffs has driven up the price of gold. The safe haven was increasingly sought out again. The high level of debt in the USA is also causing concern. After the record price of almost 3,500 US dollars per troy ounce of gold, the price of the precious metal fell and then recovered again. The reduction in tariffs between China and the USA also caused the price of gold to fall. This is because investors fears of a recession in the USA and the likelihood that the US Federal Reserve will have to tighten interest rates significantly have diminished.
Uncertainties are also to be expected in the future. It is an up and down situation. The withdrawal of the 50% EU tariffs has caused the gold price to rise. Overall, however, the gold price seems to be approaching its old high, and chart technicians are expecting a new acceleration in the rally. In any case, lower gold prices should motivate investors to take advantage of entry opportunities. After all, it is unlikely that investors will bail out if the price falls due to the constant price fluctuations.
It is also interesting to take a look at the development of the platinum price. According to the World Platinum Investment Council, a supply deficit of almost 850,000 ounces of platinum is expected in 2025. Similar to gold, the prices of platinum, palladium and silver initially rose following the announcement of EU tariffs. Then, like the gold price, they moved downwards again. Incidentally, the gold-silver ratio (gold price divided by silver price) is now almost 100, which is very high. Entry opportunities can also be exploited in the shares of mining companies.
Platinum, palladium and gold are produced by the Sibanye-Stillwater Group - https://www.commodity-tv.com/ondemand/companies/profil/sibanye-stillwater-ltd/ - with its operations in South Africa and the USA.
Revival Gold - https://www.commodity-tv.com/ondemand/companies/profil/revival-gold-inc/ - is developing the Mercur gold project in Utah, which is ready for production at relatively short notice. The company is also preparing the approval process and the ongoing exploration of the Beartrack-Arnett gold project in Idaho.
Current company information and press releases from Sibanye-Stillwater (- https://www.resource-capital.ch/en/companies/sibanye-stillwater-ltd/ -).
In accordance with ?34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
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The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
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Datum: 28.05.2025 - 05:55 Uhr
Sprache: Deutsch
News-ID 722300
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