Gold And Silver Price Surge: Is A Pullback Coming?
In this presentation, Jeffrey Christian of CPM Group provides a market update on gold, silver, platinum, and palladium while offering perspective from India, one of the world’s most important centers for precious metals demand.
He discusses gold’s move above $3,700 and silver’s strength around $41–$42. While short-term pullbacks to $3,400 gold or $40–$38 silver remain possible, the broader political and economic environment continues to support higher prices.
Jeff also looks at India’s growing role in fabrication demand for gold, silver, and platinum group metals, the latest U.S. inflation and interest rate data, and why fears of a collapsing U.S. dollar are misplaced. He also discusses silver bullion coins and inventories, explaining why most remain in coin form rather than being melted down.
#gold #silver #platinum #preciousmetals #commodities #investing
0:00 – From India: why this matters for gold & silver
0:40 – Gold: record highs, October vs. December contracts, pullback risk
2:18 – Silver around $41–$42; path higher with $40–$38 pullback possible
3:22 – Platinum & palladium: speculative spikes vs. medium-term drift
3:52 – India’s demand: fabrication, electronics, catalysts (bigger global role)
5:35 – CPI/PPI: inflation pressures; rate-cut debate vs. politics
8:32 – Dollar “collapse”? Trade-weighted reality
11:00 – Silver bullion coins: why Eagles/Maples rarely get melted
14:45 – Dealer economics, premiums, and coin segregation explained
22:19 – Above-ground silver: what’s counted (and what isn’t)
25:18 – History lesson: inventories don’t prevent price spikes
