Gold and Silver Prices Fall After The Spike: What Happens Next?
In this presentation, Jeffrey Christian of CPM Group provides an update on the precious metals markets following some volatile price swings He explains how these moves fit within the broader consolidation that has taken place since the strong rally in September and October, and why prices remain sensitive to ongoing political and economic uncertainties.
Jeff also discusses how the reopening of the U.S. government has added new layers of uncertainty to an already fragile environment, contributing to heightened volatility across financial markets.
In silver markets, Jeff discusses the increase in unallocated London inventories during October, the liquidation of nearly 20 million ounces of London-held ETF silver, and the broader pattern of investors taking profits as prices climbed.
#gold #silver #investing #preciousmetals #commodities
00:00 – Gold and silver surge then retreat
01:00 – Consolidation after the September–October rally
01:45 – Political and economic uncertainties return
02:20 – Silver hits $53 before pulling back
03:00 – Platinum and palladium stabilize in their ranges
03:40 – London silver inventories jump in October
04:20 – ETF flows, investor selling, and year-to-date trends
05:10 – Closing thoughts and what to watch next week
