Via Metal Miner Month-over-month, the Precious Metals MMI (Monthly Metals Index) witnessed almost no movement and narrowly missed trading flat. Indeed, the index remained sideways, only dropping by a slight 0.11%. That said, the Fed’s stance on holding interest rates at an elevated level could impact precious metal prices in the near future. Interestingly enough, scrap precious metal prices (namely gold) experienced a bit of a spike at the beginning of August. Precious metal prices also initiated a climb starting September 15, but ultimately…
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