Gold 
“Gold prices rose and fell over the course of May, but remained at historically elevated levels throughout the month. On 7 May gold prices shot up to an intraday high of $3,488.20 but fell to an intraday low of $3,123.30 by 15 May. Gold prices closed out May at $3,315.40.
Gold prices have continued to crawl higher at the start of June, settling at $3,395.40 on 4 June after touching an intraday high of $3,417.80 on 3 June. There is too much uncertainty and too many political and economic risks both in the United States but around the world as well, which demand a greater diversification of investment portfolios. While risk assets like stocks have recovered from the deep declines earlier this year gold prices have maintained their elevated levels. Even at the intraday low of $3,123.30 on 15 May, gold prices still were 18.25% higher than levels at the end of 2024.”
The full Precious Metals Advisory report is available directly from CPM Group. For more information, visit their website, www.cpmgroup.com
*This information is solely an excerpt of a third-party publication and is incomplete. Please subscribe to the referenced publication for the full article. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.
