INSIGHTS: Gold Breaks Forecasts, Platinum Rises – Precious Metals Update | 8 July 2025
Insights
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Posted 08/07/2025
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Gold holds firm above AU$5,090 as central banks boost reserves amid global uncertainty. Silver gains on weak US jobs data, rate cut expectations, and strong industrial demand. Platinum surges 40% YTD, driven by South African supply issues and rising demand from the auto sector and green tech.