Precious Metals Lifted by Supply Crunch, Industrial Demand | 28 July 2025 – Ainslie Insights

Trade optimism and central bank tensions are weighing on gold, which holds steady near AU$5,170 amid record ETF inflows and shifting demand in Asia. Silver continues its breakout, driven by industrial shortages, solar demand, and a 7-year supply deficit. Platinum extends gains after breaking decade-long resistance, supported by tight South African supply and surging Chinese investment.