Besides the Fed, What Is Driving Gold?

Besides the Fed, What Is Driving Gold?

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the impact of US monetary policy on gold prices, highlighting how financial market uncertainty and physical market weakness influence gold's performance. It also examines the dynamics of the gold market, including China's import patterns and seasonal trends. The analysis extends to the platinum market, noting its supply deficit and potential price base, with a focus on South Africa's significant role in platinum production and the effects of Rand depreciation and wage negotiations on supply and costs.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What role do wage negotiations in South Africa play in the platinum market?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the jewelry market affected platinum prices this year compared to last year?

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