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      Helmut Soos

      Business media and news feed
      mineral resources and raw materials, Buying and wholesale of precious metal, precious stones, Metal sales
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      In November and December, precious metal prices slightly recovered, but remained significantly below the peak levels of March 2022. Rising interest rates couple

      GVS NORTH EUROPE OÜ's activity report 2022

      Andmerobot
      In November and December, precious metal prices slightly recovered, but remained significantly below the peak levels of March 2022. Rising interest rates coupled with a strong US dollar continue to outweigh the demand for safety and the problem of high inflation. Weak investment demand has helped keep gold prices down, but central bank purchases provided some support. Silver prices have been hampered by weak industrial demand, while platinum prices have risen more strongly, reflecting the recovery in demand and supply for automotive catalysts. Precious metal prices face both headwinds and

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