Despite Trailing Silver and Platinum, Gold Remains the Leading Monetary Asset
The last few days have seen the prices of silver and platinum rise, significantly outperforming gold. Silver futures rose past $42 per ounce, hitting a new decade high. The metal has seen its prices climb by over 45% since the year begun. Platinum futures also wrapped up the week at $1,400 an ounce and while prices have dropped from their July peaks, the metal continues to trade near an 11-year high and show an increase of over 54% thus far into the year. A huge chunk of the metal’s advances has occurred in recent months as investors shift along the…