Precious Metals Fluctuate Wildly Following U.S. Election

Via Metal Miner The Global Precious Metals MMI (Monthly Metals Index) witnessed considerable bullish sentiment once again. Month-over-month, the index rose 6.48%. After the election, precious metals prices quickly responded to the outcome and the expected policy directions of the new Trump administration. While the index had been rising in the prior two months, prices began to decline once the election results came in. The U.S. dollar index also began dropping post-election, adding bearish sentiment to precious metals post-election. This downward…