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Where are Precious Metals Prices Going?

You know how much you paid for it today, and you know how much you can sell it for today, but you don’t know how much you can sell it for tomorrow. The price of precious metals is volatile. Keep an eye on the market. Numerous factors, such as the chip shortage and the electric car market, influence pricing changes and demand shifts. The demand for white metals decreases as the sale of gasoline-powered vehicles decreases. Many recyclers are debating whether they should hold or hedge their inventory. We see this from the sellers to the core buyers, and while we try to stay fully informed.

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