Gold and silver will wait to benefit from lower rates, Ghana and Hecla reflect shifting priorities in precious metals markets – Heraeus

(Kitco News) – Gold and silver will have to wait a little longer before they get the added push of lower interest rates, while high precious metals prices are impacting national and corporate priorities among producers, according to precious metals analysts at Heraeus.In the latest update, the analysts wrote that gold’s price consolidation is continuing, and while U.S. dollar strength may be a headwind in the near term, interest rate cuts will likely be supportive later in the year.