(Kitco News) – Gold’s relative outperformance of silver and the PGMs reflects deeper institutional commitment to the yellow metal, but the entire precious metals complex is still following speculative flows more than fundamental factors, according to Ross Norman, CEO of Metals Daily.In a recent analysis, Norman explained that precious metals prices once again followed the familiar pattern of taking the ‘stairs’ incrementally higher, before riding the ‘escalator’ lower again – slowly up, then rapidly down.
