Advisor Metals Precious Metals Market Update for May 17, 2025
Did Gold revert to the mean this past week? Yes!
I was a week early. Gold did revert to its 50-day moving average on Thursday which can be defined as reverting to the mean and closed 15 dollars above it and was down 1.27% for the week. Both the 50-day and 200-day moving averages continue to be upward sloping with gold about 350 dollars above its 200-day moving average which shows the longer-term trend. Silver remains between the flat 50-day and 200-day moving averages and increased .78% for the week.
The inflation numbers for April 2025 were released this week. On Tuesday the Consumer Price Index (CPI) was released and showed a +.2 % increase from March and +2.8% increase over the last 12 months. The Producer Price Index (PPI) was released on Thursday and showed a -.4% decline from March and +3.1% increase over the last 12 months. Am I the only one confused?
Stay the course. Buy metals on dips. Hedge your assets with metals. And hold for the long-term.
Until next time…