This week on the podcast we catch up with Nitesh Shah. Head of Commodities at fund manager WisdomTree, about the state of global precious metals markets. The main foci of the podcast are the gold and silver markets. I wanted to spend some time talking about silver, which has risen broken above $30/oz and is showing some key bull market characteristics.
On the podcast we weigh up some of the factors that have been driving the gold price in 2023, including ongoing central bank buying, the so-called ‘weaponisation’ of the dollar market and conflicts in Ukraine and the Middle East. We also get into the role of retail buying in the gold market, especially from South Asia.
Apart from our analysis of silver and gold we also took some time to look at the other metals in the precious metals category, including platinum, which doesn’t get as much attention from retail investors as gold does.
Listen: Precious Metals Update with Nitesh Shah
Content
00:00 Gold price drivers and sentiment
04:23 Geopolitical risks for the gold market
10:13 Central bank buying of gold
15:39 Silver market update
21:58 Platinum and palladium market update
28:20 Trading other precious metals, e.g. Rhodium
31:30 How much do ETFs themselves influence the metals markets?
36:40 Seasonal demand for gold
Related WisdomTree ETFs
 | Core Physical Gold | Theme: Gold Ticker: LON:WGLD Currency: USD | Buy Here   |
| Gold 1x Daily Short | Theme: Gold Ticker: SBUL Currency: USD | Buy Here  |
| Gold 2x Daily Leveraged | Theme: Gold Ticker: LBUL Currency: USD | Buy Here |
| Gold 3x Daily Leveraged | Theme: Gold Ticker: 3GOL Currency: USD | Buy Here |
| Gold 3x Daily Short | Theme: Gold Ticker: 3GOS Currency: USD | Buy Here |
| Physical Gold – GBP Daily Hedged | Theme: Gold Ticker: GBSP Currency: GBP | Buy Here |
| Physical Platinum | Theme: Platinum Ticker: LON:PHPT Currency: USD | Buy Here |
| Physical Silver | Theme: Silver Ticker: LON:PHAG Currency: USD | Buy Here |
| Silver 3x Daily Leveraged | Theme: Silver Ticker: LON:3SIL Currency: USD | Buy Here |
| Silver 3x Daily Short | Theme: Silver Ticker: LON:3SIS Currency: USD | Buy Here |
