By Ernest Hoffman – KITCO
The historic precious metals rally has been driven by increased geopolitical tensions, fiscal and monetary policies, renewed central bank demand for gold and burgeoning industrial demand for silver, but the U.S. dollar remains the most important catalyst for commodities, according to Dr. Mark Shore, director and economist at CME Group.
In a new analysis published Monday, Shore wrote that the last 14 months have seen a historic performance for global commodities.