3Qs: As precious metals grow more precious
The value of silver soared to an all-time high last Thursday, and plunged dramatically yesterday, illustrating the constant volatility of the precious-metals market, which includes lustrous commodities like gold, silver and platinum. Here, Kamran Dadkhah, an associate professor of econometrics and macroeconomics at Northeastern, who has studied the value of silver and gold in the foreign exchange market, discusses how the declining value of the dollar relates to the ever-shifting value of precious metals and other commodities, such as oil.
