Before we head into the weekend, let’s take a look back at the week that was and some of the metals coverage here on MetalMiner, including: a natural gas transit deal between Russia and Ukraine; aluminum prices; the impact of escalating U.S.-Iran tensions on oil prices; and the copper demand picture. Looking for metal price […]
Category: Precious Metals
Gold, silver prices on the rise in India amid U.S.-Iran tensions
Gold and silver prices in India have hit new highs recent days, to the glee of traders and the consternation of retail buyers. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Multiple reasons are being attributed to the price rises, first and foremost being rising geopolitical […]
Week in Review: Tariffs on Argentina, Brazil?; nickel prices slide; Saudi Aramco debuts on Riyadh exchange
Before we head into the weekend, let’s take a look at the week that was and some of the metals storylines here on MetalMiner: Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Stuart Burns on President Donald Trump’s recent announcement regarding tariffs on steel and aluminum […]
Power outages in South Africa cause platinum, palladium price rises
Platinum has had a decent year from a price perspective. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Not as strong as palladium, by any means. But despite the travails of the global automotive market, tighter emissions standards have helped demand. But now price support has […]
Global Precious MMI: Palladium-platinum spread widens; gold holds steady
The Global Precious Monthly Metals Index (MMI) dropped three points this month for a December MMI reading of 110. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Palladium-platinum spread widens Once again, the spread between U.S. palladium and platinum prices continued to widen this past month. Rising […]
A critical source of Platinum Group Metals (PGMs) faces instability and supply disruption
An important source of precious metals — and in particular, Platinum Group Metals (PGMs) — is in a spiral of diminishing returns and could run out of cash in 2020 with consequences for metal supply and market prices. Zimbabwe has been here before, it must be said. Looking for metal price forecasting and data analysis […]
Long-term negative correlation between the dollar, gold prices takes a break
Gold prices surged this year due to greater uncertainty in the global macroeconomic environment. By August, the price briefly regained the $1,500/ounce price point and stood at $1,460/ounce in late November. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Over the longer term, […]
Week in Review: ArcelorMittal Closures, Platinum Demand and a Call for a Section 232 Sunset
Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner, including our coverage of: ArcelorMittal’s plant closure in South Africa, the oil price outlook, U.S. steel capacity utilization and steel prices, CAMMU’s call for a Section 232 sunset provision, and […]
Global Precious MMI: Palladium Prices Soar to Record High
The Global Precious Monthly Metals Index (MMI) jumped six points this month, rising for a November MMI reading of 113. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Palladium-Platinum Spread Widens As noted here many times before, platinum had historically traded at a premium […]
Gold, Silver Purchases Down During India’s Prime Precious Metal Buying Holiday Season
India is right in the middle of its annual festival season that carries on until the year’s end — as is customary, all eyes are on the purchase patterns for gold and silver during the festival of Diwali. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s […]