A recent article in the ever insightful Stratfor Worldview this month underlines how the world is not short of copper ore deposits — they are, at least in this example, just in the wrong place. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The article covers a long-running dispute between […]
Category: Precious Metals
Global Precious MMI: U.S. Dollar Gains Strength; Markets Await Fed Chairman’s Testimony This Week
The Global Precious Monthly Metals Index (MMI) picked up eight points, rising for a July MMI value of 101. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The U.S. Dollar and Precious Metals This past month, MetalMiner chatted with Americas Silver Corporation CEO Darren Blasutti to talk about the precious metals […]
A Shifting U.S. Dollar Could Impact Precious Metals Prices
Several years ago, analysts and mainstream publications once speculated the yuan would eventually replace the U.S. dollar as the world’s reserve currency. But with most commodities still priced in U.S. dollars, especially oil, the U.S. dollar has remained the world’s reserve currency. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook […]
Week in Review: Steel Prices in China, U.S. Housing Starts and USMCA
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: Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook In case you missed it, MetalMiner’s June 2019 Monthly Metals Index report is out. MetalMiner’s Belinda Fuller […]
Gold is Benefiting from the Federal Reserve’s Jitters
Gold powering to $1,400 an ounce sounds rather optimistic, but is actually not too far from the truth. Spot gold has already gained about $80 so far this month, pushing the price this week to its highest level in more than five years. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s […]
Global Precious MMI: Platinum-Palladium Price Spread Widens
The Global Precious Monthly Metals Index (MMI) fell one point for a June MMI reading of 93, marking the third consecutive month of decline for the MMI. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The Platinum-Palladium Spread Contrary to historical trends, the palladium price has soared past the platinum price […]
Gold is Outperforming the Wider Commodities Sector
Some commentators were all over the gold price this week, with Kitco News writing gold “took off like a rocket this week. “The last three days in the metals have been strong, with both gold and silver exploding higher,” the Kitco News report said. Need buying strategies for steel? Request your two-month free trial of […]
Taking a Closer Look at the Platinum-Palladium Price Spread
In spite of their status as precious metals, the automotive industry accounts for a high percentage of platinum and palladium demand annually, making the pair essentially industrial metals. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Given that a high percentage of demand generated from the automotive industry relates to […]
Global Precious MMI: Trading Places: Subindex Drops 1.1% as Metals Swap Trends
No, we’re not talking about Eddie Murphy and Dan Aykroyd (although we do love that classic film). Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The Global Precious Monthly Metals Index (MMI) has just entered a two-month downtrend, with global trade uncertainties and other economic worries serving as a backdrop. […]
Global Precious MMI: Subindex Cools on Palladium, Platinum Price Declines
After a scorching six-month uptrend, the Global Precious Monthly Metals Index (MMI) couldn’t get any hotter even as spring officially came around the corner, finally succumbing to a cooldown in April. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The subindex tracking a basket of gold, silver, platinum and palladium […]