Last month, we wrote that winter was apparently “just heating up” for the Global Precious Monthly Metals Index (MMI). Turns out we were right. 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 prices from four different geographies shot […]
Category: Precious Metals
Gold is Making a Comeback
Gold has been the metal to hold these last few months. While the base metals index has been at best trading sideways — and in many instances, gradually weakening — gold has been making a comeback. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Even before Fed announcements in January […]
Precious Metals MMI: Norilsk, JPMorgan Chase Bullish on Hybrid Car Demand’s Role in Palladium Prices
It looks as though the winter is just heating up for the Global Precious Monthly Metals Index (MMI). The sub-index tracking a basket of gold, silver, platinum and palladium prices from four different geographies rose three points to hit 90 for the January reading — a 3.4% increase — driven by a still-hot palladium price. […]
2019 Platinum, Palladium Outlook: Corrections Could Come Soon, as Monthly Precious Index Rises
MetalMiner’s precious metals index, tracking a basket of platinum, palladium, gold and silver prices in several geographies across the globe, is now officially in a three-month uptrend this December after several months of declines. Need buying strategies for ferrous and non-ferrous metals? Try two free months of MetalMiner’s Outlook The Global Precious Monthly Metals Index […]
Week in Review: MMI Week, Tariff Waivers and Russian Sanctions
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 We kicked off our November MMI this week. In case you missed it, revisit our subindex recaps […]
Global Precious MMI: Is Palladium Price High Enough to Make GM Flirt With Substitution?
MetalMiner’s Global Precious Monthly Metals Index (MMI), tracking a basket of platinum, palladium, gold and silver prices in several geographies across the globe, is now officially in a two-month uptrend this November after several months of declines. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The Global Precious MMI came […]
Conflict Gold Could Be Entering the U.S. Market Via Major Companies
We’ve touched on conflict materials in this space before, typically in reference to cobalt. A majority of the world’s cobalt is mined in the Democratic Republic of the Congo, where conditions at so-called artisanal mines (i.e., small-scale mines) are sub-standard, according to reports by a variety of NGOs. Among the concerns at these mines includes […]
India’s Gold Buying Season Not Looking as Shiny
Festival season in India normally means one thing: a rush to buy gold. Outside of China, India sees the most amount of gold buying when Indians are, well, happy or enjoying a moment — be it a party, a wedding or a festival. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s […]
Global Precious MMI: Precious Metals Index Rebounds on Back of Palladium
MetalMiner’s precious metals index, tracking a basket of platinum, palladium, gold and silver prices in several geographies across the globe, bounced back in October after several months of declines. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The Global Precious Monthly Metals Index (MMI) registered a value of 83 for […]
Global Precious MMI: Huge Platinum-Palladium Spread Drives Subindex’s Drop
MetalMiner’s Global Precious Monthly Metals Index (MMI) — tracking a basket of platinum, palladium, gold and silver prices in several geographies across the globe — continues its trek downward. The Global Precious MMI clocked a value of 81 for its September 2018 reading, down 1.2% from 82 last month — and reaching a low not […]
