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 […]
Category: Precious Metals
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 […]
Global Precious MMI: Higher Platinum, Palladium Prices May Have to Wait for 2019
Last month we noted that record-low prices characterized the Global Precious Monthly Metals Index (MMI) monthly reading and posed the question: will there be more price drops to come? Need buying strategies for steel? Try two free months of MetalMiner’s Outlook From the looks of it, the short answer to that is … yes. Here’s […]
State-Owned Miner Takes up Gold Mining in India
Mining for gold is an expertise of which not too many Indian miners can boast. In fact, it makes up a minuscule portion of overall annual mining activities in the country. With neighboring China on the prowl for gold mining projects internationally, some recent news has brought some cheer to the gold sector in India. […]
Gold Has Tough First Half in Tandem With Strengthening U.S. Dollar
No one can say the first half of 2018 was not an impactful time for metals markets, including safe-haven assets like gold. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The World Gold Council’s first-half outlook report details the market forces at work behind the gold price’s recent drop, but also […]
Week in Review: Auto Hearings, Wind Energy, Cobalt and a Uranium Investigation
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? Try two free months of MetalMiner’s Outlook India sought consultations with the U.S. over its steel and aluminum tariffs. The Department of Commerce launched anti-dumping […]
Global Precious MMI: Record-Low Prices Mark this Month – Are More Drops Coming?
Here’s What Happened MetalMiner’s Global Precious Monthly Metals Index (MMI), tracking a basket of precious metals from across the globe, dropped four points (a loss of 4.5%) for the June reading after holding flat for three straight months. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Incidentally, the July 2018 MMI […]
Why Has Gold Not Lived Up to Its Status as a Safe Haven?
Stock markets in New York, London and Shanghai have been sliding for a month now since President Donald Trump unleashed a trade war on the U.S.’s trading partners in an effort to reset terms seen as unfair by Washington. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Normally, as stock markets […]