Before we head into the penultimate weekend of 2020, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner, including: research findings related to organic molecules’ impact on machinability; gold prices; and the arrival of an allocation market for steel-buying organizations, as explained by MetalMiner CEO […]
Category: Precious Metals
Global Precious MMI: Gold price surged during pandemic, but what’s in store for 2021?
The Global Precious Monthly Metals Index (MMI) gained 1.5% for this month’s index value, as the gold price has lost some of its gains from the summer. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. Gold price gains MetalMiner’s Stuart Burns recently checked in on the gold price and […]
Gold has surged during the pandemic, but what does 2021 look like?
The gold price has been on the rise during the pandemic this year. As infections rise, vaccines loom on the horizon and economies gradually recover, what do we expect from the gold price in 2021? Gold price bulls The bulls are predicting a resurgence in the price to U.S. $2,300 per troy ounce in 2021. […]
World Platinum Investment Council releases bullish 2021 platinum report
The World Platinum Investment Council (WPIC) released a report this month with a bullish view of the platinum market in 2021. The WPIC is bullish on the basis of stronger investment demand and restricted production in South Africa. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. Platinum in deficit […]
Global Precious MMI: Gold price posts largest single-day loss in seven years
The Global Precious Monthly Metals Index (MMI) fell 2.2% for this month’s index reading, even as the gold price surged in late October. The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with a complete understanding of the fundamental factors driving prices and a detailed forecast that can be used when […]
Authentic gold from the Scottish Highlands
People have mined, refined and valued gold since Mesopotamian times, with records of early gold jewelry from 2600 BCE — but what about gold from the Scottish Highlands? Anyone who has seen images of Egyptian Pharaoh Tutankhamun’s tomb created almost entirely of gold in 1223 BCE can only wonder at the volumes of gold that […]
Global Precious MMI: Precious metals retrace after Trump’s announcement on stimulus
The Global Precious Monthly Metals Index (MMI) retraced 2.2% for this month’s index reading, as the gold price and the silver price both lost previous gains. The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with a complete understanding of the fundamental factors driving prices and a detailed forecast that can […]
Global Precious MMI: After big gains, silver price holds steady … but could have room to rise
The Global Precious Monthly Metals Index (MMI) gained 3.0% for this month’s MMI value, as the silver price steadied in the second half of August. We’re offering timely emails with exclusive analyst commentary and some best practice advice – and you choose how often you receive it. Sign up today. Silver surge Last month, MetalMiner’s […]
Week in Review: Trump targets Canadian aluminum; copper flattens; silver surges
This past week’s metals news covered everything from silver price movements to the copper price rise’s slowdown to the reimposition of tariffs on some Canadian aluminum. We also broke down President Donald Trump’s recent proclamation with respect to reimposing the Section 232 tariff on some Canadian aluminum. MetalMiner’s Stuart Burns delved into the concern expressed […]
Global Precious MMI: Gold, silver prices surge then retrace
The Global Precious Monthly Metals Index (MMI) surged 9% for this month’s MMI value. You want more MetalMiner on your terms. Choose how often you hear from us – weekly, monthly, or quarterly – by signing up for email updates here. Surging gold price The gold price recently soared to an all-time high. The gold price […]