Tag: palladium price

Global Precious Metals MMI: Palladium Leads the Precious Metals Bears

The Global Precious Metals MMI dropped by nearly 3% this month. Palladium dropped the most, though silver also looked comparatively weak. Gold Prices Trends: Bullish or Bearish? Gold has started to trade within a range formed by swing lows and highs. A break above either range will clear up the overall direction. Without a “big […]

Automotive MMI: Lower Metals Prices and Slumping Supply Dominate the May Market

The Automotive MMI (Monthly Metals Index) experienced a slight decline from May into June. The 30-day price change was roughly -9.55, a -6.52% drop. As with last month, multiple crises impacted the marketplace’s overall health. Among them are an ongoing microchip shortage and COVID-19 lockdowns. Below, we’ll discuss if and when we can expect normalization. […]

UK Duties Applied to Russian Platinum and Palladium

The United Kingdom recently imposed a 35% duty on all platinum and palladium imports from Russia and Belarus. This move is part of a new package of sanctions on the two countries totaling £1.7 billion ($1.7 billion). The Department for International Trade (DIT) and HM Treasury made the announcement on May 9. Since Russia’s late […]

Automotive MMI: Auto Sector Remains Constrained

The Automotive MMI (Monthly Metals Index) held flat from April to May. This was largely the result of a number of factors working in concert. Below, we’ll dig deeper into the automotive marketplace to see if we can determine what to expect for the rest of 2022. Automotive MMI: China Auto Sales, Production Plunge In […]

Global Precious Metals MMI: monthly index rises on strong palladium prices

The Global Precious Monthly Metals Index (MMI) rose by 6.8% for this month’s reading. This represents the second month in a row of precious metals inswz increases. Last month the index increased by 4.1%. Palladium, and to a lesser extent, platinum drove the index higher. Most of the other precious metals held flat or fell. The […]

A critical source of Platinum Group Metals (PGMs) faces instability and supply disruption

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 […]

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. […]

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