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 […]
Tag: platinum
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 […]
Global Precious MMI: Palladium Prices Singlehandedly Heating Up a Frigid Winter
If you’re in the midwestern U.S., chances are your March has gotten off to a more-frigid-than-normal start. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Not so for the Global Precious Monthly Metals Index (MMI), which has gotten even hotter. The subindex tracking a basket of gold, silver, platinum and […]
Global Precious MMI: Platinum-Palladium Spread is the Largest in MMI History
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 […]
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 […]
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 […]
Global Precious MMI: Palladium-Platinum Gap Narrows, Moves Closer to Historical Norm
The Global Precious MMI (Monthly Metals Index) picked up one point this month, rising to 92 for our February reading. Need buying strategies for steel in 2018? MetalMiner’s Annual Outlook has what you need Within the basket of metals, Chinese gold bullion and U.S. silver ingot/bars picked up in price. Palladium, which has bucked the historical trend by […]
