B of A boosts palladium price forecast
Palladium prices have surged 1520% since 2009 due to tight supply and higher emission standards, and analysts at the Bank of America forecast the metal could rise to US$3,500 per…
Commodities Markets
World Gold Council: Risk, uncertainty to drive gold in 2020
In 2019, gold had its best performance since 2010, rising 18.4% in U.S. dollar terms. It also outperformed major global bond and emerging market stock benchmarks over that period. In…
Commentary: The gold party has only just begun
The year 2019 has been good for gold. In many currencies gold recorded all-time highs (i.e. euro, Canadian dollar and Australian dollar), with the exception of the U.S. dollar. As…
Commentary: Changes in financial markets trouble mining industry
Analysts at CPM have studied the precious metals and commodities markets — including investment trends in mining equities — since the 1970s. This long and intimate involvement gives us insight…
Commentary: Gold sector fragmentation hurts investors
Of all the mining sectors, gold is possibly the most fragmented, and the gold industry and its investors would realize considerable benefits from consolidation. Brokerage Pollitt & Co. estimates that…
Commentary: Mining’s unlikely heroines — Greta Thunberg and AOC
Left-wing darling Alexandria Ocasio-Cortez’s proposed Green New Deal, despite its flimsy 14 pages, is nothing if not all-encompassing and vaulting in its ambition. The bill was also crucial to Ocasio-Cortez’s…
Lynas and Blue Line to build rare earths separation capacity in US
A combination of growing demand for rare earth elements (REEs) and supply uncertainty related to the ongoing trade war between the U.S. and China has reignited project investment, with rare…
Market sentiment sweetening for silver, report says
The following is an edited excerpt from the “Global Silver Investment” report prepared by Metals Focus for The Silver Institute. Visit www.silverinstitute.org for complimentary access to the full report. Investor…
Rhodium punches above its weight with strong prices
Rhodium is an irreplaceable material for complying with carbon emission standards in gasoline-powered vehicles, which consume almost all of its annual production. But while global auto sales declined in late…
Silver and PGMs offer investors hope
Gold grabs most of the mining headlines, especially since its recent comeback, but other precious metals such as silver and palladium are also performing well in today’s market, giving miners…
Metals Commentary: China’s electric vehicle slowdown could dampen cobalt prices
China’s electric vehicle (EV) sales have declined year-over-year for the second straight month, on the heels of uncharacteristically slow growth this spring, indicating that contractions in cobalt supply may be…
Facts ‘n’ figures: First-half gold demand jumps on central bank, ETF buying
The following is an edited summary from the World Gold Council, based on its “Gold Demand Trends Q2 2019” report. To access the report, visit www.gold.org. Global gold demand grew…