Commodities Weekly Supply concerns boost oil prices It was another good week for the price of oil as concerns about lower Iranian output as a result of US sanctions continued to lift prices. In contrast, a ratcheting up of the US rhetoric on... 31st August 2018 · 1 min read
Precious Metals Update Weak consumer demand to drag on gold prices The latest trade data for India and China show divergent trends in imports of gold by the two largest consumers. China’s gold imports dropped on signs that the economy is slowing, while India’s... 28th August 2018 · 1 min read
Commodities Weekly No reprieve in sight There was no respite for commodities prices this week. Industrial commodities took their cues from the downbeat China activity data which fuelled concerns about demand. At the same time, a stronger... 17th August 2018 · 1 min read
Commodities Update Dollar is still a key driver of commodity prices After breaking down in April and May, the relationship between the dollar and commodity prices seems to have re-established itself. Given our view that the dollar will remain strong into 2019... 16th August 2018 · 1 min read
Precious Metals Update Gold bugs hold tight, brighter times ahead Given our view that the dollar will remain strong into 2019 and that growth in jewellery demand will continue to soften, we have recently revised down our end-2018 forecast for the price of gold. That... 15th August 2018 · 1 min read
Precious Metals Update Gold to remain under pressure in 2018 A preference for the US dollar as a safe haven has weighed on gold prices over the past few months. Given our view that the dollar will remain strong into 2019 and that growth in jewellery demand will... 9th August 2018 · 1 min read
Metals Chart Pack Sentiment towards metals sours Metals prices continued to decline in July on the back of rising trade tensions, concerns about a possible downturn in demand and a deterioration in investor sentiment. We expect prices to remain weak... 7th August 2018 · 1 min read
Commodities Weekly No relief for prices Most industrial and energy commodity prices fell again this week as mounting protectionism and China’s subdued PMI data for July raised concerns about the outlook for commodities demand. That said... 3rd August 2018 · 1 min read
Metals Outlook More weakness ahead for metals The prices of most metals have plummeted over the past few months, in large part reflecting the appreciation of the US dollar. But negative investor sentiment exacerbated the moves down in prices... 3rd August 2018 · 1 min read
Precious Metals Update Q2 & H1 2018 World Gold Council Demand Trends Global gold demand declined to the lowest level since 2009 in the first half of 2018 and we expect it to remain softover the coming months as a strong dollar, coupled with rising US interest rates... 2nd August 2018 · 1 min read
Commodities Chart Pack Prices wobble on demand concerns Commodity prices dropped in the first half of July, despite a slight depreciation of the US dollar. Concerns about trade tensions were the main reason behind the falls. Lower trade volumes would lead... 1st August 2018 · 1 min read
Precious Metals Update What is behind rhodium's outperformance? The price of rhodium has so far been insulated from deteriorating investor sentiment towards platinum group metals (PGMs) more generally. While rhodium is still likely to outperform its sister metals... 27th July 2018 · 1 min read
Metals Data Response China and India Gold Imports (Jun.) The latest trade data for India and China show divergent trends in imports of gold by the two largest consumers. China’s gold imports continued to soar on the back of strong wholesale consumption... 26th July 2018 · 1 min read
Commodities Weekly Trade tensions likely to continue to weigh on prices There were further falls in most commodity prices this week as concerns about the negative impact on demand of heightened protectionism dampened investor sentiment. With Donald Trump threatening that... 20th July 2018 · 1 min read
Precious Metals Update How is gold demand faring in the wake of protectionism? A stronger dollar and lower economic growth in some of the largest consumers should have a negative impact on demand for gold, which could add to the downward pressure on prices. But for now, we still... 16th July 2018 · 1 min read
Precious Metals Update Gold: short-term pain, long-term gain Despite mounting trade tensions, the price of gold has slumped in recent weeks prompting some commentators to question its safe-haven appeal. While we expect gold to remain under pressure in the short... 6th July 2018 · 1 min read
