Precious Metals Update Palladium market to continue to tighten in 2017 The performances of the three main platinum group metals (PGMs) – platinum, palladium and rhodium – have diverged sharply over the past few months. Palladium has seen the biggest gains in the year-to... 2nd December 2016 · 1 min read
Commodities Chart Pack Markets focus on the Trump positives Following the victory for Donald Trump in the US presidential election, commodity markets chose to focus on his promise of a large fiscal stimulus, including a substantial increase in infrastructure... 1st December 2016 · 1 min read
Metals Watch What’s next for zinc prices? Over the past year, zinc prices have rallied strongly, reaching a nine-year high recently, on the back of mine closures and production cuts. While the refined market will continue to tighten through... 30th November 2016 · 1 min read
Commodities Weekly Oil market in wait-and-see mode The prices of industrial metals surged again this week, in large part due to investor buying. In contrast, the price of gold fell further as the dollar appreciated and the minutes of the November FOMC... 25th November 2016 · 1 min read
Industrial Metals Update Weakness in China’s metals imports could prove temporary China’s metals imports remained subdued in October as higher dollar prices and some further depreciation of the renminbi weighed on volumes. 25th November 2016 · 1 min read
Metals Data Response China and India’s gold imports (Oct.) The latest import data out of China and India show a mixed picture for gold demand in the two largest consumers. China’s appetite for the metal appears to have faltered in recent months. In contrast... 24th November 2016 · 1 min read
India Chart Pack Anti-corruption drive has further to run The government’s shock demonetisation announcement earlier this month was its boldest measure yet to tackle corruption and formalise large parts of the shadow economy, but it is unlikely to be the... 24th November 2016 · 1 min read
Commodities Weekly Commodities take stock After last week’s wild swings, the prices of most commodities stabilised this week. That said, positive comments from OPEC and Russian officials on the prospects for output cuts gave oil prices a... 18th November 2016 · 1 min read
Industrial Metals Update Trump victory proves divisive Industrial metals prices were already rising ahead of Donald Trump’s election to the US Presidency, but his victory appeared to provide new grounds for optimism as markets focussed on his plans for... 17th November 2016 · 1 min read
Precious Metals Update Gold down, but not out? Right now the decision to nudge up our forecasts for the gold price in the wake of Donald Trump’s shock victory in the US presidential election may not look like a smart one. Indeed, the price of the... 16th November 2016 · 1 min read
Commodities Update Investors turn positive on metals The prices of industrial metals have risen strongly in the last month on optimism about demand and a surge in investor buying. In contrast, sentiment has turned negative in the oil market as investors... 15th November 2016 · 1 min read
Precious Metals Update Four reasons a Trump presidency is still bullish for gold prices Markets appear to believe that a Trump victory will lead to major infrastructure spending and much more aggressive Fed tightening. As a result, gold prices have fallen. While some fiscal stimulus is... 11th November 2016 · 1 min read
Metals Data Response South Africa’s Mine Production (Sep.) South Africa’s total mine production rebounded in September, led by a sharp increase in PGM output on the back of higher prices. With inventories still abundant and the risk of labour disruptions... 10th November 2016 · 1 min read
Precious Metals Update Q3 2016 World Gold Council Demand Trends In its Q3 Global Demand Trends report, published today, the World Gold Council (WGC) described a pretty gloomy picture for gold demand. Investment was the only exception, as the economic and political... 8th November 2016 · 1 min read
Commodities Weekly US election taking centre-stage Energy and agricultural prices took a tumble this week, but for the most part industrial and precious metals performed well. Although the dollar fell, the depreciation was driven by uncertainty over... 4th November 2016 · 1 min read
Precious Metals Update Central banks continue to add gold to their reserves The latest data show that central banks increased their gold reserves in September. However, year-to-date purchases remain substantially lower than in 2015 as temporary factors, like Venezuela selling... 3rd November 2016 · 1 min read
