Commodities Chart Pack Dollar strength weighs on commodities The prices of most commodities retreated in late August as the dollar strengthened on the back of renewed expectations that the Fed will raise rates this year. That said, activity data out of China... 1st September 2016 · 1 min read
Industrial Metals Update Investor sentiment sours The prices of most metals fell last month, undermined by some strengthening of the US dollar as a result of renewed expectations that the Fed will raise interest rates sooner rather than later. The... 1st September 2016 · 1 min read
Metals Data Response China and India’s gold imports (Jul.) China’s gold imports resumed their upward trend last month. In contrast, India’s demand remained subdued and this weakness probably has persisted through August. That said, we expect demand from India... 25th August 2016 · 1 min read
Metals Watch Western investors to drive gold prices higher Despite subdued buying from key consumers – China and India – demand for gold had a strong first half of the year. Indeed, renewed interest from Western investors more than offset continued weakness... 18th August 2016 · 1 min read
Precious Metals Update PGMs rally might have gone too far After falling sharply at the end of 2015, the prices of platinum and palladium have risen by over 20% since the start of 2016. While we remain positive on the medium-term prospects for PGMs, we think... 15th August 2016 · 1 min read
India Economics Update Gold bond scheme showing signs of success India’s monthly trade deficit narrowed in July and, with the government’s sovereign gold bond scheme helping to keep a lid on imports of the precious metal, the external position is unlikely to return... 15th August 2016 · 1 min read
Commodities Weekly Oil jumps on output freeze speculation Despite a slightly weaker dollar, the prices of most industrial metals ended the week lower on the back of mixed data out of China. While industrial activity looks to be holding up reasonably well –... 12th August 2016 · 1 min read
Precious Metals Update Q2 2016 World Gold Council Demand Trends In its Q2 Global Demand Trends report, published today, the World Gold Council (WGC) described another strong quarter for gold demand. Renewed interest from Western investors more than offset... 11th August 2016 · 1 min read
Metals Data Response South Africa’s Mine Production (Jun. 2016) While South Africa’s overall mine production shows tentative signs of recovery, the sector’s fortunes remain bleak for the time being. However, surging prices continued to encourage higher PGM output... 11th August 2016 · 1 min read
Precious Metals Update Central banks to remain net buyers of gold Central banks resumed their gold purchases in June, after having turned net sellers in May, with Russia and China once again particularly active. While gold demand from the official sector was... 5th August 2016 · 1 min read
Precious Metals Update Weaker currencies continue to sustain supply The prices of precious metals in US dollar terms are back to the level seen at the beginning of 2010, with the exception of platinum, which has fallen sharply during the period. However, production... 4th August 2016 · 1 min read
Metals Chart Pack A strong month for metals The prices of industrial and precious metals generally rose in July, despite a strengthening dollar for much of the month and only subdued economic data out of China. However, with investors more... 2nd August 2016 · 1 min read
Industrial Metals Update Investors turn positive on industrials After dipping in the wake of the UK’s vote to leave the EU (Brexit), the prices of most industrial metals have rallied strongly since. They have shrugged off disappointing economic news out of China... 28th July 2016 · 1 min read
Metals Data Response China and India’s gold imports (Jun.) Gold imports by China and India fell sharply in June. However, local gold premiums point to somewhat stronger demand in July. Higher prices and temporary factors have played a role in the weakness in... 26th July 2016 · 1 min read
India Chart Pack Capital injections too small to revive banking sector The government’s announcement this week that it will inject more capital into local banks is a positive step, but the amount is still too limited to revive the ailing sector. 22nd July 2016 · 1 min read
Precious Metals Update Further upside for gold and silver prices We expect a combination of looser monetary policy in the euro-zone, the UK and Japan and building inflationary pressures in the US to boost the prices of gold and silver over the next year or so... 21st July 2016 · 1 min read
