• On Friday, silver for September delivery rallied 38.7 cents, or 1.7%, to close at $23.32 an ounce - the highest settlement price since May 14. (coinnews.net)
  • October platinum declined $4.70, or 0.3%, to finish at $1,527.60 an ounce . (coinnews.net)
  • Palladium for September rose $6.20, or 0.8%, to end at $763.05 an ounce . (coinnews.net)
  • Another precious metal used in catalytic converters is palladium, which, as of May 31, was $1,817 per ounce. (automotive-fleet.com)
  • Again, using an ounce-to-ounce comparison, palladium is actually more valuable than gold. (automotive-fleet.com)
  • The third precious metal used in catalytic converters is platinum, which is selling for $977 per ounce as of May 31. (automotive-fleet.com)
  • At the time, the price of palladium was close to $1,000 an ounce, which was hardly shooting the lights out. (dailymaverick.co.za)
  • By late 2019, palladium was over $2,700 an ounce, almost triple its price since Implats announced its participation in the project. (dailymaverick.co.za)
  • Currently, the June contract is down $36.9 (-1.80%) an ounce to $2018.80 and the DG spot price is $2009.20. (dillongage.com)
  • The July contract is currently down $0.447 (-1.70%) an ounce to $25.780 and the DG spot price is $25.47. (dillongage.com)
  • Spot palladium increased 1.7% Thursday to $1,473.50 an ounce, and it's down 3.3% so far this week. (dillongage.com)
  • Spot platinum lost 1.8% Thursday to $1,045.00 an ounce and is down 3.7% this week. (dillongage.com)
  • Silver lost 18 cents, opening at $18.22 per ounce, while platinum was pulled $16 lower at the start, quoted at $1433 per ounce. (kitco.com)
  • The metal has climbed 98 percent this year to $2,475 an ounce, according to prices from Johnson Matthey on Bloomberg. (kitco.com)
  • Other precious metals also advanced, with gold rising 1 percent to near its recent record of $936.50 an ounce, silver hitting a 27-year high and palladium rising to its highest level in more than six years. (ibtimes.com)
  • Spot platinum hit a high of $1,915 an ounce and was quoted at $1,915/1,920 by 6:36 a.m. (ibtimes.com)
  • U.S. platinum futures also surged to a historic high of $1,920.90 an ounce. (ibtimes.com)
  • Palladium rose to $443/448 an ounce from $436/441 in New York, while silver rose to a high of $17.38 an ounce and was last quoted at $17.37/17.42, versus $17.10/17.15. (ibtimes.com)
  • Spot platinum rose as high as $1,654 per ounce, a level last seen in August 2008. (nuwireinvestor.com)
  • One ounce of platinum costs about $459 more than an ounce of gold, a spread not seen since September 2008, when Lehman Brothers Holdings' bankruptcy filing dragged the global economy down. (nuwireinvestor.com)
  • In fact, palladium recently breached the $1,000 per ounce mark for the first time in eight months, and earlier this week hit a record high of $1,150.50 an ounce. (spendmatters.com)
  • Metal prices: Platinum is currently trading at $1,000 per ounce . (mfea.com)
  • Gold is up a slight 0.3% this week to bring spot prices to $1,933 an ounce. (gold-eagle.com)
  • And finally, as of this Friday morning recording, palladium is giving up 3.8% for the week to trade at $1,777 per ounce. (gold-eagle.com)
  • The fact that the Treasury Department could arbitrarily declare a one-ounce platinum coin to be worth a trillion dollars and then sell it to the Federal Reserve to raise revenue shows that hyperinflation is how a sovereign debt crisis can be resolved. (gold-eagle.com)
  • Gold prices faced a decline of 0.1% to reach $1,932.28 per ounce by 0757 GMT, with U.S. gold futures trading 0.1% lower at $1,967.60. (ratecaptain.com)
  • In the broader metals market, spot silver declined 0.3% to reach $23.49 per ounce, and platinum remained nearly flat at $914.52. (ratecaptain.com)
  • The current price is $400 per troy ounce. (gold-eagle.com)
  • On Friday (Nov. 24), gold futures experienced a surge, closing at $2,003.00 per ounce, marking a $10.20 increase (0.51%) thanks to a weakened dollar that spurred significant interest in gold futures. (naturaldeposit.com)
  • The price of gold futures saw a decline of $2.60, equivalent to 0.13%, ultimately closing at $1,984.70 per ounce by the end of the trading day. (naturaldeposit.com)
  • Gold futures surged by $16.30, marking a notable 0.84% increase, to settle at $1,966.50 per ounce. (naturaldeposit.com)
  • Platinum futures demonstrated a more pronounced surge of $5.20 or 0.55%, culminating at $948.20 per ounce. (naturaldeposit.com)
  • In contrast, palladium futures bore the brunt of the market dynamics, declining by $15.50, representing a 1.3% decrease, and concluding at $1,229 per ounce. (naturaldeposit.com)
  • Platinum lost 3.6% to $863.90 an ounce and palladium dropped 2% to $2,389 an ounce. (moneyandmarkets.com)
  • Spot silver (XAG) recorded a 1.1% increase, reaching $22.94 per ounce, while platinum XPT= experienced a 0.5% decline, settling at $905.48. (newtradingview.com)
  • Gold prices have edged up above the $1,900 per ounce level, benefiting from a slight retreat in the dollar's value and bond yields. (newtradingview.com)
  • Among other metals, spot silver gained 0.3% to $23.42 per ounce, platinum climbed 1.1% to $919.15, and palladium rose 1.1% to $1,259.33. (newtradingview.com)
  • Platinum has taken a dramatic turn since spiking to a record high at $2,290 an ounce in early March, losing much of their gains to profit taking and a slowing US economy that threatens to slash demand for autocatalysts. (bbj.hu)
  • Silver dropped to $14.12/14.18 an ounce from $14.65/14.71 an ounce, while palladium fell to $305.50/313.50 an ounce from $317.00/325.00 late in New York. (bbj.hu)
  • So remember that price of gold to compare it to the price of the other precious metals used in a catalytic converters. (automotive-fleet.com)
  • White metals such as white gold, silver, platinum, palladium, titanium, and tungsten are less likely to show wear, as the lighter metals tend to reflect light differently than colored gold. (weddingrings.net)
  • Like standard gold, white gold's purity is also given in karats, and also like traditional yellow gold, white gold is alloyed with other metals such as nickel or platinum to increase durability and hardness. (weddingrings.net)
  • One of the most popular choices of the white metals is platinum. (weddingrings.net)
  • It is the most costly of precious metals that are used in jewelry and though it is very durable, platinum may scratch easily and often needs to be re-polished to maintain a sleek, lustrous finish. (weddingrings.net)
  • Palladium can be formed into intricate patterns, and is also one of the most popular metals to create white gold alloys with. (weddingrings.net)
  • NEW YORK (BLOOMBERG) - The chaos that engulfed the gold market in March as the global pandemic choked off physical trading routes is rippling through other precious metals, resulting in price dislocations and a surge in exchange inventories for silver and platinum. (straitstimes.com)
  • Silver and platinum futures have traded at elevated levels relative to spot metals since early April. (straitstimes.com)
  • Those deliveries serve as a way for banks to reduce their exposure to price dislocations and limit risk, said David Holmes, a senior vice-president at Heraeus Metals New York, a precious metals refiner. (straitstimes.com)
  • The great thing about both metals is that this year has seen their prices swell to amazing heights. (cashforgoldorangecounty.com)
  • Once you find a precious metals dealer that you trust, you can work to negotiate a price that you're happy with. (cashforgoldorangecounty.com)
  • The 26-metre intersection will yield approximately 3,000 tonnes of ore, estimated to contain more than 400 ounces of platinum-group metals (PGMs). (ivanhoemines.com)
  • We remain true to our commitment to build Platreef into the world's next great platinum-group metals mine ─ a showcase for South Africa and the international investors that have financed the exploration and development work," Dr. Makhesha added. (ivanhoemines.com)
  • The Northern Limb is the future of platinum-group-metals mining. (ivanhoemines.com)
  • On behalf of our stakeholders, international shareholders and progressive end users of our metals, we are pleased to be leading the positive transformation in the way future underground platinum mining operations in South Africa will be conducted," Mr. Friedland added. (ivanhoemines.com)
  • The conflict has also caused prices of other metals to surge considering Russia is a huge producer of other commodities. (forex.com)
  • It is important to flag that nickel is found alongside other metals in the ground, meaning it is often a by-product and that companies mine a variety of other metals such as other Platinum Group Metals (PGMs) like palladium and platinum, both of which have also risen in value since the Russia-Ukraine crisis erupted. (forex.com)
  • A surge in the price of precious metals over recent times has driven an increase in the theft of catalytic converters for sale on the black market, as criminal gangs have become all too aware of the small fortune stored beneath your vehicle. (qbeeurope.com)
  • We've long suggested that Platinum would likely lead a rally in precious metals and that a breakout move in platinum could prompt a broader uptrend in other precious metals. (thetechnicaltraders.com)
  • If this rally continues to target the 100% Fibonacci price extension, near $1300, then it will become very clear that Platinum is rallying away from other precious metals. (thetechnicaltraders.com)
  • Platinum group metals are a necessary component in construction of catalytic converters for cars. (nuwireinvestor.com)
  • While other metals have had their ups and down, palladium has been soaring this year. (spendmatters.com)
  • Palladium has been trading at a premium to platinum for the majority of the past year, contrary to the two platinum-group metals' (PGM) historical relationship. (spendmatters.com)
  • The prices of the metals have gone up since the COVID-19 pandemic, which has affected their production in places like Russia and South Africa. (hawaiipublicradio.org)
  • One of the intriguing options within IRAs is the inclusion of precious metals like palladium. (goldirainvestmentguy.com)
  • A part of the platinum-group metals, palladium has distinctive industrial applications, including its role in catalytic converters in automobiles. (goldirainvestmentguy.com)
  • Platinum and palladium are two precious metals that share similarities in appearance and applications but possess distinct differences in properties and performance. (diamondrensu.com)
  • Palladium is a precious metal belonging to the platinum group of metals. (diamondrensu.com)
  • Palladium holds the atomic number 46 in the periodic table and is considered one of the white metals due to its silver-white appearance. (diamondrensu.com)
  • The outcome of the NFP data will likely provide further direction for gold prices and other metals in the coming sessions. (ratecaptain.com)
  • When both base and precious metals took a tumble in May, skeptics of the whole bull market felt confirmed in their view that a lot of the price action was purely down to speculators in the futures and options markets driving the price beyond rational measure. (gold-eagle.com)
  • In that light, how has its price performed in this metals bull market? (gold-eagle.com)
  • The price has stayed fixed at $400 since the time other metals took a dive. (gold-eagle.com)
  • This week, clients have been selling larger values of all precious metals, possibly speculating ahead of the ECB meeting on Thursday and taking advantage of the higher prices seen through the week. (goldmoney.com)
  • GoldMoney is one of the world's leading providers of physical gold, silver, platinum and palladium for private and corporate customers, allowing users to buy precious metals online. (goldmoney.com)
  • Despite an early surge , precious metals scaled back in afternoon trading as investors reeled from equities' nosedive. (moneyandmarkets.com)
  • The Russian invasion of Ukraine is starting to take its toll on the automotive supply chain and also on pricing for base metals. (shopmetaltech.com)
  • CAR also points out that the palladium price increases are part of a large surge among other base metals of which Russia is a key supplier, including aluminum, nickel and platinum. (shopmetaltech.com)
  • The price gap between the two has narrowed, suggesting that price parity between the two most heavily traded platinum group metals (pgms) might be reached in the medium term after palladium had surged hugely ahead of platinum earlier in the year. (roslandcapital.com)
  • TSX-V-listed American Lithium has arranged a strategic investment for Surge Battery Metals to be completed by way of non-brokered private placement of up to 17.9-million units at $0.40 each. (miningweekly.com)
  • That caused futures, which typically trade close to the London spot price, to soar to a premium, inflicting losses on banks that struggled to close arbitrage bets and spurring them to shift some positions out of New York futures. (straitstimes.com)
  • The spread between silver futures and spot prices ended the second quarter at the highest in nearly four decades. (straitstimes.com)
  • Platinum open interest, a tally of outstanding futures contracts, is near the lowest in eight years and is down more than 56 per cent from a peak in January. (straitstimes.com)
  • Gold might hit $1,000 and platinum might hit $2,000 by the end of the first quarter, said William Kwan, dealer at Phillip Futures in Singapore. (ibtimes.com)
  • Platinum futures headed for the longest rally in more than two years after China's vehicle sales jumped 46 per cent in 2009, overtaking the US. (nuwireinvestor.com)
  • silver, platinum, and palladium futures also saw gains at the market close. (naturaldeposit.com)
  • Gold futures in New York faced a downturn on Wednesday, recording negative closures as the market contended with a robust upswing in the dollar's strength, influencing precious metal prices. (naturaldeposit.com)
  • In a notable ascent, gold futures surged above the significant threshold of $2,000 on Tuesday (Nov. 21), buoyed by a decline in U.S. bond yields and amid perceptions that the Federal Reserve (Fed) has concluded its streak of interest rate hikes. (naturaldeposit.com)
  • Gold futures witnessed a downturn on Monday (Nov. 20) influenced by a surge in U.S. bond yields, creating a drag on the market as investors slowed trading ahead of the Thanksgiving holiday. (naturaldeposit.com)
  • Gold futures experienced a downward trajectory on Friday (Nov. 17), signaling a corrective trend and profit-taking by investors, following a robust surge witnessed in the preceding session. (naturaldeposit.com)
  • Gold futures surged more than 1% on Thursday (Nov. 16), bolstered by a weakening dollar and a notable drop in US bond yields, amidst growing expectations that the Federal Reserve (Fed) might halt its current trend of interest rate hikes. (naturaldeposit.com)
  • Gold futures experienced a positive rally on Monday, November 13, propelled by a weakening dollar, as investors closely monitored the release of the US Consumer Price Index (CPI) to assess inflation trends and gauge potential shifts in the Federal Reserve's (Fed) interest rate policies. (naturaldeposit.com)
  • Frequently, gold prices go lower as gold futures get sold in volume as U.S. markets open. (goldcore.com)
  • Gold futures faced a downward trajectory on Friday, August 25th, as a potent dollar and an upswing in US bond yields applied pressure to the precious metal's prices. (naturaldeposit.com)
  • In conclusion, the trajectory of gold futures reveals the intricate interplay of economic dynamics, with a strong dollar and rising bond yields weighing on prices. (naturaldeposit.com)
  • Panic-selling hit Tokyo, where platinum and gold futures sank by their daily limits. (bbj.hu)
  • During the first half of 2022, fleets around the country have reported a surge of catalytic converter thefts from company vehicles. (automotive-fleet.com)
  • Palladium lost 5.7% in 2022. (dillongage.com)
  • Platinum surged 10% in 2022. (dillongage.com)
  • According to Bloomberg, silver prices skyrocketed by over 50% in 2022. (mfea.com)
  • Gold and silver had plenty of company in the price doldrums with copper, crude oil, platinum and palladium all moving lower. (townhall.com)
  • Given how low inventories are across copper, nickel and aluminium, sanctions against Russia would likely send prices substantially higher. (crugroup.com)
  • We are confident that platinum, copper and nickel will be among the biggest beneficiaries of the accelerating global transition to electric vehicles and clean energy. (ivanhoemines.com)
  • It mined 200,000 tonnes of the stuff in 2021 but only generated around one-fifth of its revenue from the metal as it is also a sizeable producer of other minerals including palladium, platinum, copper, cobalt and gold. (forex.com)
  • In the same two month period in which iridium has seen a zero percent price change, copper is now only at an 8% drop, nickel an 18% gain and gold a 13% drop. (gold-eagle.com)
  • Copper surged 21 cents (+8.7%) to close at $2.5555 per pound, its highest since March 5th. (worldcupchampionships.com)
  • Gold prices are hovering close to a five-month low as bond yields remain elevated, impacting bullion. (newtradingview.com)
  • Additionally, reduced concerns about a U.S. economic slowdown, coupled with surging bond yields and strong equity market performance, have weakened the appeal of traditional safe-haven gold-backed exchange-traded funds (ETFs). (newtradingview.com)
  • Despite a sharp drop in bullion prices, there was only light physical buying from jewelers, which suggested consumers were waiting for more declines. (bbj.hu)
  • Its sister metal palladium paused but continued to trade near 18-month highs marked this week. (nuwireinvestor.com)
  • Concerns about rising energy prices are front of mind for investors this week with the latest CPI inflation reports for the UK, Germany and the US due tomorrow and all expected to hit multiyear highs, thus putting further pressure on central banks to tighten policy faster. (cmcmarkets.com)
  • Inflation expectations are a key dynamic being closely watched by Fed policymakers as they aggressively raise interest rates to contain price pressures running at four-decade highs. (kitco.com)
  • Silver prices rallied 14.3% this week. (coinnews.net)
  • Silver and platinum have been seeing similar price differentials. (straitstimes.com)
  • On-exchange inventories for silver and platinum surged to a record and remain close to those levels. (straitstimes.com)
  • The most important aspect of this move is the upward pricing pressure that will translate into Gold, Silver, and Palladium. (thetechnicaltraders.com)
  • If our research is correct, we may see a new rally in Gold and Silver fairly quickly as Platinum acts as a catalyst for an inflationary cycle paired with a Commodity rally (very similar to the 1979 to 1980 rally). (thetechnicaltraders.com)
  • Silver prices are $6.04, or 20.0%, lower than the end of last year. (coinnews.net)
  • For the month in London, declines were 8.1% for gold, 14.7% for silver, 4.4% for platinum and 9.2% for palladium. (coinnews.net)
  • With silver prices so low, it should be signaling an over supply of silver. (coinnews.net)
  • Dealers said uncertainties in the dollar's outlook amid the turmoil in credit markets had also encouraged investors to buy platinum as well as gold, silver and palladium. (ibtimes.com)
  • This came out of nowhere, folks, as I whined yesterday about how Gold had lost ground, while Silver gained it the day before… Ok, so now, when do the price manipulators show up with their arms full of short Gold paper trades at the COMEX? (dailypfennig.com)
  • This business is a trusted, dropship model precious metal dealer offering a full range of services including physical gold, silver, platinum, and palladium for sale. (websiteproperties.com)
  • Industries such as electronics, solar energy, and healthcare have all seen a surge in demand for silver. (mfea.com)
  • Historical fact: In the 16th century, Spanish explorers thought platinum was an immature form of silver. (mfea.com)
  • In this session, FNB begins a series titled: Silver Surge. (firstnationalbullion.com)
  • FNB sees and anticipates a huge move and upward progression for the price of silver. (firstnationalbullion.com)
  • This anticipated move in the price and valuation of silver could bring substantial profitability to wise and carefully positioned investors. (firstnationalbullion.com)
  • In the meantime, coins minted out of platinum, palladium, gold, and silver will command real market value based on their metal content regardless of whatever face value is attached to them. (gold-eagle.com)
  • Silver also gained 1% to $15.05, its highest in a week, while platinum gained 0.7% to $813.08. (goldcore.com)
  • July silver fell $1.02 (-5.5%) with its $17.479 settlement price. (worldcupchampionships.com)
  • The allure of trading gold, silver, platinum, and palladium from the comfort of your home has captivated the attention of investors worldwide. (lucykingdom.com)
  • The higher than anticipated CPI level of the past week has, on reflection by the markets, led to a significant price boost for gold and silver in particular, which they have managed to hold on to for the most part over the remainder of the week. (roslandcapital.com)
  • Even so I don't see the silver price rising much above $27 in the short-to-medium term. (roslandcapital.com)
  • Platinum and silver also dropped to their lowest level since December to track gold, while thinly traded palladium touched its weakest since mid-October 2006. (bbj.hu)
  • net global palladium demand is forecast to decline by 3.8 per cent to 6.52 million ounces this year according to Johnson Matthey. (kitco.com)
  • The FTSE 100 has also had a poor start to the week with the decline in oil prices weighing on the energy sector as concerns grow about a sharp drop in demand in China, as a result of the draconian covid restrictions being implemented in Shanghai. (cmcmarkets.com)
  • The decline in gold prices comes as long-term U.S. Treasury yields climbed to their highest level since November, fueled by positive employment and economic data that indicated easing inflation. (ratecaptain.com)
  • Explore insights on annual house price decline and its impact on the market. (ishookfinance.com)
  • However, there is a glimmer of hope as the pace of annual house price decline showed signs of easing during the same period. (ishookfinance.com)
  • Gold prices experienced a decline last week, touching their lowest point since mid-March at $1,883.70. (newtradingview.com)
  • This could lead to a further decline in dollar purchasing power and thus gold price strength. (roslandcapital.com)
  • Gains in commodity prices, aided by a weaker rand, began to bring the industry back into profitability (in 2019)', it states. (miningdecisions.com)
  • Implats' share price has continued to rise since PwC's SA Mine 2019 was published in September. (miningdecisions.com)
  • Sibanye-Stillwater more than tripled to ZAR40 over the year, while Northam Platinum rose from ZAR41 in January 2019 to ZAR140 in January 2020. (miningdecisions.com)
  • Benefit has accrued especially to Sibanye-Stillwater, which bought the pure palladium Stillwater assets in the US for US$2.2 billion, taking possession in June 2019. (miningdecisions.com)
  • Platinum prices hit a record high for the eighth straight trading day on Monday on worries power problems in top producer South Africa would hit output badly. (ibtimes.com)
  • Platinum, used in jewellery and autocatalysts, has risen 25 percent so far this year, on the top of 37 percent gains in 2007, after power shortages disrupted mining in South Africa, triggering worries about a bigger market deficit for 2008. (ibtimes.com)
  • Palladium has catalytic properties and is essential for vehicle emission control systems. (mfea.com)
  • Anglo Platinum, the world's top platinum producer, said full-year earnings per share fell and it cut its 2008 production forecast mainly due to the power crisis. (ibtimes.com)
  • South Africa's Impala platinum, the world's second-biggest platinum producer, and Northam Platinum also faced power problems. (ibtimes.com)
  • The bulk of the world's platinum is used by automakers in autocatalyst systems that scrub exhaust fumes of dangerous and environmentally damaging chemicals. (bbj.hu)
  • The frequency of thefts of catalytic converters tends to increase as certain commodity prices increase. (automotive-fleet.com)
  • In today's world of elevated commodity prices, making a quick buck from an easy heist is a no-brainer for many criminals. (automotive-fleet.com)
  • The weakening dollar is a significant factor in most agricultural commodity prices that are denominated in US dollars. (worldcupchampionships.com)
  • While EV demand currently makes up just 3% of nickel demand, that figure is projected to surge to a fifth in the coming years and the price of the metal will be driven by the success of EV s, according to the bank. (risk.net)
  • In the past decade, white metal wedding bands have seen a huge surge in demand, rising above yellow gold in popularity for their clean, modern feel, demure hue, and sophisticated shine. (weddingrings.net)
  • However, the low palladium price will boost physical investment demand and jewellery demand will rise slightly. (kitco.com)
  • However, investors seem aware of the imbalance between demand and current mine production and are bullish for the palladium price over the longer term. (kitco.com)
  • Demand for palladium will benefit from a recovery in vehicle production volumes and if the funds continue to invest the palladium price could rise to $390 during the next six months. (kitco.com)
  • demand for platinum jewelry is surging to a six-year high after a plunge in prices spurred record Chinese consumption, compensating for the weakest usage by carmakers since 2000. (kitco.com)
  • This move in Platinum is more likely related to the increasing inflationary pressures we've seen in the Commodity sector coupled with the increasing demand from the surging global economy (nearing a post-COVID-19 recovery). (thetechnicaltraders.com)
  • Pay attention to what is happening with Platinum and you'll start to understand the inflationary/institutional demand for this unique metal. (thetechnicaltraders.com)
  • Gold prices jumped 4.2% last week, marking the first weekly gain in five weeks as physical demand for gold bars and gold coins soared. (coinnews.net)
  • While often overshadowed by gold, platinum has made a strong run with the help of a new US exchange traded fund and strong demand for cars in China. (nuwireinvestor.com)
  • Since governments are enforcing stricter regulations on car pollution, demand for palladium could surge. (mfea.com)
  • Factors such as supply and demand, geopolitical events, and economics influence its prices. (mfea.com)
  • Its rarity combined with the growing demand in various industries has influenced its price dynamics. (goldirainvestmentguy.com)
  • For one, demand for oil is surging. (gold-eagle.com)
  • the laws of economics suggest that high demand against a fixed supply will deliver high prices . (ecotradegroup.com)
  • Now, though, this increased demand for palladium has led to a surge in both its importance and its price. (ecotradegroup.com)
  • So where does iridium stand today as our bellwether of real commodity demand pricing? (gold-eagle.com)
  • Over the next week, the market will be waiting for the US Federal Reserve on Wednesday and will be awaiting the results of data from the US including Retail Sales and the Producer Price Index Final Demand (PPI-FD). (goldmoney.com)
  • Silver's likely strength will depend perhaps more on industrial demand than movement along with the gold price as has been the case in the past. (roslandcapital.com)
  • Oil prices continued their upward trajectory on Monday, adding to gains accumulated over the past few weeks, with WTI crude. (ratecaptain.com)
  • As prices stabilize, reclaiming the 200-day moving average becomes significant for potential upward movement. (newtradingview.com)
  • Platinum is a precious metal known for its use in jewelry and industrial applications such as catalytic converters. (diamondrensu.com)
  • In conclusion, platinum is a versatile and highly valued precious metal that has found a range of uses due to its unique properties. (diamondrensu.com)
  • If a company of Implats' size and experience is not about to take the plunge into a new palladium project - one that would create jobs and contribute to South Africa's GDP and export earnings - who will? (dailymaverick.co.za)
  • It is in platinum, where South Africa's four listed producers - Anglo American Platinum (Amplats), Impala Platinum (Implats), Northam Platinum and Sibanye-Stillwater - dominate the global market that the turnaround has been most impressive. (miningdecisions.com)
  • Sibanye-Stillwater was heavily indebted, Implats was running at a loss and the fifth platinum miner, Lonmin (now owned by Sibanye-Stillwater), appeared to be heading for business rescue. (miningdecisions.com)
  • Both Northam Platinum and Implats have adopted similar North American diversification strategies. (miningdecisions.com)
  • Under Implats, North American Palladium will remain an operationally distinct entity. (miningdecisions.com)
  • Total supplies of palladium, including the sale of 960,000 ounces from Russian state stocks, are expected to fall by 1.8 per cent to 7.18 million ounces. (kitco.com)
  • Angloplat's 2007 production and refined platinum ounces fell by 6 and 12 percent respectively to 2.47 million ounces, mainly because of safety-related shutdowns, and it again revised down its 2008 output forecast to 2.4 million ounces. (ibtimes.com)
  • Importantly, analysts also flagged that the extreme rise in nickel prices in recent days has also been the result of a short-squeeze, as large numbers of investors with short positions on the metal have had to exit their positions to counter their losses, which in turn has only fuelled the price increase. (forex.com)
  • Investors must know the trends and events that can influence gold's price. (mfea.com)
  • WASHINGTON, Aug 8 (Reuters) - A sweeping bill passed by the U.S. Senate on Sunday and intended to fight climate change, lower drug prices and raise some corporate taxes, will bring down inflation over the medium to long term and cut the deficit, ratings agency Moody's Investors service told Reuters on Monday. (kitco.com)
  • Investors are thereby encouraged to seek IRA-approved palladium products to avoid any tax complications or legal issues. (goldirainvestmentguy.com)
  • By doing so, it not only reassures current investors but also builds confidence among potential investors exploring the enticing world of palladium investment. (goldirainvestmentguy.com)
  • It is a vital step in ensuring that investment in palladium remains a viable, trustworthy, and attractive option for investors of all levels. (goldirainvestmentguy.com)
  • New investors might prioritize educational resources or customer support, while seasoned investors may focus on pricing and market reputation. (goldirainvestmentguy.com)
  • With investors anticipating insights from the upcoming Jackson Hole Symposium, the modest recovery in gold bar prices is driven by both dollar correction and bargain hunting at current levels. (newtradingview.com)
  • Analysts say the platinum deficit could widen to more than 400,000 ounces by the end of 2008, compared with about 265,000 ounces in 2007. (ibtimes.com)
  • Proving most of the expert analysts right, platinum has showed the world that it is the metal to watch in 2010. (nuwireinvestor.com)
  • The price has surged so much that some analysts have cautioned about a possible correction for the surging PGM. (spendmatters.com)
  • Oil prices gave up very little in this morning's action, dropping only 28 cents, to $78.62 per barrel. (kitco.com)
  • Attention now shifts to expectations for next week and on that note, two major surveys are bullish for gold prices in the coming days. (coinnews.net)
  • Thirteen participants expect higher prices next week compared to four who were bullish and five who were neutral. (coinnews.net)
  • The Russia-Ukraine conflict has sent the price of commodities soaring as markets fret the isolation of Russia by western governments will remove significant supplies of everything from wheat and corn to palladium and nickel from the market. (forex.com)
  • Reports surfaced overnight that the price of three-month LME nickel hit a new all-time high after briefly surpassing the $100,000 per metric tonne mark. (forex.com)
  • The surge was so great that the London Metal Exchange (LME) suspended trading of nickel this morning, citing an 'unprecedented overnight increase' and noting that the ongoing escalation of events in Ukraine was contributing to the volatile price movements. (forex.com)
  • Notably, BHP said just today that the surge in the price of nickel will spill over into the price of other commodities, fuel further inflation and hinder global growth. (forex.com)
  • Let's have a look at some of the major publicly-traded nickel producers and how they are performing amid higher nickel prices. (forex.com)
  • Norilsk Nickel accounts for over 8% of global nickel supplies alone based on data from Statista, helping to explain why the price of the metal has surged so much in recent weeks. (forex.com)
  • One of the most popular wedding ring materials on the market, white gold is also one of the more affordable options, falling somewhere in the middle of the white metal price scale and far under the price tag of platinum. (weddingrings.net)
  • Platinum is a strong and dense metal, 1.6 times heavier than 14k gold of the same size. (weddingrings.net)
  • Also, platinum is a hypoallergenic metal, and therefore won't have any adverse skin reactions for buyers and wearers of platinum jewelry. (weddingrings.net)
  • Palladium began to appear on the jewelry market in 1939 as a less expensive alternative to platinum, and partly in response to platinum's allocation as a strategic metal during WII (which meant platinum was unavailable for jewelry use). (weddingrings.net)
  • Palladium is considered a "platinum group" metal on the periodic table, and shares platinum's naturally white color and hardness. (weddingrings.net)
  • Palladium is the platinum group metal (PGM) of choice in petrol catalytic converters, which reduce emissions from vehicle engines. (dailymaverick.co.za)
  • The white metal surged 3.5% last week. (coinnews.net)
  • With China last week announcing that it has become the largest auto market in the world, platinum and base metal prices have seen a surging tendency. (nuwireinvestor.com)
  • Platinum is another metal with industrial applications such as car manufacturing and jewelry production. (mfea.com)
  • Environmental considerations: Platinum is an eco-friendly metal and is used in renewable energy technologies . (mfea.com)
  • Palladium, a lustrous white metal, has seen a significant surge in interest as an investment. (goldirainvestmentguy.com)
  • And when it comes to speculation, trading on margin without ever having to take delivery of any metal contract is seen as a vehicle to grossly inflate an asset price. (gold-eagle.com)
  • Platinum: This dense, malleable metal has applications in various industries, including automotive and jewellery. (lucykingdom.com)
  • Understand market trends, technical analysis, and the factors influencing metal prices. (lucykingdom.com)
  • Palladium is an essential metal used in the production of catalytic converters. (shopmetaltech.com)
  • The news will not be good for industrial users and could push the price closer to $2,000, Kendall said. (ibtimes.com)
  • The National Insurance Crime Bureau has been tracking the surge in catalytic converter thefts, and says there's been about a ten-fold increase in thefts since 2018, with more than 14,000 reported being swiped in 2020. (hawaiipublicradio.org)
  • Palladium rose 2% last month after rising 3.7% in March. (dillongage.com)
  • Palladium has surged 7% this week and rose another 0.4% to $1,450/oz today. (goldcore.com)
  • Stay ahead of carbon market dynamics with accurate forecasts, in-depth analysis, and comprehensive data on carbon prices and forecasts of future carbon prices over the short to long term. (crugroup.com)
  • CRU price assessments are supported by our deep understanding of commodity market fundamentals, the operation of entire supply chains and our broader market understanding and analysis capability. (crugroup.com)
  • The palladium market is therefore forecast to be in oversupply in 2009 by 655,000 ounces. (kitco.com)
  • The existence of a surplus in the palladium market has weighed on the price over recent years. (kitco.com)
  • China's auto market has surpassed the US in terms of sales which directly affects the platinum market, since Automakers account for almost two-thirds of global platinum consumption. (nuwireinvestor.com)
  • As the global market for palladium expands, it becomes an increasingly appealing part of a diversified investment portfolio. (goldirainvestmentguy.com)
  • By adhering to standardized quality control measures, IRS-approved palladium products eliminate the chances of counterfeit or substandard products entering the market. (goldirainvestmentguy.com)
  • These companies stand as market leaders in providing IRA-approved palladium. (goldirainvestmentguy.com)
  • The answer lies not in derivatives adding a huge price premium across the entire six year bull market but rather because they add a short-term volatility premium at points of consolidation. (gold-eagle.com)
  • Two weekends ago, we wrote about how even in a rough market, the right small cap stocks are capable of delivering "share price catalysts" that are so impactful on the future prospects of the company that their share price can still go up despite horror market conditions. (nextinvestors.com)
  • this week our investment GAL released drilling results showing a new major palladium/platinum discovery that saw its share price surge as high as 250% at open on record volume - even though much of the ASX small cap market was well in the red all week. (nextinvestors.com)
  • It shows how a highly material small cap result can deliver a share price catalyst that defies a correcting market. (nextinvestors.com)
  • We wonder what the GAL share price reaction might have been like during "peak Julimar" excitement last year, instead of the 250% open it managed in the middle of a global market correction. (nextinvestors.com)
  • We don't usually Invest close to share price catalysts because some speculation on a good result is usually built into the share price, which means the share price may fall if the result doesn't meet market expectations - even if the result is actually quite good. (nextinvestors.com)
  • Techcet, a market research firm based in California, estimates that more than 90 per cent of neon used for U.S. semiconductors is sourced from Ukraine and nearly 35 per cent of palladium used in the U.S. comes from Russia, CAR reports. (shopmetaltech.com)
  • Each unit will consist of one common share and one share purchase warrant exercisable for a period of three years at a price of $0.55 a share. (miningweekly.com)
  • So, like I just said, the dollar saw little to no movement yesterday, But I do want to point out that while the BBDXY remained at 1,170 for the day, the dollar did lost ground, to Gold… The price of Oil remained high, with just a little slippage, and bonds rallied… Wait, What? (dailypfennig.com)
  • In an unprecedented surge, platinum prices climbed to a 17-month high on Wednesday drawing strength from the recently announced exchange-traded funds in the US. (nuwireinvestor.com)
  • Platinum is often favored for its durability, high purity, and natural white finish. (diamondrensu.com)
  • Oil Prices Surge Towards 10-Month High on IEA. (ishookfinance.com)
  • CLX ) has seen its share price jump more than 10% in the last month and touched a 52-week high of $177.77. (moneyandmarkets.com)
  • But it was about to surge, propelled by moves toward petrol from diesel engines in key markets such as Europe. (dailymaverick.co.za)
  • Now, the combination of this type of rally in Platinum combined with the Commodity rally and the inflationary pressures suggests the global markets could be in for a wild ride over the next 12 to 24+ months. (thetechnicaltraders.com)
  • The sentiment has been reflected across the small cap markets and much of our Portfolio, as skittish holders sell small cap positions into thin buy sides, which can push down share prices on low volumes. (nextinvestors.com)
  • Platinum also is used as the catalyst in zero-emission, hydrogen-powered, fuel-cell electric vehicles now being developed by many of the leading, global automakers, such as Honda, Toyota, BMW, Mercedes-Benz and Hyundai. (ivanhoemines.com)
  • Automakers account for almost two-thirds of global platinum consumption. (nuwireinvestor.com)
  • Should gas prices continue to rise, automakers could see a significant impact on consumer buying habits," CAR predicts. (shopmetaltech.com)
  • In response to ongoing production cuts by Saudi Arabia and Russia, Morgan Stanley has revised its Brent oil price predictions. (ratecaptain.com)
  • For both, Friday's settlements were the highest since March 6th, just before the Russia-Saudi Arabia price war kicked in. (worldcupchampionships.com)
  • All three major U.S. stock indexes were bludgeoned on news Saudi Arabia is ratcheting up its oil production to drop oil prices and force Russia to the negotiating table regarding oil policy. (moneyandmarkets.com)
  • Both Russia and Ukraine are critical suppliers of palladium and neon gas, which are used to produce engine after-treatment parts and semiconductor chips. (shopmetaltech.com)
  • Her statements only served to bolster the growing consensus that the Federal Reserve is poised to enact another rate hike in September, intensifying the downward pressure on gold prices. (naturaldeposit.com)
  • The main refiners such as Engelhard and Johnson-Matthey set a base price to which dealers then add their bid-ask spread produce it. (gold-eagle.com)
  • Staying Updated: Global events, economic indicators, and geopolitical tensions can influence its prices. (lucykingdom.com)
  • The rising cost of commodities due to inflationary pricing pressures and supply chain constraints is impacting fleets in a variety of ways, such as higher prices for replacement tires or higher prices for aluminum and steel used to manufacture aftermarket equipment or other accessories used to upfit work vehicles. (automotive-fleet.com)
  • It was gobbled up by private banks in Singapore and Hong Kong to protect portfolios following an oil price rally that saw Brent crude push through $80 per barrel for the first time since November 2014. (risk.net)
  • One of the most notable applications of palladium is its use in catalytic converters which are found in automobiles. (diamondrensu.com)
  • Possibly this is the reason why platinum wedding rings have surged in pupularity with jewelry designers and consumers alike. (weddingrings.net)
  • Specifically, IRA-approved palladium, available in the form of coins and bars, requires endorsement by the Internal Revenue Service (IRS) . (goldirainvestmentguy.com)
  • Two weekends ago we compiled a list of upcoming POTENTIAL share price catalysts in our Portfolio - including GAL's upcoming drilling results that turned out to be a discovery (list repeated below). (nextinvestors.com)
  • Platinum is in the spotlight this week as a potential political solution to a trillion-dollar problem. (gold-eagle.com)
  • Palladium is on track for its best week in nearly 9 months. (goldcore.com)
  • If this coincides with a continued general Commodity price rally, then we may start to see an inflationary cycle setting up that really change things - very quickly. (thetechnicaltraders.com)
  • This type of "triple-whammy" is very similar to the commodity/inflationary price rally that took place in the late 1970s and early 1980s. (thetechnicaltraders.com)
  • After that rally stalled a bit, a bigger commodity price rally took place in 1979 that prompted a much bigger Gold price rally and started an inflationary price cycle that prompted the US Fed to take aggressive action in curtailing inflation. (thetechnicaltraders.com)
  • We believe the rally in Platinum is a strong signal that a Commodity price rally is initiating and that an inflationary price cycle may be starting. (thetechnicaltraders.com)
  • This Daily Platinum chart highlights the recent upside breakout rally that has prompted a rally from $1050 to $1250+. (thetechnicaltraders.com)
  • While platinum has been a popular choice for investment and luxury items due to its rarity, density, and resistance to corrosion, palladium has gained prominence in recent years due to its unique characteristics. (diamondrensu.com)
  • In recent months, Calgary has witnessed a troubling surge in catalytic converter thefts, leaving vehicle owners grappling with costly repairs and inconvenience. (chtoyota.com)
  • Palladium was all the rage a few months ago, but the Covid-19 pandemic has dramatically altered the global economic landscape and mining companies are focused on cash preservation rather than expansion. (dailymaverick.co.za)
  • However, both elements could contribute to the metal's price strength moving forwards. (roslandcapital.com)
  • However, any weakness in gold and platinum prices or a strengthening of the Dollar may undermine the price with the possibility that palladium could trade down to $290 during the same period. (kitco.com)
  • Yellen has dismissed the trillion-dollar platinum coin proposal as a gimmick. (gold-eagle.com)
  • Gold prices saw a resurgence on Friday as the U.S. dollar weakened against the yuan, driven by encouraging economic data. (ratecaptain.com)
  • This can be particularly tough for the scrap catalyst collector who wants to obtain the best possible price for his goods. (ecotradegroup.com)
  • In the early years of this century, platinum was, by far, the major PGM catalyst, but, as environmental pressures and resultant legislation has grown, so the catalyst manufactures have changed configurations to improve efficiencies and to reduce costs. (ecotradegroup.com)
  • Small cap companies are working hard to deliver that holy grail share price catalyst, but the majority will fail OR deliver just an average result. (nextinvestors.com)
  • The platinum-to-palladium ratio at the Platreef Mine is approximately 1:1. (ivanhoemines.com)
  • Palladium fell $6 to $368 in early going in NY. (kitco.com)