• Negative investment demand is due to net sales from physically backed Exchange Traded Funds (ETFs) over the period. (sprott.com)
  • Since then, we have seen almost 800,000 ounces of platinum being taken out of the market via ETFs, and the platinum price is actually lower now than at the start of May. (lbma.org.uk)
  • In the first quarter of 2023, trading in ETFs accounted for 32% of the total dollar volume of stock market trading in the U.S., 11% of trading volume in Europe, and 13% of trading volume in Asia. (wikipedia.org)
  • ETFs are regulated by governmental bodies (such as the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission in the United States) and are subject to securities laws (such as the Investment Company Act of 1940 and the Securities Exchange Act of 1934 in the United States). (wikipedia.org)
  • Closed-end funds are not considered to be ETFs, even though they are funds and are traded on an exchange. (wikipedia.org)
  • In particular, the arrival of two new ETFs makes it easier than ever to invest in platinum and palladium, two precious metals with a wider array of industrial uses than gold and silver. (kiplinger.com)
  • The creative names of these new vehicles are ETFS Physical Platinum Shares (symbol PPLT ) and ETFS Physical Palladium Shares ( PALL ). (kiplinger.com)
  • Dechert's exchange-traded funds (ETFs) team is part of the firm's financial services and investment management practice of over 200 lawyers in 17 of our 21 offices, recognized around the world as a leading advisor for financial services. (dechert.com)
  • We are also leaders in the development of exchange-traded commodities (ETCs) in Europe, advising on the formation of commodity and currency ETFs as well as related commodities' regulatory issues. (dechert.com)
  • Dechert's financial services group has a leading exchange-traded funds (ETFs) practice. (dechert.com)
  • While exchange-traded fund (ETF) traders can't yet jump into the fray with bitcoin ETFs, they certainly can with gold and silver. (etftrends.com)
  • Investors looking to invest in precious metals ETFs could try the SPDR Gold MiniShares (NYSEArca: GLDM) and SPDR Gold Shares (NYSEArca: GLD) as a great way to play the market, while silver bulls could try the iShares Silver Trust (SLV) and the Aberdeen Standard Physical Silver Shares ETF (SIVR) , two of the largest exchange traded funds backed by holdings of physical silver. (etftrends.com)
  • April platinum settled down $3.90, or 0.4%, to $982.10 an ounce , ranging between $969.10 and $984.60. (coinnews.net)
  • Palladium for March delivery rose $6.20, or 0.3%, to fresh a record settlement of $2,079.10 an ounce . (coinnews.net)
  • Platinum price peaked at US$2,252 per troy ounce in March 2008 driven on production concerns (brought about partly due to power delivery problems to South African mines). (wikipedia.org)
  • As of 21 November 2022, the platinum spot price in New York was $980 per ounce, compared to $1,742 per ounce for gold and $20.84 per ounce for silver. (wikipedia.org)
  • As the cost of platinum per ounce fell, the cost per ounce for other metals in the platinum group - especially palladium - rose strongly. (wikipedia.org)
  • As of November 2022, palladium sits at around US$1900 per ounce, compared to US$980 for platinum. (wikipedia.org)
  • Notice that at its peak in March, a troy ounce of palladium was worth almost two ounces of platinum. (agoracom.com)
  • Jeffrey Christian, managing director of the CPM Group, a commodities-research firm in New York City, says the price of platinum, now $1,580 an ounce, could go to as high as $1,800, and that of palladium could hit $525, from $442 currently. (kiplinger.com)
  • Palladium for September delivery was off $4.50, or 0.8%, to $582.20 an ounce , trading between $575.50 and $587.40. (coinnews.net)
  • Palladium jumped 1.2% to $2,215.03 per ounce, while platinum climbed 3.6% to $775.51. (moneyandmarkets.com)
  • Platinum slid as much as 1.8% to $1,008.89 an ounce, the lowest since Dec. 23, and traded at $1,013.29 at 1:44 p.m. in New York. (mining.com)
  • In volatile trade, spot gold fell 1% to $1,594.18 per ounce by 0743 GMT, after rising as much as 1.6% earlier in the day. (gulftoday.ae)
  • Among other precious metals, palladium climbed 1.9% to $1,968.80 per ounce, while platinum gained 2.6% to $726.61. (gulftoday.ae)
  • Platinum is currently trading at about $950 an ounce, about half the price of palladium. (actionext.com)
  • The main reason for the rise in demand is because of the industrial uses for palladium in catalytic converters and electronic components. (firstnationalbullion.com)
  • The dominant use of palladium today is in catalytic converters used to control emissions from gasoline and diesel internal combustion engines in passenger and light-duty commercial vehicles. (sprott.com)
  • In addition, the strikes in South Africa and the demand for palladium for use in catalytic converters in the automobile industry, are creating fears of a supply/demand mismatch in the future. (goldmoney.com)
  • Still, Gordon said he expects a recovery in catalytic-converter demand, and he forecasts more of the metal will be used instead of palladium. (mining.com)
  • While carmakers prefer palladium for catalytic converters, they are turning to platinum, which is cheaper than palladium, to save costs. (actionext.com)
  • Global gold demand excluding over-the-counter (OTC) trading fell 2% year-on-year in the second quarter of 2023 as central banks slowed their purchases and consumption by the technology sector remained soft, the World Gold Council (WGC) said on Tuesday. (indiatimes.com)
  • A plus for platinum is a supply shortage stemming from power cuts in South Africa, the world's largest producer of the metal. (kiplinger.com)
  • SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, said its holdings fell 0.4% on Tuesday. (indiatimes.com)
  • GoldMoney is one of the world's leading providers of physical gold, silver, platinum and palladium for retail and corporate customers. (goldmoney.com)
  • Indicating investors' appetite for gold, holdings in the world's largest gold-backed exchange-traded fund, SPDR Gold Trust, rose 1.3% to 935.98 tonnes on Tuesday. (gulftoday.ae)
  • Russia accounts for about 25-30% of the world's palladium supply and 8-10% of its platinum supply. (actionext.com)
  • The prices for gold, silver, platinum and palladium coins and bars keep on fluctuating because of the risk factors that cause price volatility. (bulliontradingllc.com)
  • Prices for American Eagles are determined by the current price of gold, silver, platinum, or palladium. (bulliontradingllc.com)
  • Consequently, the price of bullion coins and bars changes daily as the markets for gold, silver, platinum, and palladium fluctuates. (bulliontradingllc.com)
  • In futures trading Monday, palladium registered another record while gold, silver and platinum ended lower. (coinnews.net)
  • Silver futures traded between $17.93 and $18.13. (coinnews.net)
  • With us you can probably find the largest selection of metals for trading among Forex brokers: Silver, Platinum, Palladium, Aluminum, and Zinc. (superforexid.com)
  • Compared to gold, which is the main metal used for trading, silver has a higher volatility. (superforexid.com)
  • Platinum as an investment is often compared in financial history to gold and silver, which were both known to be used as money in ancient civilizations. (wikipedia.org)
  • Experts posit that platinum is about 15-20 times scarcer than gold and approximately 60-100 times scarcer than silver, on the basis of annual mine production. (wikipedia.org)
  • To be saleable on most commodity markets, platinum ingots must be assayed and hallmarked in a manner similar to the way gold and silver are. (wikipedia.org)
  • From the bustling bazaars of ancient civilisations to the digital marketplaces of today, the trading of precious metals, such as gold, silver, platinum, and palladium, remains a lucrative and appealing venture. (forexlive.com)
  • Precious metals trading involves buying or selling commodities like gold, silver, platinum, and palladium. (forexlive.com)
  • The market provides high liquidity, ensuring ease in executing trades due to substantial trading volumes, with gold and silver frequently taking centre stage. (forexlive.com)
  • BofA also pointed to gold's upside in 2022 while also highlighting positive outlooks for silver and platinum. (kitco.com)
  • I went back through 20 years of my trading strategies to create a Free New "5-Step Technical Analysis Guide to Gold but can easily apply to Silver or the S&P 500. (kitco.com)
  • THREE of them (gold, silver and platinum) are used for jewelry. (conservativetruth.org)
  • Silver, platinum and palladium exceeded gold's 7.1% gain last year. (nasdaq.com)
  • They rose 12% last year, compared with increases of 9.4% for silver products, 16% for platinum and 11% for palladium. (nasdaq.com)
  • These five exchange-traded funds give investors a stake in gold, silver, platinum and palladium. (kiplinger.com)
  • Across the spectrum of precious metals this week, registered gains included 0.8% for gold, 0.9% for silver and 0.7% for palladium. (coinnews.net)
  • Silver traded between $27.530 and $28.315. (coinnews.net)
  • For the year, silver is up a modest 0.5% while platinum and palladium are down 0.4% and 11.3%, respectively. (coinnews.net)
  • Spot silver added 0.2% to $24.37, platinum held steady at $931.01, and palladium rose 0.5% to $1,246.49. (indiatimes.com)
  • For gold and silver it was more of a week of profit taking, and there were more sellers than buyers in the quiet trading which is the first time we've seen that this year. (goldmoney.com)
  • Investing in silver, platinum, and palladium also offers inflation protection. (mfea.com)
  • Spot gold, silver and palladium slipped. (mining.com)
  • Typically, if we're going to enter a period of lower growth [and]lower demand, silver will tend to underperform, like we saw over a year ago when China trade tariffs kind of took place," Stutland. (etftrends.com)
  • precious metals , such as gold and silver, are not traded on the London Metal Exchange, but on the over-the-counter market usually referred to as the London Bullion Market. (europa.eu)
  • Gold off 0.2% to $1,089.56, Silver down 0.7% to $14.65, Platinum slipped 3.6% to $946.99 and Palladium down 3.3% at $598.47. (goldmoney.com)
  • Trade in CFDs on a wide range of universal commodities, including gold (XAU), silver (XAG) and oil (CL, WTI) with a regulated broker provider giving you access to different asset classes,sophisticated risk management and trading tools. (fpmarkets.com)
  • Choose from gold, silver, platinum, and palladium to invest in something a little special. (revolut.com)
  • I then back tested trading the gold:silver ratio back and forth (from a ratio of 75 high down to 50 low) during those times that you held your gold position. (gold-eagle.com)
  • See my article a couple of years ago regarding trading the gold:silver ratio. (gold-eagle.com)
  • Larry LaBorde sells precious metals through Silver Trading Company LLC. (gold-eagle.com)
  • Since 2001, Silver Trading Company has offered high volume sales of gold, silver, platinum and palladium to serious investors around the world. (gold-eagle.com)
  • Please visit Silver Trading Company's website at www.SilverTrading.net . (gold-eagle.com)
  • Visit Silver Trading Company, LLC at www.silvertrading.net for all your precious metals & storage needs. (gold-eagle.com)
  • Previously, I spent 10 years in London trading crude oil options for British Petroleum and structuring commodity investment products for Barclays Capital. (investec.com)
  • Platinum is traded as an ETF (exchange-traded fund) on the London Stock Exchange under the ticker symbol LSE: PHPT and on the New York Stock Exchange as ticker symbols PPLT and PLTM There are also several ETNs (exchange-traded note) available, some of which are inverse to the price of platinum. (wikipedia.org)
  • The biggest source of demand for platinum ( PPLT ) and palladium ( PALL ) is the automotive industry where emission standards are becoming increasingly stringent. (agoracom.com)
  • Approximately 75% of global platinum is mined in South Africa. (wikipedia.org)
  • The firm emphasises that the South African platinum mining industry is "suffering" and, moreover, a couple of mine closures have been offset by some mining companies expecting growth in output going forward, as well as expansion in output outside South Africa. (miningweekly.com)
  • South Africa is Japan's main trading partner on the continent (Figure 1). (howwemadeitinafrica.com)
  • While most of what Japan imports from South Africa are platinum and iron ore, Japan mostly exports vehicles to South Africa. (howwemadeitinafrica.com)
  • In a nutshell, the general market consensus is that the platinum and palladium markets are in deficit. (lbma.org.uk)
  • We forecast deficits for the platinum market of more than 450,000 ounces in 2014, with the deficit decreasing slightly in 2016. (lbma.org.uk)
  • Recycling has made more palladium available, but supplies have yet to eliminate the deficit in the market for palladium. (agoracom.com)
  • Platinum will have a surplus, and palladium, a deficit. (agoracom.com)
  • There is a common misperception that the platinum market has been in a deficit for many years. (miningweekly.com)
  • The total trade balance, excluding non-monetary gold and other precious metals, decreased by £5.2 billion to a deficit of £1.7 billion in the three months to May 2020, as exports fell by £47.7 billion and imports fell by a lesser £42.6 billion. (ons.gov.uk)
  • The total trade deficit, excluding non-monetary gold and other precious metals, narrowed by £28.8 billion to £5.5 billion in the 12 months to May 2020. (ons.gov.uk)
  • The trade in goods deficit, excluding precious metals, narrowed by £1.3 billion to £23.8 billion in the three months to May 2020. (ons.gov.uk)
  • If you know a particular commodity well, or have a great computer algorithm, you may be able to make money trading in commodities, such as grains, oil and pork bellies. (conservativetruth.org)
  • Something like, 'If you trade commodities, you may lose your first-born child, and all your hair will fall out. (conservativetruth.org)
  • I work in the Commodities Structuring and Trading team. (investec.com)
  • Platinum dropped to a seven-month low as the spread of the coronavirus dents the outlook for industrial commodities, while a Federal Reserve official indicated the central bank is on course to taper stimulus. (mining.com)
  • Commodity trading is the buying and selling of a wide range of commodities such as energy, metals, oil, gas and agricultural products. (fpmarkets.com)
  • Trading commodities CFDs ("contracts for difference") is a great way to diversify your portfolio and hedge risks. (fpmarkets.com)
  • What are the benefits of commodities trading? (fpmarkets.com)
  • However, when it comes to commodities trading, not all commodities are equal. (fpmarkets.com)
  • With a wide range of commodities on the market, it's important to know what makes a commodity good for trading. (fpmarkets.com)
  • When trading commodities, liquidity is the primary thing you should consider. (fpmarkets.com)
  • The spectacular increase in the price of palladium since 2016, in particular during 2019, has attracted widespread interest from investors, industrial users of palladium and market commentators. (sprott.com)
  • Either way, investors inclined to speculate on the PGM metals have some interesting market action upon which to trade. (gold-eagle.com)
  • According to Monex.com, palladium may also provide some lucrative opportunities for investors. (firstnationalbullion.com)
  • Since 1997, the United States Mint has been selling American Platinum Eagle coins to investors. (wikipedia.org)
  • The rising price and the rise of exchange-traded funds have attracted investors in droves. (kiplinger.com)
  • SPPP provides a secure, convenient, and exchange traded investment alternative for investors who want to hold physical platinum and palladium. (etfdb.com)
  • CPM surmises that, perhaps, even more important to platinum prices is the weakness in fundamentals, which has made investors nervous about absorbing the ongoing market surpluses, further weighing on prices. (miningweekly.com)
  • In addition, platinum and palladium offer ETF investors other options in precious metals. (etftrends.com)
  • The spot, or market, price of platinum, on the other hand, typically fluctuates more, and it didn't make any significant gains in 2021, according to Investing News. (firstnationalbullion.com)
  • For the year as a whole, platinum supply will be 5 percent lower than in 2021 and demand 2 percent higher, with the automotive sector seeing a 16 percent increase due to increased light vehicle concrete foaming agent are still very uncertain. (actionext.com)
  • What did the UK trade with Ukraine in 2021? (ons.gov.uk)
  • Users should be aware of this when comparing values from this article with other UK trade releases, including our recent UK trade with Russia: 2021 article . (ons.gov.uk)
  • This article includes trade in goods data for 2021 and trade in services data for the 12 months to September 2021 (the latest data available). (ons.gov.uk)
  • We also forecast substantial deficits for palladium of over 1.8 million ounces in 2014 and that the deficits will persist into 2016. (lbma.org.uk)
  • Automakers use about 2.5 million to 3 million ounces of platinum and about 8.5 million ounces of palladium each year. (actionext.com)
  • Another investment option is to create a futures contract where a predetermined time and place is designated to buy or sell the platinum. (wikipedia.org)
  • The New York Mercantile Exchange (NYMEX) and the Tokyo Commodity Exchange (TOCOM) trades in platinum futures with a minimum contract size of 50 troy ounces and 500 grams respectively. (wikipedia.org)
  • Platinum futures for October delivery declined 1.5% to settle at $1,005.70. (mining.com)
  • Benchmark spot gold prices continued to trade below US gold futures in a sign that the market is worried air travel restrictions and precious metal refinery closures will hamper shipments of bullion to the United States to meet contractual requirements. (gulftoday.ae)
  • Trading in gold and other precious metals is risky because the market is volatile. (bulliontradingllc.com)
  • Platinum offers the largest and most liquid market of the group. (gold-eagle.com)
  • It also highlighted the importance of understanding the palladium market when considering an investment in palladium or platinum. (sprott.com)
  • Other ways of investing in platinum include spread betting or contracts for difference on the price of the metal, owning shares in mining companies with substantial platinum assets or exposure, owning traded options in platinum (only available in the US market). (wikipedia.org)
  • Despite forecasts for relatively large deficits for platinum and even bigger deficits for palladium, the market does not really seem to trade as a tight market. (lbma.org.uk)
  • Secondly, if you look at lease rates, sponge ingot discounts and so on, and you look at where platinum and palladium are trading, one has to ask why this is happening if market consensus is for large deficits in both markets going forward. (lbma.org.uk)
  • There are other signals in the market that tell us, at least on the consumer side, that there are no major issues about the supply of platinum and palladium yet. (lbma.org.uk)
  • Last week, precious metal selling saw the market decline for three of the five trading days. (dubaichronicle.com)
  • The market operates globally, allowing participants to trade 24/5, similar to the Forex market. (forexlive.com)
  • However, the competition has become somewhat one-sided ever since the platinum market was rocked in 2015 by the emissions scandal or “Diesel Gate†involving Volkswagen ( OTCPK:VWAGY ). (agoracom.com)
  • The two tables reveal that the platinum market has a surplus, with supply exceeding net demand. (agoracom.com)
  • While supplies from mining have stayed roughly the same, platinum recycling is adding to the surplus of platinum in the market. (agoracom.com)
  • Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America. (nasdaq.com)
  • Those who see higher prices suggested that gold's ability to hold above $1,600 is helping the market to form a new bottom in the wider trading range of $1,550 to $1,640… Those who see lower prices said the lack of news and the lower volume gold has seen this month suggests that prices could fall. (coinnews.net)
  • The first ETF of securities traded in the "Dim Sum" market. (dechert.com)
  • We saw some significant buying for Palladium however, which fits with the general market mood. (goldmoney.com)
  • Can I trade when the market is closed? (oanda.com)
  • CPM states that, contrary to market opinions, platinum use in auto catalysts has not declined from 2015 to 2017, but has been growing, albeit at rates of between 0.9% and 2% a year. (miningweekly.com)
  • Further, the firm remarks that jewellery demand, the metal's second-largest, has not made up for the decreased demand for platinum from the automotive market. (miningweekly.com)
  • Further, CPM notes that demand from the US commercial vehicle market is showing signs of slowing, pointing out that, owing to the fact that it accounts for about 40% of the global market, such a slowdown points to further "pain" for platinum on the demand side in the coming years. (miningweekly.com)
  • In fact, with the exception of the period between 2012 and 2014, the platinum market experienced large surpluses, of total supply relative to fabrication demand for most of the time since 2003. (miningweekly.com)
  • CPM highlights that, with all this "well known" in the platinum market, the weakness in platinum fundamentals seems to be, for the most part, already factored into the metal's price. (miningweekly.com)
  • Platinum is moving into a tighter market environment because of a lack of investment on the supply side and the very strong recovery in autocatalyst demand," he said. (mining.com)
  • However, it still expects a significant surplus in the platinum market this year. (actionext.com)
  • FP Markets has carved a niche for itself in the commodity trading market in Australia, offering the optimal trading experience. (fpmarkets.com)
  • Additionally, while total platinum supply, including secondary recovery from scrap, softened in 2016 and is about 13% off its peak in 2006, the decline has not been sufficient. (miningweekly.com)
  • One of the key advantages of investing in these certificates is the simplicity and ease when it comes to trading, as well as the opportunity to gain exposure to valuable precious metals while avoiding any logistical challenges. (publishwhatyoupay.org)
  • GBP/USD slid towards the 1.2650 region in European trading hours on Thursday, holding nearby after the release of US PCE inflation. (fxstreet.com)
  • Removing the effect of inflation, the total trade surplus, excluding unspecified goods (which includes non-monetary gold), narrowed by £2.2 billion to £0.5 billion in the three months to May 2020, as exports fell by £41.1 billion and imports fell by £38.8 billion. (ons.gov.uk)
  • As a result of a favorable outlook, palladium prices have vastly outperformed platinum. (agoracom.com)
  • Platinum has tumbled more than 20% from this year's peak in February as a computer-chip shortage curbed auto production, and increasing electric-car sales cloud the medium-to-long term consumption outlook. (mining.com)
  • The trade in services surplus narrowed by £6.5 billion to £22.1 billion in the three months to May 2020 (Figure 3). (ons.gov.uk)
  • Historically Gold's volatility usually trades within a band of 15-20, so let's call that the "investable bucket. (kitco.com)
  • Gold's rise came alongside gains in global equities after Chinese trade data came in better than expected and as some countries tried to restart their economies by partly lifting restrictions aimed at containing the pandemic. (moneyandmarkets.com)
  • On the other hand, palladium is associated with gasoline engines. (agoracom.com)
  • The emissions scandal has fundamentally altered the landscape for vehicles powered by diesel and gasoline engines and, by extension, platinum and palladium. (agoracom.com)
  • Holdings in gold-backed exchange-traded products were at 2,623.2 metric tons on Jan. 4, 9.3 tons below the record set Dec. 20, data compiled by Bloomberg show. (nasdaq.com)
  • Although we have not seen the launch of a South African physically backed palladium ETF yet, and I guess the jury is out as to what will happen there, the outcome after a few months may be the same as for platinum. (lbma.org.uk)
  • Palladium has outperformed platinum ever since the fundamentals of supply and demand have changed due to the diesel emissions scandal. (agoracom.com)
  • These standards are driving demand for platinum and palladium due to their ability to help reduce harmful emissions. (agoracom.com)
  • Palladium is used by carmakers in tailpipe emissions systems to reduce carbon emissions. (actionext.com)
  • Falling exports and imports in the three months to May 2020 were largely seen in trade in services, which fell by £28.7 billion and £22.2 billion respectively. (ons.gov.uk)
  • Trade in goods, excluding non-monetary gold and other precious metals, saw a £20.3 billion fall in imports and a £19.0 billion fall in exports in the three months to May 2020. (ons.gov.uk)
  • The decrease of the underlying total trade balance was because of exports falling by £47.7 billion to £120.4 billion, while imports fell by a lesser £42.6 billion to £122.1 billion (Table 1). (ons.gov.uk)
  • There is no sign that western sanctions against Russia have restricted palladium exports since the conflict escalated in February, but as the conflict continues, more companies could boycott The Russian metal and governments could impose restrictions. (actionext.com)
  • Production - certain "high tech" or "minor" metals essential for future environmental technologies such as Rare Earth Element (REE) metals or the Platinum Group Minerals (PGMs), are currently only produced outside of the EU in significant quantities. (europa.eu)
  • According to the same source, palladium prices have spiked due to supply shortages and increased demand. (firstnationalbullion.com)
  • Since 2014, platinum prices have fallen lower than gold. (wikipedia.org)
  • That being so, platinum tends to trade at higher per-unit prices. (wikipedia.org)
  • whereas, during periods of economic uncertainty, the price of platinum tends to decrease because of reduced demand, falling below the price of gold, partly due to increased gold prices. (wikipedia.org)
  • Recently, we have been seeing platinum imports into China becoming much more price sensitive than before, and given that jewellery demand is the swing demand for platinum, the growing price sensitivity could cap prices for the time being. (lbma.org.uk)
  • It's more than 'interesting' that platinum prices are lagging gold. (dubaichronicle.com)
  • The chart below tracks the relationship between platinum and palladium prices. (agoracom.com)
  • Investing in raw materials doesn't come without risk -- and, in fact, prices of platinum and palladium are actually more volatile than those of gold. (kiplinger.com)
  • Head of Dealing at Goldmoney, Roland Khounlivong, said the trading levels were quite typical ahead of a long weekend: 'The prices of all the precious metals dropped this week, apart from Palladium which is up by around 10% on the year which is the best performance of all the precious metals for the year so far. (goldmoney.com)
  • The weakness in platinum prices has been driven primarily by softening fabrication demand fundamentals and a lack of commensurate reductions in supply to offset those weaker demand fundamentals, states New York-based research and consulting firm CPM Group. (miningweekly.com)
  • The firm sayss that, while there is potential for platinum prices to decline further, the downside for the metal currently seems limited. (miningweekly.com)
  • CPM remarks that the fate of platinum prices largely rests on the shape of the supply curve over the course of the next five to ten years. (miningweekly.com)
  • Palladium prices, meanwhile, have been going from strength to strength over the past few years, the firm points out. (miningweekly.com)
  • When you choose to trade commodity CFDs, you get access to commodity prices worldwide with high execution speeds, low slippage, deep liquidity and tight spreads. (fpmarkets.com)
  • In this regard, when one looks at imports of palladium versus vehicle production data, questions are being raised about how much palladium China recycles. (lbma.org.uk)
  • CPM elaborates that, as a consequence, platinum imports into China have declined significantly from a 2013 peak, while platinum trading volumes on the Shanghai Gold Exchange are running at about one-third of their 2013 levels. (miningweekly.com)
  • The simmering dispute over trade and exchange rates could break into the open … American politicians … could impose an across-the-board tariff on imports from [China]. (realestateguysradio.com)
  • In order to spread the risks of trading and provide traders with more trading instruments, we offer the opportunity to trade metals. (superforexid.com)
  • Because of this, traders who prefer aggressive trading choose this particular metal. (superforexid.com)
  • The choice of experienced traders, which combines the highest order execution speed and competitive trading conditions. (roboforex.com)
  • I will not go through the usual demand and supply balances for platinum and palladium in this session, but instead touch on key themes we think are relevant in platinum and palladium. (lbma.org.uk)
  • This week saw some of our self-directed trading accounts double and triple their account balances, only to chase the top and end up halved by Friday's close. (kitco.com)
  • Platinum coins are another way to invest in platinum, although relatively few varieties of platinum coins have been minted, due to its cost and difficulty in working. (wikipedia.org)
  • To invest in platinum and palladium, you need to have faith in the strength and durability of the economic recovery. (kiplinger.com)
  • Palladium is a soft silvery precious metal with a low melting point. (firstnationalbullion.com)
  • Platinum is a precious metal that was discovered about a century before palladium. (firstnationalbullion.com)
  • Palladium is worth considering if you prefer a lighter precious metal with the potential to have a higher value if you hold on to it. (firstnationalbullion.com)
  • In purely physical terms, palladium is considered the rarest precious metal on the planet. (forexexplore.com)
  • Customers can trade and store precious metal online easily and securely, 24 hours a day. (goldmoney.com)
  • They are issued by financial institutions or precious metal dealers and offer various advantages such as ease of trading, lower storage costs, and accessibility to a wide range of markets. (publishwhatyoupay.org)
  • An exchange-traded fund ( ETF ) is a type of investment fund and exchange-traded product , i.e. they are traded on stock exchanges . (wikipedia.org)
  • Platinum's wider and more diverse end-uses protects its demand against sudden or unexpected changes in automotive demand far more than is the case for palladium. (sprott.com)
  • The four main demand segments of palladium are shown below with 5-year ranges (2015 to 2019) shown. (sprott.com)
  • China is the biggest jewellery consumer for platinum, consuming almost 70% of platinum jewellery in the world, and demand from this country is important. (lbma.org.uk)
  • The result can be seen in the supply and demand equation for palladium and platinum. (agoracom.com)
  • Supply of palladium falls short of net demand and is driven primarily by the increased demand in the autocatalyst segment. (agoracom.com)
  • Juan Carlos Artigas, investment research manager at the World Gold Council, a gold-mining trade group headquartered in London, argues that a dearth of new gold discoveries, buying by central banks, and demand from China and India suggest that the metal has more room to run. (kiplinger.com)
  • The company notes that one of the biggest sources of weakness has been the reduction in demand for platinum from the automotive sector, which is the largest end-user of platinum. (miningweekly.com)
  • China is the largest consumer of platinum jewellery and a relative slowdown in economic growth in the country over the past few years, coupled with a crackdown on graft, weighed on platinum jewellery demand in China to some extent. (miningweekly.com)
  • The firm says that one factor that has been helping platinum fabrication demand over the past few years has been an increase in demand for commercial vehicles, which use platinum-intensive catalysts, owing to their diesel engines. (miningweekly.com)
  • The firm comments that, while fabrication demand for platinum has been in decline, mine supply has not decreased sufficiently to offset the lack of growth in demand. (miningweekly.com)
  • SESG is a U.S. registered exchange traded fund established pursuant to the U.S. Securities Act of 1933 and is listed on the NYSE Arca. (sprott.com)
  • Exchange-traded notes are debt instruments that are not exchange-traded funds. (wikipedia.org)
  • Trade crypto at our lowest exchange fees of 0.49%, compared to 1.49% (minimum fee €1.49) on Standard plan. (revolut.com)
  • For investment-related purposes, it's generally easier to find solid forms of platinum, such as bars and coins, in a greater variety of sizes and price ranges. (firstnationalbullion.com)
  • Unlike physical platinum, the customer does not own the actual metal but rather has a claim against the bank for a certain quantity of metal. (wikipedia.org)
  • In this guide, Octa endeavours to uncover the intricacies of precious metals trading, providing clear insights and tips for successful trading experiences. (forexlive.com)
  • Upbeat trader and investor attitudes are working against the precious metals markets to start the trading week. (coinnews.net)
  • The metals markets as a whole are trading on the front foot. (moneyandmarkets.com)
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  • Gold turned slightly higher Friday to close out a humdrum trading week in which volume was thin and ranges confined. (coinnews.net)
  • It was overtaken by the other Platinum Group metals (PGM) metals in recent weeks. (gold-eagle.com)
  • The platinum group of elements includes palladium, which is one of the reasons both of these precious metals are very similar in appearance and sometimes mentioned together. (firstnationalbullion.com)
  • New Age Metals Inc. The company owns one of North America’s largest primary platinum group metals deposit in Sudbury, Canada. (agoracom.com)
  • Platinum has come under pressure amid concerns about the delta variant and production misses by car manufacturers due to supply chain issues, said Wayne Gordon, a strategist at UBS Group AG. (mining.com)
  • Whether you're deciding between palladium or platinum or you're building an investment portfolio and looking for the best place to purchase Scottsdale gold and bullion , reach out to the trustworthy professionals at First National Bullion. (firstnationalbullion.com)
  • Read the latest intel on Palladium from the World Platinum Investment Council . (sprott.com)
  • The World Platinum Investment Association (WPIC) said recently that carmakers are accelerating reductions in palladium use and increased use of platinum due to concerns about Russian palladium supplies. (actionext.com)
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