• We expect the supply side of platinum to remain relatively constrained in 2023, with demand from the automotive, industrial and jewellery sectors growing at a decent clip. (lbma.org.uk)
  • Learn more about the Sep 12 2023 USDA supply/demand crop report with Steve Freed's video analysis as well as our USDA Report Infographic. (admis.com)
  • In light of the Federal Reserve pledging not to hike its fed funds rate until possibly 2023, futures at the short end of the curve are likely to hold steady. (admisi.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)
  • Palladium prices for September delivery added $10.85, or 1.9%, to settle at $585.65 an ounce . (coinnews.net)
  • Notice that at its peak in March, a troy ounce of palladium was worth almost two ounces of platinum. (agoracom.com)
  • This month, that trend continues for the two platinum-group metals (PGMs), with U.S. platinum falling 3.6% and U.S. palladium falling 4.2% - below $1,000 per ounce to start the month for the first time since November 2017. (agmetalminer.com)
  • The U.S. palladium bar price dropped 4.2% over last month to end up at $980 per ounce, its first dip under the $1,000 threshold since November 2017. (agmetalminer.com)
  • Palladium is expected to provide about 55 per cent of revenue from the mine, and Chalice's study assumed the metal would fetch $US2000 an ounce over the life of the mine. (afr.com)
  • Chalice's forecast for platinum prices to average $US1000 an ounce were closer to Wednesday's price of $US976 an ounce. (afr.com)
  • While we suspect part of the retrenchment in platinum prices this morning is the result of the overbought condition from 3 days of aggressive gains of $70 per ounce, initial weakness this morning has taken place despite positive fundamental supply and demand news. (admis.com)
  • The price per ounce of palladium rose by more than 50 percent in the second half of 2018 making it one of the best performing commodities of the year. (arscars.com)
  • Gold's drop on Thursday to below $1,300 an ounce also affected demand, according to analysts. (coinnews.net)
  • For the year-to-date, gold futures are off $407.60, or 24.3%, from their 2012 closing price of $1,675.80 an ounce. (coinnews.net)
  • January platinum lost $20.40, or 1.5%, to finish at $1,375.60 an ounce . (coinnews.net)
  • Palladium for December added 75 cents, or 0.1%, to close at $713.30 an ounce . (coinnews.net)
  • New York gold futures shed $14.2 at $814.20 an ounce. (bbj.hu)
  • 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)
  • January platinum dipped $1.70, or 0.2%, to finish at $898.90 an ounce , for a 0.2% weekly loss. (varietyerrors.com)
  • Palladium for March delivery inched up 40 cents, or 0.02%, to a record settlement of $1,846.10 an ounce . (varietyerrors.com)
  • Front-month gold futures fell 0.1% last week to settle at $1,777.80 an ounce on Comex after slipping 0.2% Friday. (dillongage.com)
  • Spot palladium gained 2.6% last week to $2,870.50 an ounce and advanced 0.7% Friday. (dillongage.com)
  • July silver futures retreated 0.4% Friday to $26.11 an ounce on Comex. (dillongage.com)
  • Spot platinum rose 1.8% Friday to $1,235.20 an ounce and gained 1.9% Friday. (dillongage.com)
  • Spot palladium gained 5.1% last week to $2,798.50 an ounce and increased 1.5% Friday. (dillongage.com)
  • Currently, the DG spot price for palladium is up $54 ounce to $2,931.00. (dillongage.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)
  • The four main demand segments of palladium are shown below with 5-year ranges (2015 to 2019) shown. (sprott.com)
  • The forecast for 2019 calls for more of the same, assuming there are no unforeseen events that could disrupt the supply and demand equation. (agoracom.com)
  • Some investors seem happy at at this situation and are putting their funds into platinum ETFs, which have grown significantly since the start of 2019. (sbma.org.sg)
  • Even though global light vehicle sales fell by 4% in 2019, palladium usage rose by 10% (895,000 ounces). (institutionalinvestor.com)
  • This supply-and-demand constellation will likely result in a deficit in the platinum market after many years of surpluses. (lbma.org.uk)
  • There is a common misperception that the platinum market has been in a deficit for many years. (miningweekly.com)
  • 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)
  • On the palladium front, the market was expected to remain in deficit, Johnson Matthey said. (agmetalminer.com)
  • It is in greater demand, mostly for autos, and it is in supply deficit. (kitco.com)
  • Negative investment demand is due to net sales from physically backed Exchange Traded Funds (ETFs) over the period. (sprott.com)
  • Those ETFs may in fact be driving a good portion of the recent demand. (fxstreet.com)
  • Palladium ETFs, like those listed on major stock exchanges, provide an easy way to gain exposure to palladium without the need for physical storage. (firstnationalbullion.com)
  • Along with being precious metals, palladium is part of a unique subcategory referred to as Platinum Group Metals (PGM). (kitco.com)
  • New Age Metals Inc. The company owns one of North America’s largest primary platinum group metals deposit in Sudbury, Canada. (agoracom.com)
  • It was overtaken by the other Platinum Group metals (PGM) metals in recent weeks. (fxstreet.com)
  • Platinum is a gray-white precious metal and one of a group of six elements known as the Platinum Group Metals (PGM). (sprott.com)
  • Platinum , along with the other Platinum Group Metals, has strong catalytic properties - meaning it can accelerate or trigger a chemical process without becoming permanently changed or consumed. (sprott.com)
  • Spot gold, silver and palladium slipped. (mining.com)
  • Take a look at the analysts' individual forecasts and commentary, revealing their insights behind their forecasts for highs, lows, and average prices for gold, silver, platinum and palladium. (lbma.org.uk)
  • At a more fundamental level, the case for silver is greatly strengthened by "new" demand potential from renewable energy technologies and non-carbon-emitting vehicles, which, in turn, has a good chance of outpacing silver demand from the "old" industry. (lbma.org.uk)
  • Platinum declined 1.8% while other precious metals marked gains of 0.5% for gold, 0.6% for silver and 0.7% for palladium. (coinnews.net)
  • The Japanese gold, silver, platinum and palladium prices all increased, likely due to the dollar-yen exchange rate, perhaps providing an arbitrage opportunity for buyers. (agmetalminer.com)
  • The demand for silver continues to rise based on its growing industrial use and the popularity of precious metals in countries such as China and India - increasing demand the world over. (usgoldbureau.com)
  • Whether you're looking for gold or silver bars or coins, platinum or palladium, we can help you. (usgoldbureau.com)
  • United States Gold Bureau (USGB) is a private distributor of Gold, Silver & Platinum coins from the U.S. Mint and is not affiliated with the U.S. Government. (usgoldbureau.com)
  • Investing in silver, platinum, and palladium also offers inflation protection. (mfea.com)
  • Conversely, because of the allure of precious metals, some companies only mine gold, silver or platinum. (zacks.com)
  • The divergence between gold and silver yesterday reconfirms gold is almost exclusively tracking action in the dollar, while the silver market is at least partially focused on classic physical commodity market demand fundamentals. (admis.com)
  • 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)
  • Platinum was dubbed 'platina' or 'little silver' by the Spanish Conquistadors, and the truth is, it's so much more than meets the eye. (sprott.com)
  • The name Platinum comes from the Spanish word "platina," basically translating to "little silver. (sprott.com)
  • Considering Platinum is far more difficult to forge and manipulate than gold or silver, the method these ancient peoples used to work such a problematic metal was incredible and a testament to their dedication to their craft. (sprott.com)
  • GoldMoney is one of the world's leading providers of physical gold, silver, platinum and palladium for retail and corporate customers. (goldmoney.com)
  • In addition, its demand profile shows that consumers, investors and central banks are its largest buyers, differentiating it from other metals such as copper, nickel, silver, platinum and palladium which have substantial industrial applications. (valuewalk.com)
  • Precious metals like silver, gold and platinum have long been regarded as having intrinsic value. (makeesha.com)
  • There are several methods for acquiring precious metals such as silver, gold, and platinum, and there are many compelling reasons to participate in this endeavor. (makeesha.com)
  • Platinum, silver and palladium are regarded as valuable assets that can be included into a diversified collection of valuable metals. (makeesha.com)
  • Platinum, gold and silver are frequently thought of as the most popular precious metals among investors. (makeesha.com)
  • There exists a multitude of precious metals that go beyond the well-known gold, silver and platinum. (makeesha.com)
  • I think gold / silver might not be allowed to rocket off, but the Palladium comet might suddenly disappear, which silver and especially gold IMO never will. (kitco.com)
  • It offers traders a wide variety of options, from gold and silver to platinum and palladium. (futureofny.org)
  • Precious metals such as gold, silver, platinum and palladium are all examples of commodities that can be traded via futures contracts. (futureofny.org)
  • Precious metals such as gold, silver, platinum and palladium all have different characteristics when it comes to pricing and volatility levels, so it's important to research each option thoroughly before deciding which one is best for your trading style. (futureofny.org)
  • For the near future, palladium value is expected to remain above the traditional metals: gold, silver and platinum, that it used to lag behind of. (arscars.com)
  • Silver, platinum and palladium climbed Thursday but only palladium extended its winning streak to two sessions Friday. (coinnews.net)
  • Palladium pushed up 0.8% for the week while other metal losses rung in at 3.4% for gold, 0.6% for silver and 1.2% for platinum. (coinnews.net)
  • 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)
  • The power of gold, silver, platinum and other precious metals in modern tech and medicine is undeniable. (mfea.com)
  • Precious metals have gained recognition as viable investment opportunities, leading to the rise of precious metals IRAs, where retirement funds are invested in assets like gold, silver, platinum, and palladium. (jpost.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)
  • Front-month silver futures were little changed last week as the most-active contract rolled to July. (dillongage.com)
  • Renewed weakness across investment metals triggered a mixed response from traders with gold seeing a small reduction in recently established longs while continued short covering reduced bearish bets in silver, platinum and palladium. (home.saxo)
  • 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)
  • With ample supply coming from South Africa, a stable supply from catalyst and jewelry scrap, as well as the increasingly weak South African rand, investors did not see any good opportunities to invest in platinum. (sbma.org.sg)
  • The demand for palladium catalysts grew 100% in the past 10 years, from 180 tonnes to 264 tonnes, while output by the two largest producers - Russia and South Africa - has largely remained at the same level, according to Metals Focus. (sbma.org.sg)
  • 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)
  • Supply constraints - Palladium production is limited, with most of it coming from a handful of countries, such as Russia and South Africa. (firstnationalbullion.com)
  • It is actually mostly produced as a byproduct of platinum or nickel that is mined in Russia or South Africa. (arscars.com)
  • However, investors have seen the palladium as a store of value in recent history. (kitco.com)
  • With real interest rates remaining well in negative territory, increasing demand from private investors and (non-Western) central banks, in particular, has a good chance of driving the gold price higher - especially so as gold is, from our point of view, currently moderately priced. (lbma.org.uk)
  • 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)
  • Investors are increasingly recognizing the potential of platinum and palladium as a strategic allocation in their retirement portfolios. (altinvestor.net)
  • Platinum and palladium have historically shown a low correlation with other asset classes, making them an attractive option for investors looking to achieve long-term growth and stability. (altinvestor.net)
  • By strategically allocating a portion of retirement savings to platinum and palladium , investors can enhance their portfolio's risk-adjusted returns and protect against inflation. (altinvestor.net)
  • By analyzing the Form 485BPOS, investors can gain insights into the fund's exposure to platinum and palladium and make informed investment decisions. (altinvestor.net)
  • For instance, during periods of economic uncertainty or political instability, investors often turn to precious metals as a safe-haven investment, which can drive up the demand and prices of platinum and palladium. (altinvestor.net)
  • Understanding these factors is essential for investors to make informed decisions and maximize returns through platinum investments . (altinvestor.net)
  • Furthermore, precious metals investors also had their eyes on gold and palladium. (sbma.org.sg)
  • Palladium on the other hand, quite contrary to platinum, saw ever increasing demand from its use in catalysts in gasoline cars, which caused a supply shortage that piqued the interest of investors. (sbma.org.sg)
  • Gonneville has been touted as one of Australia's best critical minerals discoveries for its platinum group elements, nickel and copper, but investors were underwhelmed by Chalice's promise of a two-year payback on a mine costing between $1.6 billion and $2.3 billion. (afr.com)
  • With demand growing for products such as those and others, investors have a few ways to profit from increased lithium demand. (zacks.com)
  • As demand rises due to its various industrial applications, many investors are eager to explore its potential. (firstnationalbullion.com)
  • Futures and options contracts allow investors to speculate on the future price of palladium without owning the physical metal. (firstnationalbullion.com)
  • A precious metals futures contract is a legally binding agreement for delivery of a metal in the future at an agreed-upon price. (kitco.com)
  • Precious metals futures trading is one of the most exciting and profitable investments available. (futureofny.org)
  • Precious metals futures trading can be a lucrative, yet complex form of investing. (futureofny.org)
  • Now that you understand the basics of precious metals futures, it's time to move on to choosing the right contract for your trading style. (futureofny.org)
  • U.S. authorities that accused six JPMorgan Chase & Co. employees of rigging precious-metals futures are building a criminal case against the bank itself, two people familiar with the situation said. (equedia.com)
  • Shanghai copper prices rose on Thursday as the lifting of COVID-19 curbs in top metals consumer China buoyed hopes of demand recovery, although a stronger US dollar limited the upside. (arabnews.com)
  • Copper futures can drop up to 50% following the holiday. (avatrade.com)
  • This global impetus is a further fillip for "green" metals such as copper, palladium and platinum. (institutionalinvestor.com)
  • Platinum and copper have bounced by 60% and 40% respectively from their lows in March. (institutionalinvestor.com)
  • Bloomberg estimates that 14 million public charging stations will be required by 2040 to meet demand, and each requires copper. (institutionalinvestor.com)
  • But copper is not the only metal that is a likely beneficiary of the ambition for a greener future. (institutionalinvestor.com)
  • In yet another negative, LME copper stocks jumped again overnight, in what many could perceive as a sign of slackening copper demand outside of China. (admis.com)
  • The spot palladium prices refer to the price of the precious metals for immediate delivery. (kitco.com)
  • There is usually a difference between the spot price of palladium and the future contract prices. (kitco.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)
  • As a result of a favorable outlook, palladium prices have vastly outperformed platinum. (agoracom.com)
  • The chart below tracks the relationship between platinum and palladium prices. (agoracom.com)
  • Various factors influence the prices of platinum and palladium in the market. (altinvestor.net)
  • Supply and demand dynamics play a crucial role in determining the prices of these precious metals. (altinvestor.net)
  • Any fluctuations in the production and availability of platinum and palladium can significantly impact their prices. (altinvestor.net)
  • Market analysis plays a significant role in determining these precious metals' future trends and prices. (altinvestor.net)
  • Gold is another precious metal that often influences the prices of platinum and palladium. (altinvestor.net)
  • Global Precious MMI: Will Drop in Platinum, Palladium Prices Continue? (agmetalminer.com)
  • Gold prices often drop in March - Directly following the CNY, Gold prices which are cyclical in nature start to drop on the back of lower demand. (avatrade.com)
  • He added that prices for platinum and palladium were probably near a floor. (afr.com)
  • Palladium prices have increased by 53% over the past 12 months and by more than 1,500% since 2009. (institutionalinvestor.com)
  • With palladium prices holding near yesterday's highs in the face of broad market deflationary/fear of slowing psychology, it would appear as if the market is focusing on better-than-expected Chinese PMI data overnight. (admis.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)
  • When buying precious metal futures you're essentially speculating that prices will increase before your contract expires so you can profit from selling them at higher than what you paid originally. (futureofny.org)
  • While rhodium's price could continue to rise in the near future, its significant premium to palladium and platinum could eventually impact prices and demand. (mgsrefining.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)
  • 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)
  • 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 emissions scandal has fundamentally altered the landscape for vehicles powered by diesel and gasoline engines and, by extension, platinum and palladium. (agoracom.com)
  • Palladium, on the other hand, is widely used in the automotive industry for catalytic converters due to its ability to convert harmful emissions into less harmful substances. (altinvestor.net)
  • Palladium is a critical component in catalytic converters, which reduce harmful emissions from vehicles. (firstnationalbullion.com)
  • Regulations on tailpipe emissions have been the leading factor in automakers demand for more palladium. (arscars.com)
  • Platinum is in catalytic converters, reducing vehicle emissions. (mfea.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)
  • Platinum had a clear change of course in the middle of August 2018 after all commodities and emerging currencies were sold in what we call a selling climax. (sbma.org.sg)
  • In 2018 palladium was one of the top performing commodities surging past gold in value. (arscars.com)
  • Palladium is one of a number of commodity futures, wherein contracts are entered into, agreeing to buy or sell the precious metals at a certain price at a specified future date. (kitco.com)
  • The contracts are standardized by a futures exchange as to quantity, quality, time and place of delivery. (kitco.com)
  • The great majority of futures contracts are offset prior to the delivery date. (kitco.com)
  • The future price, which Kitco also displays on this page, is used for futures contracts and represents the price to be paid on the date of a delivery of the palladium in the future. (kitco.com)
  • I support the final rule's determination to delay by two years two important elements that will require significant changes in the marketplace: the imposition of position limits on swaps economically equivalent to the referenced futures contracts and the required unwinding of previously elected risk management exemptions. (cftc.gov)
  • Risk Warning: Investments in Equities, Contracts for Difference (CFDs) in any instrument, Futures, Options, Derivatives and Foreign Exchange can fluctuate in value. (admis.com)
  • I have looked at ways to participate in the Palladium bull market, others than buying the futures contracts. (kitco.com)
  • Knowing how to navigate the market and understand the nuances of futures contracts is essential for success. (futureofny.org)
  • Investment demand also has waned, with exchange-traded funds backed by the metal platinum falling last week to the lowest since February, and money managers cutting their net-bullish bets to the lowest in almost nine months. (mining.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)
  • Other precious metals are sometimes referred to as monetary metals, but palladium has never historically been used as global currencies. (kitco.com)
  • The price of platinum has a good chance of climbing higher from its currently relatively modest trading level. (lbma.org.uk)
  • In our view, palladium is trading at an inflated price, even after a substantial mark-down since mid-2021. (lbma.org.uk)
  • In any case, we do not believe palladium should be trading too far above our estimated platinum price. (lbma.org.uk)
  • 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)
  • Price-supporting reductions in supplies appear to lie further in the future. (miningweekly.com)
  • Precious metals investments have price fluctuations based on short-term dynamics partly driven by demand/supply and also by investment flows. (sprott.com)
  • While platinum used to command a much higher price than palladium, the roles have now been reversed, and palladium is now worth more. (agoracom.com)
  • Additionally, the limited supply and increasing demand for these metals, particularly in the automotive and jewelry industries, contribute to their potential for price appreciation over time. (altinvestor.net)
  • Additionally, these metals have the potential for significant price appreciation, especially as the demand for clean energy technologies increases. (altinvestor.net)
  • The announcement raised fears there could be retaliation and hit the price of stocks and all industrial metals," said Phil Flynn, senior market analyst at Price Futures Group, as quoted in the MarketWatch article. (agmetalminer.com)
  • Although both platinum and palladium may see a slightly extended cooldown in the near term, the longer term could see more price increases - especially for the latter metal. (agmetalminer.com)
  • Platinum hit $755, which was the cheapest price since the aftermath of the Lehman shock in October 2008. (sbma.org.sg)
  • As a result, platinum fell by the wayside and the price of gold surpassed it more than 5 years ago, and palladium went premium in 2017. (sbma.org.sg)
  • Will the price of platinum lag gold and palladium forever? (sbma.org.sg)
  • This investor interest coupled with the steady price of gold should keep the price of platinum in check despite the weak environment for the metal. (sbma.org.sg)
  • The weakness of platinum has spurred the popularity of palladium, which has grown in price because it had 1/5 of value of Platinum. (sbma.org.sg)
  • He said Chalice had relied on AME Group for the supply and demand models that underpinned the commodity price assumptions. (afr.com)
  • We find it incredibly hard to believe a lower [platinum group element] price than what we are seeing today," he said, adding that the study reflected only one portion of the geological opportunity in the Julimar province, which is 70 kilometres north-east of Perth. (afr.com)
  • Their demand patterns influence price fluctuations. (forexlive.com)
  • Obligations to buy or sell a specified amount of metal at a predetermined price at a designated future date. (forexlive.com)
  • They track the price of palladium and can be bought and sold like stocks. (firstnationalbullion.com)
  • Market research - Stay informed about global palladium supply and demand dynamics, geopolitical events, and economic factors that can impact its price. (firstnationalbullion.com)
  • Futures are agreements between two parties to buy or sell a specified amount of a commodity on a predetermined date in the future at a price agreed upon by both parties when entering into the contract. (futureofny.org)
  • As mentioned in Scrap Metal Market: December 2018 , the price of palladium surpassed gold as the most valuable precious metal. (arscars.com)
  • Going forward, some analysts say that due to the high price of palladium automakers may revert back to using platinum in their catalytic converters. (arscars.com)
  • In particular, its lower density and relatively lower price make it an attractive alternative to platinum in certain applications, such as catalytic converters for vehicles. (diamondrensu.com)
  • Speculators were net buyers of grains despite continued price weakness following the latest supply and demand report from the US Department of Agriculture on August 12, and after shipments of grains from Ukraine continued to pick up speed. (home.saxo)
  • 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)
  • A Feature Paper should be a substantial original Article that involves several techniques or approaches, provides an outlook for future research directions and describes possible research applications. (mdpi.com)
  • Platinum is known for its resistance to corrosion and high melting point, making it valuable in the production of catalytic converters, jewelry, and electrical components. (altinvestor.net)
  • 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)
  • US gold futures also climbed 0.3 percent to $1,855.00. (arabnews.com)
  • Panic-selling hit Tokyo, where platinum and gold futures sank by their daily limits. (bbj.hu)
  • Gold futures shed 0.5% this week after rising 0.6% last week. (varietyerrors.com)
  • According to Johnson Matthey, as reported by Reuters , platinum looks to be headed for another surplus in 2018. (agmetalminer.com)
  • Assuming that investment demand in 2018 is similar to last year, the market is likely to remain in modest surplus," the firm added, according to Reuters. (agmetalminer.com)
  • From the New York Times , "Demand for palladium has steadily increased for eight years and is expected to outstrip supply by 1.2 million ounces in 2018. (arscars.com)
  • At its current value, auto recyclers have to be thrilled with the 2018 performance of palladium. (arscars.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)
  • he increase in demand from this source has offset some of the weakness in demand from the passenger vehicle market as well as the jewellery market. (miningweekly.com)
  • Action on the palladium charts continues to highlight the market's relative weakness compared to platinum. (admis.com)
  • The platinum and palladium market is constantly evolving, driven by various factors such as supply and demand dynamics , economic conditions, and geopolitical events. (altinvestor.net)
  • However, it is important to consider other factors such as economic indicators, geopolitical events, and technological advancements that can impact the demand and supply dynamics. (altinvestor.net)
  • With demand being overwhelmingly driven by the automotive industry, palladium's future is rather unclear. (lbma.org.uk)
  • Supply of palladium falls short of net demand and is driven primarily by the increased demand in the autocatalyst segment. (agoracom.com)
  • So the future growth you foresee in terms of the bullish indicators is still debt-driven. (bullionvault.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)
  • 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)
  • Stricter environmental regulation on diesel engines has affected its use in automobile catalysts, the metal's biggest demand area. (sbma.org.sg)
  • 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)
  • 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)
  • 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)
  • 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)
  • The result can be seen in the supply and demand equation for palladium and platinum. (agoracom.com)
  • The two tables reveal that the platinum market has a surplus, with supply exceeding net demand. (agoracom.com)
  • Both platinum and palladium have a limited supply, contributing to their high market value. (altinvestor.net)
  • Forecasting platinum and palladium's future demand and supply is crucial for strategic allocation. (altinvestor.net)
  • Broader supply-demand market fundamentals look to underpin the two metals' movements into the next year and beyond. (agmetalminer.com)
  • It has a limited supply and high demand, making its value remain strong. (mfea.com)
  • Palladium is now approaching its highest level since February 2011 with the geopolitical risk in Ukraine threatening the main production supply chain from Russia. (goldmoney.com)
  • There are other reasons which contribute to the instability of these investments such as fluctuation in demand and supply as well as geopolitical considerations. (makeesha.com)
  • Though when you dig into the environmentally conscious auto industry and basics of supply and demand it's not hard to see where the meteoric rise came from. (arscars.com)
  • There are five main precious metals openly traded on various exchanges, palladium has the smallest futures market. (kitco.com)
  • The palladium futures market is the smallest compared to other precious metals. (kitco.com)
  • Palladium futures are used both as a way for producers and market makers to hedge their products against fluctuations in the market, and as a way for speculators to make money off of those same movements in the market. (kitco.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)
  • It also highlighted the importance of understanding the palladium market when considering an investment in palladium or platinum. (sprott.com)
  • US wheat futures recouped losses to edge higher on Thursday, after a sharp decline in the previous session, as the market gauged the impact of diplomatic talks to unblock Ukrainian ports. (arabnews.com)
  • While supplies from mining have stayed roughly the same, platinum recycling is adding to the surplus of platinum in the market. (agoracom.com)
  • Understanding the current trends in the platinum and palladium market is crucial for strategic allocation of these precious metals in a retirement portfolio. (altinvestor.net)
  • First of all, platinum, priced below $900, is too cheap even in this market. (sbma.org.sg)
  • While lithium is mined in similar fashion to other metals, including precious metals such as gold, palladium and platinum, there is no futures market for lithium . (zacks.com)
  • Platinum offers the largest and most liquid market of the group. (fxstreet.com)
  • We saw some significant buying for Palladium however, which fits with the general market mood. (goldmoney.com)
  • Remember all investments carry some degree of risk, and the palladium market can be volatile. (firstnationalbullion.com)
  • Throughout the past year many of the metals found in automobiles like steel or aluminum have struggled in the market due in part to tariffs and a global economic slowdown but one that rose to the top is palladium. (arscars.com)
  • Some are also making the bet that the growing market share of electric vehicles (which don't use the precious metals) will curb demand. (arscars.com)
  • From a near record high above 800k lots on April 19, the net long across six major crop futures went on to slump by 64% before buyers began dipping their toes back in to the market some three weeks ago. (home.saxo)
  • 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)
  • Before accounting for investment, we expect global platinum consumption to rise slightly," Reuters quoted Johnson Matthey as saying. (agmetalminer.com)
  • Palladium ranged from an intraday low of $577.90 to $586.00. (coinnews.net)
  • Time to dig into Platinum on Commodity Culture. (sprott.com)
  • Speculators increased their bullish positions in Comex gold in the week ended April 20, according to the U.S. Commodity Futures Trading Commission's weekly Commitments of Traders report. (dillongage.com)
  • The COT reports are issued by the U.S. Commodity Futures Trading Commission (CFTC) and the ICE Exchange Europe for Brent crude oil and gas oil. (home.saxo)
  • Automotive demand, which rose 6 percent last year to 8.424 million ounces, was expected to hit another record high next year, in line with a rise in gasoline vehicle output," according to the Reuters piece. (agmetalminer.com)
  • The better-than-expected jobs report has dented demand for safe-haven products such as gold," Reuters quoted David Meger, director of metals trading at High Ridge Futures. (varietyerrors.com)
  • Long-term vs. short-term - Decide whether you want to invest in palladium for the long term or as a short-term speculative play. (firstnationalbullion.com)
  • For me Palladium is too speculative but i wish good fat profits to those who ride the palladium rodeo, I won't be jealous if they can snatch a great prize. (kitco.com)
  • A mixed week in forex left the speculative dollar long close to unchanged against ten IMM futures and the DXY. (home.saxo)
  • There are three main factors that have an influence on the demand for precious metals such as fears about financial stability, worries about inflation, and the fear of danger that comes with war or other geopolitical disruptions. (makeesha.com)
  • The worst is over and platinum should stay above $800 and hopefully move closer to $1,000 if gold reaches $1,400. (sbma.org.sg)
  • I am currently looking at the $1,400 levels for support," said Koh of Philip Futures. (bbj.hu)
  • Investing in platinum and palladium can provide several benefits for retirement growth. (altinvestor.net)
  • Therefore, investing in platinum and palladium can be a strategic move for long-term retirement growth . (altinvestor.net)
  • Investing in palladium can be a rewarding endeavor, given its unique properties and increasing demand. (firstnationalbullion.com)
  • Broadly speaking, economic growth spurs demand for gold in the form of jewelry and technology, whereas recessions promote buying (investing in) gold as a store of value," says Mazza. (valuewalk.com)
  • We expect demand for platinum to increase in the coming years even as automotive platinum demand for catalytic converters may decline. (lbma.org.uk)
  • US wheat futures recouped losses to edge higher on Thursday, after a sharp decline in the previous session. (arabnews.com)
  • Gold's decline is quite justifiable," said Adrian Koh, analyst at Philip Futures in Singapore. (bbj.hu)
  • Catalytic converters in gasoline engines do not need a high specification of platinum catalyst so naturally car makers and catalyst manufacturers used less but enough capable and much cheaper palladium. (sbma.org.sg)
  • Due to the metal's abundance, relative to say gold or platinum, lithium is much cheaper than those metals. (zacks.com)
  • Obviously, widespread belief of substitution of high-priced palladium with cheaper platinum for auto catalyst production is a major element keeping palladium on the defensive this. (admis.com)
  • 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)
  • Three years later another GE chemist, Leonard Niedrach, devised a way of depositing platinum onto the membrane, which served as a catalyst for the necessary hydrogen oxidation and oxygen reduction reactions. (wikipedia.org)
  • The value of the metal as a catalyst or jewelry should be more valuable than palladium or gold. (sbma.org.sg)
  • Platinum is the most effective catalyst in hydrogen-powered fuel cell electric vehicles (FCEVs) using Polymer Electrolyte Membrane electrolysers. (institutionalinvestor.com)
  • Modern-day uses of Platinum include being a key element in catalytic converters for vehicles, as it converts car exhaust gasses into less harmful substances, as a catalyst in the chemical industry and even in the creation of life-saving anti-cancer drugs. (sprott.com)
  • Most of the palladium produced is used in the auto sector in auto catalytic converters, which are used to reduce emission from gasoline vehicles. (kitco.com)
  • Palladium has benefitted greatly from the shift from diesel to gasoline engines in recent years. (lbma.org.uk)
  • On the other hand, palladium is associated with gasoline engines. (agoracom.com)
  • The former is seeing demand decrease, and the latter is seeing demand increase as there is a shift away from diesel-powered cars towards gasoline-powered cars. (agoracom.com)
  • Demand for small passenger cars using diesel shifted in favour of gasoline or EV vehicles. (sbma.org.sg)
  • With platinum failing to benefit from positive Chinese data (because it is primarily used in diesel vehicles instead of gasoline vehicles) the bears are confident this morning. (admis.com)
  • Primarily an industrial metal with strong demand from the automotive sector. (forexlive.com)
  • There's also "fear that higher costs for cars could reduce demand" for the metals, according to the article. (agmetalminer.com)
  • U.S. stock index futures are higher due to renewed stimulus hopes. (admisi.com)
  • London bullion fixings split Friday and for the week with palladium higher for both and other precious metals lower. (coinnews.net)
  • The euro fell to a six-month low against the dollar as mounting signs of economic difficulties in Europe, Asia and Australia diminished prospects of higher interest rates outside the United States, boosting demand for the dollar. (bbj.hu)
  • Both metals are higher on the year so far with increases of 12.3% for platinum and 54.2% for palladium. (varietyerrors.com)
  • Gold steady on safe-haven demand early Monday amid rising global coronavirus cases and a weaker dollar, meanwhile, palladium is holding near record. (dillongage.com)
  • Some dealers in Singapore reported tight supplies in gold bars as demand picked up since bullion steadily fell from a four-month high around $987 in mid-July. (bbj.hu)
  • George Gero, vice president and precious-metals strategist with RBC Capital Markets Global Futures, looks for traders to continue factoring in potential for more stimulus in the U.S., Europe and China. (coinnews.net)
  • The information provided is designed to assist in your analysis and evaluation of the futures and options markets. (admis.com)
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