base-metals

To predict silver price performance in a recession, look to copper – StoneX’s Rhona O’Connell teaser image

To predict silver price performance in a recession, look to copper – StoneX’s Rhona O’Connell

Silver’s performance in a recession is more closely tied to copper than gold, says analyst Rhona O'Connell, as industrial demand drives the gray metal's value.

Oct 15, 2024 - 3:30 PM

New bans on Russian metals mean China will buy low and sell high to supply the U.S., Europe, and UK teaser image

New bans on Russian metals mean China will buy low and sell high to supply the U.S., Europe, and UK

Apr 19, 2024 - 11:07 AM

Gold rockets above $2,400 as commodities catch fire, analysts see no end in sight teaser image

Gold rockets above $2,400 as commodities catch fire, analysts see no end in sight

May 17, 2024 - 1:06 PM

‘Cold War 2.0’ just one reason why gold will outperform silver, base metals in H2 2024 – Bloomberg’s McGlone teaser image

‘Cold War 2.0’ just one reason why gold will outperform silver, base metals in H2 2024 – Bloomberg’s McGlone

Jun 25, 2024 - 3:05 PM

Gold the best hedge against inflation and geopolitical risk, price will rise 16% to $2,700 by year-end – Goldman Research teaser image

Gold the best hedge against inflation and geopolitical risk, price will rise 16% to $2,700 by year-end – Goldman Research

Jun 27, 2024 - 12:14 PM

Precious metals should shine in H2 2024 based on seasonal trends, summer price gains should be strong – MKS PAMP teaser image

Precious metals should shine in H2 2024 based on seasonal trends, summer price gains should be strong – MKS PAMP

Jul 04, 2024 - 3:13 PM

China sees solid ETF inflows and massive PBoC purchases in April amid flat price performance – WGC’s Jia

(Kitco News) – While international and Chinese gold prices ended April essentially unchanged, local ETFs and the country’s central bank continued their accumulation even as wholesale demand slid, according to Ray Jia, research head for China at the World Gold Council (WGC).In the WGC’s latest China gold market update, Jia noted that gold traded sideways in April, with the LBMA Gold Price PM up by 0.1% while the Shanghai Gold Benchmark Price PM (SHAUPM) losing 0.4%.

Gold drops 2% as rising yields, dollar, sap appeal; inflation woes linger

May 15 (Reuters) - Gold dropped more than 2% on Friday as surging Treasury yields and a stronger U.S. ‌dollar dulled its appeal, with higher oil prices and persistent tensions in the Middle East reinforcing expectations of higher interest rates.Spot gold was down 2.1% at $4,551.81 per ounce by 1141 GMT, its lowest since May 5. Bullion is on track for a weekly loss, down 3.4% so far. U.S. gold futures for June delivery lost 2.8% to $4,556.40.

Asia Gold: India discounts soar to record high on import duty hike; China premiums firm

May 15 (Reuters) - Gold discounts in India jumped to a record this week as a ‌sharp import duty hike slowed demand and triggered investor selling, while investment demand kept Chinese premiums firm.Dealers in India quoted discounts of up to $207 an ounce over official domestic prices this week, inclusive of 15% import and 3% sales levies, up from the previous week's discounts of up to $15 an ounce and premiums of $6.The sudden price rise prompted investors to sell, ⁠while jewellers and retail buyers stayed on the sidelines, said a jeweller based in Hyderabad.