Global mining output in February hits three–year low; Asia continues to hold the greatest rewards

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Mining production globally registered its fourth consecutive contraction, falling 7.5 per cent year-on-year in February compared to a 3.3 per cent fall the previous month, Statistics South Africa said in a report. This registers as the largest fall in production since March 2016 when output fell 17.4 per cent year-on-year.  Diamonds, iron ore and gold […]

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Palladium ranks as the best-performing metal of 2018; smashes another record

Palladium’s premium to platinum jumped to a record, building on its ranking as the best-performing metal of 2018. Shortages of the metal used in autocatalysts for gasoline-fueled vehicles sent its price to yet another all-time high, widening the price difference with rival platinum to more than $500 an ounce early this week. Most analysts don’t […]

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COLUMN – Copper, lumber, cotton and palladium indicate an improving global economy

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If we take the bullish performances of many industrial commodities, even without copper, the hidden story is quite good for continued economic growth, writes Shekhar Ghosh. Analysts credit copper as the metal with a Ph.D. in economics for its ability to help forecast economic conditions. “Dr. Copper,” as it is often euphemistically called, is a […]

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Know your precious metals before investing

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Gold, silver, platinum and palladium are four most popular precious metals that are also viable investment choices. The markets are developed and trading in these metals is popular. Precious metals are rare, naturally occurring, metallic elements that have high economic value. In general, they are less reactive than most elements, and tend to be ductile and have a high lustre. In […]

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