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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COMMENTARY – Global economic turmoil playing havoc with precious metals

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­­­The turbulence in global economic dynamics is playing havoc with precious metals, with gold continuing to be under pressure with prices once again falling below the psychological $1,200 an ounce and silver all but collapsing, touching $14 an ounce. A firmer US dollar, higher US bond yields and importantly a rising US stock market is […]

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Low platinum prices push jewellery demand: Demand in India grows by over 11 per cent

Diamonds may be forever, but for budget-conscious ring-bearers, the preferred material might well be platinum. According to the Platinum Guild International, low platinum prices in 2016 had retailers stocking up on the precious metal, with Indians and Americans the most likely to put a ring on it. In India platinum demand soared 11.4%, while in the […]

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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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Commodities are back!

While commodity performance in Q1 was promising, it was mainly precious metals and zinc that buoyed everything else. Energy and base metals were relatively flat on the quarter, with uranium and natural gas having the biggest declines. However, the game changed considerably in Q2. We now live in a post-Brexit world, where the real risk of further […]

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