Tag: Precious Metals
A new era for commodities begins – Willem Middelkoop
https://www.youtube.com/watch?v=5qelnyR54s4(Kitco News) - The commodities market stands at the threshold of a significant shift, reminiscent of the transformative period witnessed in 2016. Willem Middelkoop,...
New Gold Sees Higher 2024 Copper Production — Commodity Comment
Published: Feb. 13, 2024 at 6:57 p.m. ET
New Gold Inc. said it expects higher copper production in 2024. On...
China’s equity slide is supercharging gold demand, new USD highs could...
(Kitco News) - The sharp downturn in China’s equity markets and real estate sector is contributing to strong gold sales ahead of the Lunar...
JPMorgan boosts its 2024 projections for Fed rate cuts, gold investment
(Kitco News) - Gold prices are continuing to hold above $2,000 per ounce in the new year, and the precious metal will benefit from...
Hedge funds turning bear on gold and silver as short bets...
(Kitco News) - Shifting interest rate expectations surrounding the timing of the Federal Reserve’s first rate cut of its impending easing cycle are taking...
Hedge funds are selling their gold, but they are not bearish
(Kitco News) - Volatility surrounding U.S. interest rates is taking its toll on gold prices as hedge funds liquidated their bullish bets but remain...
Iran tanker seizure will make headlines, but won’t have much impact...
(Kitco News) - Oil prices rose sharply after Iran seized a tanker with Iraqi crude destined for Turkey on Thursday morning, prompting concerns that the...
Gold prices off lows but gains are capped by Fed uncertainty,...
Spot gold is coming off multi-week lows, but the precious metals still faces headwinds from Fed speakers, strong yields, and a well-supported U.S. dollar,...
Palladium falls as concern EVs will destroy demand returns to the...
Palladium prices fell by 3% on Thursday as concern the take-up of electric vehicles will destroy long-term demand unravelled some of the December gains...