First Trust Ise Global Platinum Index Fund ETF News

Commodities are on a two-year winning streak over stocks and some market observers believe more upside is in store for commodities in 2023. Count platinum as one that's starting the new year in an upb

Wall Street recorded a moderate performance last week. But the final week of the year was not that bad.

Wall Street was downbeat in December. Will January too be muted given the continuance of Fed rate hikes and rise in Covid-19 cases in China?

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A stronger dollar is certainly pushing precious metals down amid inflation and rising interest rates. However, that doesn't necessarily mean that precious metals should be shunned because of the recen

The SPX should be bottoming out for the next few months. The metals are setting up their own bottoming. Click here to read more on market segments.

Palladium (XPT/USD) regains the $1,000 mark while extending the bounce off a two-month low, up 1.60% around $1,002 heading into Wednesday’s European s

Some of the world’s largest economies are taking the unprecedented step of revoking Russia’s basic trading rights at the World Trade Organization, putting it in the company of other pariah states such as Cuba and North Korea. They’re canceling Russia’s “most-favored-nation” status at the global trade body, clearing the way for more bans on Russian imports or higher tariffs on Russian goods such as diamonds and platinum. The goal is to further isolate Russia and ratchet up pressure on President V

Platinum (XPT/USD) bounces off the monthly bottom while picking up bids near $1,030 heading into Tuesday’s European session. Even so, the precious met

VANCOUVER, BC , March 14, 2022 /CNW/ - Glacier Lake Resources Inc. (TSXV: GLI ) (the " Company ") is pleased to announce that it is continuing to work towards satisfaction of the remaining conditions to completion of its proposed acquisition (the " Transaction ") of the Kalahari Palladium-Platinum Project (" KalPlats ") located in the Magisterial District of Vryburg in North West South Africa . KalPlats is a palladium-rich project located approximately 350 kilometres west of Johannesburg in the North West Province of South Africa . The most recent mineral resource estimate on Platinum, Palladium and Gold mineralisation, including a 3E (Platinum, Palladium, Gold) grade was published by Coffey Mining Consultants Limited in 2014 (Lomberg et al., 2014), as part of an Independent Technical Report for African Thunder Platinum Limited. The historical mineral estimate across the known deposits contained Measured and Indicated resources totaling 69.91 Mt grading at 1.48g/t 3E and Inferred Mineral resources of 56.68 Mt grading 1.62 g/t 3E.

Precious metals like gold, silver, and platinum have been recognized as valuable for a very long time. Learn more about what it takes to invest in these prized commodities.

(Kitco News) - Since the December 2021 low of $900/oz, platinum prices have risen a dramatic 19% as the precious metal sector rallies due to the geopolitical tensions between Russia and Ukraine.

Gold prices worldwide were set for a second weekly gain as talks between Russia and Ukraine made little apparent progress, although bullion saw a dip on Friday as elevated U.S. Treasury yields on the back of inflation data assuaged its safe-haven appeal. Spot gold weakened 0.2% at $1,992.94 U.S. per ounce, overnight Thursday to Friday. U.S. gold futures were flat at $2,000.10. Bullion gained about 1.2% so far this week. In world events, there was no breakthrough in the first high-level talks between foreign ministers from Russia and Ukraine, who met in Turkey on Thursday since Moscow invaded its neighbor. Benchmark U.S. 10-year Treasury yields rose on Thursday and topped 2% for the first time in two weeks after U.S. inflation data confirmed rapidly rising prices, locking in expectations that the Federal Reserve will raise interest rates next week. Gold is highly sensitive to rising U.S. interest rates, which increase the opportunity cost of holding non-yielding bullion. Moreover, the European Central Bank took a hawkish turn on Thursday saying it would end its asset purchases this summer, paving the way for a rate hike later in the year.

Gold slipped on Friday , as US Treasury yields gained on red-hot inflation data capping bullion’s safe-haven appeal, but prices were set for a second weekly gain after talks between Russia and Ukraine failed to make any progress. Spot gold shed 0.3% to $1,990.70 per ounce by 0417 GMT. US gold futures were down 0.2% to $1,996.30. “To a large degree it’s going to be a war-driven trade again. But what’s going to cap sentiment in the absence of any war-time escalation is the FOMC, which is going to be a little bit more hawkish than what markets have currently priced in,” said Stephen Innes, managing partner at SPI Asset Management. Benchmark US 10-year Treasury yields rose after US inflation data saw its sharpest increase in 40 years, locking in expectations that the Federal Reserve will raise interest rates next week, while the European Central Bank took a hawkish turn on Thursday. Gold is highly sensitive to rising US interest rates, which increase the opportunity cost of holding non-yielding bullion.

Platinum’s (XPT/USD) one-month risk reversal (RR), a gauge of calls to puts, prints a 13-day winning streak with the latest 0.364 figures per data sou