S Physical Platinum ETF News

Gold prices moved in a narrow range on Wednesday, anchored by a retreat in the dollar as investors squared positions in the run-up to US consumer prices data later in the week. Spot gold was little changed at $1,784.72 per ounce by 1351 GMT, having retreated slightly from the session''s peak at $1792.90 before moving back into a tight range. US gold futures rose 0.5% to $1,793.20 per ounce. With markets more optimistic as worries over the Omicron coronavirus variant ease, gold has joined the bandwagon in part because of its inverted correlation with the dollar, Ricardo Evangelista, senior analyst at ActivTrades, said. But gold''s upside may be limited and it was not likely to move above the $1,810 level, especially with the narrative shifting back to central banks'' tightening policy, which was likely to drive further US dollar gains, Evangelista added. Although a move higher in benchmark US Treasury yields dimmed gold''s appeal, this was offset by a retreat in the dollar index as a softer US dollar decreases bullion''s cost for overseas buyers.

View: Source Global platinum ETF holdings have slipped by 92 koz to 3.76 moz in the year-to-date. They were up 116 koz in the first half The post Platinum and gold ETFs retreat in 2021 appeared first on MineralFunds.com .

Palladium looks to post its first yearly price decline in six years, and platinum is ready for its first loss in three years. Both metals are defying overall strength in the commodities sector, which

Gold prices edged up on Thursday buoyed by persistent inflation concerns, with further gains in bullion clipped by expectations that the Federal Reserve may hasten its monetary tightening to tame rising prices. Spot gold rose 0.1% to $1,789.90 per ounce by 1119 GMT, recovering some ground after slipping to its lowest since Nov. 4 on Wednesday. US gold futures gained 0.4% to $1,791.20. Trading is likely to be thinned by the US Thanksgiving holiday. "Gold still has some recovery potential on anticipation of high inflation figures. But essentially, with the Fed pursuing the ongoing tapering, that should push up real rates at a later stage," keeping prices volatile, said UBS analyst Giovanni Staunovo. Although bullion is considered a hedge against rising inflation, interest rate hikes tend to push government bond yields up and thereby raise the opportunity cost of holding gold. A growing number of Fed policymakers indicated they would be open to speeding up the elimination of their bond-buying program if high inflation held and move more quickly to raise interest rates, minutes of the central bank''s last policy meeting showed.

The global economy continues to recover with the IMF projecting a growth rate of 5.9% in 2021, with platinum poised to benefit as a result. The post What will affect 2021 and 2022 platinum stock demands? appeared first on Miningreview.com .

The monthly ETF/ETN forecast article highlights some strong sectors, index and commodity funds as a summary of the weekly and daily chat room articles. This report goes out weekly with live daily upda

Platinum Market Update: Seeds Of A Super Cycle Are Planted

Platinum offers significant upside for long-term investors. US Platinum import statistics show platinum imports have been rising significantly over previous years.

Platinum has lagged both precious metals and the broad commodity complex for several years as demand has failed to keep up with stagnant supply. There is considerable upside potential for demand from

Though the Aberdeen Standard Physical Platinum Shares ETF has underperformed since its launch in 2010, interest in the metal has increased since 2020. Buying the ETF is like holding platinum, a metal

Inflation expectations are probably priced-in.

The best precious metals ETFs for Q2 2021 are SIVR, SLV, and PPLT.

Platinum-related exchange traded funds glimmered Wednesday as the precious metal rose to a 6-year high on economic recovery hopes that bolstered bets of industrial autocatalyst demand, along with expe

Gold/silver bullion prices should benefit further in 2021 from the continuation of record Federal Reserve money printing and Treasury bond issuance to combat the coronavirus pandemic. A debased U.S. d

A palladium exchange traded fund is ending 2020 with a bang as the precious metal is set to post gains for a fifth consecutive year. The Aberdeen Standard Physical Palladium Shares ETF (NYSEArca: PALL