Palladium – Thomson Reuters GFMS' recently released Platinum & Palladium Survey 2013 reveals that palladium recorded its highest deficit in 11 years in 2012 and is likely to remain in deficit this year.
Silver – Despite a less than stellar start this week, silver rallied Thursday for a close above $24.
Gold – Mining Weekly reported that according to the most recent GFMS Gold survey, gold is expected to rise to $1 800/oz by the end of the year, pushed up by U.S. economic development and stability in the global markets. As quoted in the market report:
Platinum – According to recent reports there may be a surplus, but prices should rise above current levels.
Silver – A new report commissioned by The Silver Institute, from research firm GFMS, titled “The Future of Silver Industrial Demand” forecasts the industrial demand for silver trough 2015.
Silver – London-based research consultancy GFMS sees the price of silver hitting $30 an ounce on rising investment demand, which may reach a record high of over 210 million ounces, a net value of $4 billion, in 2010.
Gold – GFMS Group’s well-respected annual Gold Survey report is out for 2010, but what’s got most in the precious metal markets talking is the comments made by Philip Klapwijk, chairman of precious metals research at GFMS, during an interview with Reuters: “There are pointers to the fact that we are entering the final stages of a bull market.”
Gold Investing News reports gold has a bright future. A prominent hedge fund manager claimed recently that commodities could be in line for a major boom in the next 18 months, Forbes has reported. In India, the largest consumer of the yellow metal, the Bombay Bullion Association has confirmed India’s gold imports have surged in [...]
Gold Investing News reports gold prices fell slightly while the dollar strengthened. According to analysts, optimistic investors read many recent commodity price gains and positive economic readings as an end to the downturn and are starting to unload safe-haven gold. What added to the melee was a firmer dollar, that also weighed on gold prices. [...]
Gold investing News reports gold prices remain strong for the New Year 2009. “The more problems we see in the banking sector and the financial sector in general, the more attractive gold as a hedge against such risk will be,” said Commerzbank analyst Eugen Weinberg. “Risk aversion is high. People are looking at gold right [...]
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