(Kitco News) - While silver is favored due to more photovoltaicsand an uptrend in precious metals in light of currency worries, the Silver Institute said the electric vehicle sector is also going to need more Ag.
Silver and platinum will outperform gold in 2021 as the economy recovers and industrial demand supports higher metals prices, says UBS
2020 was one of the best years on record for gold, as investors piled into the safe-haven asset amid geopolitical and economic uncertainty.
'The stars are aligned for platinum' - ABN AMRO
(Kitco News) - Asian jewelry demand, a lift from precious metals and a low base are some of the reasons that ABN AMRO believe platinum will head higher.
Copper pares gain after hitting fresh lifetime high on MCX
Copper prices were steady at Rs 626.40 per kg after hitting a fresh lifetime high of Rs 631.20 during the day on the MCX.
Copper price hits new high as covid cases sweep South America
Copper prices continued their momentum from the second half of 2020 as the second wave of coronavirus infections intensifies in South America, the world’s top copper-producing region.
$2,000 gold to keep metals 'atop the leader board' in 2021, says Bloomberg Intelligence
(Kitco News) Gold will be the asset to beat in 2021, according to Bloomberg Intelligence, which sees the precious metal outperforming U.S. stocks.
Price rebounds for gold, silver, after Wednesday's losses
(Kitco News) - Gold and silver futures prices are higher in early U.S. trading Thursday, on a rebound from the strong selling pressure seen on Wednesday.
Important follow-through price gains for gold, silver Tuesday
(Kitco News) - Gold and silver futures prices are firmer in early U.S. trading Tuesday, on important follow-through strength after big gains posted Monday. Gold hit a seven-week high overnight.
The Zacks Analyst Blog Highlights: BHP, Rio Tinto, Southern Copper, Freeport-McMoRan and KAZ Minerals
Chicago, IL – January 06, 2021 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: BHP Group BHP, Rio Tinto Group RIO, Southern Copper Corporation SCCO, Freeport-McMoRan Inc. FCX and KAZ Minerals PLC KZMYY.
METALS-Copper hits near 8-year high on more U.S. stimulus hopes
HANOI, Jan 6 (Reuters) - Copper prices climbed to their highest in nearly eight years on Wednesday amid hopes for more U.S. stimulus as Democrats edged closer to taking control of the Senate.
U.S. Mint sees 455% increase in gold coin sales in 2020, silver demand up 100%
(Kitco News) - Investment demand for gold and silver fired on all cylinders in 2020 as the U.S. Mint data shows that demand for bullion gold and silver coin reached its highest level in four years.
Gold prices up nearly 3% to mark highest finish since early November
Gold futures rose by nearly 3% on Monday to start the new year, after putting in the best annual return in a decade, with the move for bullion to its highest finish since November coming as the dollar sank to around a 2 1/2-year nadir.
METALS-Copper rises on weak U.S. dollar, upbeat broader markets
HANOI, Jan 4 (Reuters) - Copper and most other industrial metals rose on Monday as a weaker U.S. dollar boosted the appeal of the greenback-priced metals, with sentiment aided by gains in the commodities markets on hopes of a recovery in the global economy.
Gold Price Forecast – Gold Prices Confirming Breakout, Silver and Platinum Leading
In last Wednesday’s gold update, I noted the likelihood of a November bottom and a pending breakout in precious metals.
Gold, silver see solid price gains above $1,900 to start 2021
Gold and silver futures prices are trading sharply up in early U.S. action Monday, with gold hitting a seven-week high.
