(Kitco News) - The gold market is starting 2021 on a weak note as it struggles to find consistent buying momentum; however, many analysts aren ’t giving up on the precious metal anytime soon.
Copper price to rise in 2021: analysts
London — A rise in the price of copper is likely to continue in 2021 on low inventories and a bullish demand narrative, though at a slower pace, industry analysts said.
Platinum price forecast: positive backdrop signals further upside ahead
The price of platinum has surged above its pre-pandemic highs since 2021 started, as the imbalance between demand and supply levels has kept the post-pandemic bull run going.
Gold and silver push higher before the EU open
(Kitco News) - Gold (0.42%) and silver (1.16%) are both trading higher at the start of the week leading into the EU open. Risk sentiment has been poor overnight as the Nikkei 225 closed 0.97% in the red with the ASX also down -0.78%.
Biden Stimulus Adds Fuel to Copper Rally
Investors are ramping up wagers that the Biden administration’s focus on economic stimulus and electric vehicles will turbocharge a monthslong climb in copper and other industrial metals.
Bullish sentiment drives copper price to 8-year high: MI
London — The copper price bull run has continued in the New Year, with the London Metal Exchange cash benchmark surging to $8,146/mt Jan. 8, the highest closing since February 2013, S&P Global Market Intelligence said.
Raging Rhodium: Platinum group metal rockets to record highs of more than $20,000 an ounce
Rhodium has roared into 2021 like a lion on steroids.
Gold, silver see late buying support on Powell's inflation comment
(Kitco News) - Gold prices are trading near steady and silver prices are higher in midday U.S. trading Thursday.
Gold, silver rise on some safe-haven demand, bargain hunting
(Kitco News) - Gold and silver futures prices are higher in midday U.S. trading Wednesday, on some safe have demand as there is some keener risk aversion in the marketplace at mid-week.
The surprising 'driver' of future silver demand
(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.
