Precious Metals Update Gold down, but not out? Right now the decision to nudge up our forecasts for the gold price in the wake of Donald Trump’s shock victory in the US presidential election may not look like a smart one. Indeed, the price of the... 16th November 2016 · 1 min read
Precious Metals Update Four reasons a Trump presidency is still bullish for gold prices Markets appear to believe that a Trump victory will lead to major infrastructure spending and much more aggressive Fed tightening. As a result, gold prices have fallen. While some fiscal stimulus is... 11th November 2016 · 1 min read
Precious Metals Update Q3 2016 World Gold Council Demand Trends In its Q3 Global Demand Trends report, published today, the World Gold Council (WGC) described a pretty gloomy picture for gold demand. Investment was the only exception, as the economic and political... 8th November 2016 · 1 min read
Precious Metals Update Central banks continue to add gold to their reserves The latest data show that central banks increased their gold reserves in September. However, year-to-date purchases remain substantially lower than in 2015 as temporary factors, like Venezuela selling... 3rd November 2016 · 1 min read
Precious Metals Update Central banks resume gold buying in August The latest data suggest that gold buying from the official sector recovered somewhat in August but overall demand in the year to date remains subdued. That said, we think that the case for gold as a... 7th October 2016 · 1 min read
Precious Metals Update Is China’s appetite for gold faltering? The slump in China’s imports of gold in August has raised concerns about the country’s appetite for the yellow metal. However, the bigger picture is one of relatively robust demand so far this year... 30th September 2016 · 1 min read
Precious Metals Update Why are central banks giving a cold shoulder to gold in 2016? Since 2010 central banks have become major buyers of gold, accounting on average for about 10% of total gold demand over the past five years. However, demand from the official sector has been... 12th September 2016 · 1 min read
Precious Metals Update Any weakness in silver prices to be short-lived The silver price has surged this year, together with gold, bolstered by investor demand especially in the wake of the UK Brexit vote. Although prices might give up some of their recent gains when Fed... 7th September 2016 · 1 min read
Precious Metals Update PGMs rally might have gone too far After falling sharply at the end of 2015, the prices of platinum and palladium have risen by over 20% since the start of 2016. While we remain positive on the medium-term prospects for PGMs, we think... 15th August 2016 · 1 min read
Precious Metals Update Q2 2016 World Gold Council Demand Trends In its Q2 Global Demand Trends report, published today, the World Gold Council (WGC) described another strong quarter for gold demand. Renewed interest from Western investors more than offset... 11th August 2016 · 1 min read
Precious Metals Update Central banks to remain net buyers of gold Central banks resumed their gold purchases in June, after having turned net sellers in May, with Russia and China once again particularly active. While gold demand from the official sector was... 5th August 2016 · 1 min read
Precious Metals Update Weaker currencies continue to sustain supply The prices of precious metals in US dollar terms are back to the level seen at the beginning of 2010, with the exception of platinum, which has fallen sharply during the period. However, production... 4th August 2016 · 1 min read
Precious Metals Update Further upside for gold and silver prices We expect a combination of looser monetary policy in the euro-zone, the UK and Japan and building inflationary pressures in the US to boost the prices of gold and silver over the next year or so... 21st July 2016 · 1 min read
Precious Metals Update Weakness in official sector’s gold buying to be short-lived The latest data suggest that gold demand from the official sector remained subdued in May. However, we expect this to be only temporary as central banks continue to diversify away from the US dollar... 7th July 2016 · 1 min read
Precious Metals Update Will ‘Brexit’ drive a new bull market in gold? The UK’s decision to vote in favour of leaving the European Union in a nationwide referendum on 23 rd June – or ‘Brexit’ – has already boosted the prices of precious metals. The prospects for both... 6th July 2016 · 1 min read
Precious Metals Update Will silver continue to outshine gold? The price of gold has predictably done well in the wake of the UK’s surprise vote to leave the EU (‘Brexit’). But the real star of the show has been silver, whose price has already jumped by 20% in US... 1st July 2016 · 1 min read
