Precious Metals Update Gold price to benefit from further central bank buying We expect official purchases to be one of several factors that boost gold prices in the next year or two, despite the prospect of tighter US monetary policy and renewed strength in the dollar against... 8th June 2015 · 1 min read
Commodities Weekly Ample supply to cap oil prices Commodity prices have remained under pressure from continued dollar strength, although supply concerns in the past week have supported some agriculturals – notably wheat and coffee. US lumber prices... 5th June 2015 · 1 min read
Precious Metals Update Can gold buck the trends of rising yields and dollar strength? In the short term it is often hard for the price of gold to decouple from movements in US bond and currency markets – as the initially negative reaction to today’s strong US payrolls report has once... 5th June 2015 · 1 min read
Precious Metals Update Strong US auto sales to boost PGMs demand We believe the prices of platinum group metals (PGMs) will benefit from increased autocatalyst demand. However, palladium is likely to outperform platinum due to the limited penetration of diesel cars... 4th June 2015 · 1 min read
Metals Chart Pack Silver continues to outshine other precious metals Despite renewed strength in the US currency, precious metals prices held up well in May compared to other commodities. Silver outperformed gold (by nearly 4%), as is usual when the prices of both... 3rd June 2015 · 1 min read
Commodities Chart Pack Strong dollar and ample supply weigh on prices R enewed strength in the US currency undermined most commodity prices again last month, with ample supply dragging down crude oil and many agricultural too. Lingering concerns over the risk of a “hard... 1st June 2015 · 1 min read
Commodities Weekly Dollar strength weighs on commodities (again) Commodity prices mostly fell in the past week, dragged lower by renewed strength in the US currency. Leading the falls, natural gas prices reversed their weather-related gains from earlier in the... 29th May 2015 · 1 min read
Precious Metals Update End of bull market in Chinese equities would help gold The lure of a soaring stock market has surely dampened Chinese investors’ demand for gold. Correspondingly, even though we are not predicting an imminent crash, the precious metal should benefit when... 29th May 2015 · 1 min read
Metals Data Response China’s gold imports (Apr.) A fall in mainland China’s gold imports from Hong Kong in April has been more than offset by higher imports of the metal by India. Hence, we believe fears of a slowdown in demand from key emerging... 28th May 2015 · 1 min read
Metals Watch Silver price to rally as market falls into deficit After several years of declines, we believe 2015 could be a turning point for the silver price. Lower mine supply, coupled with an increase in demand for jewellery and industrial applications, should... 28th May 2015 · 1 min read
Commodities Weekly Fed back in focus as US inflation picks up The past week has been a good one for commodity prices, with most recording at least a small increase. Adverse growing conditions boosted the prices of coffee and wheat, while silver again... 22nd May 2015 · 1 min read
Precious Metals Update Platinum and palladium markets to remain tight We believe that platinum and palladium markets will be significantly tighter than the consensus currently anticipates in 2015. This should lead to further price rises in the second half of the year. 21st May 2015 · 1 min read
Industrial Metals Update Investors still cautious, for now Over the past month, precious metal prices have posted decent gains, led by silver. While the technical outlook is improving, investor sentiment remains broadly bearish. This suggests further price... 20th May 2015 · 1 min read
Commodities Weekly Dovish US data support commodity prices Commodity prices have generally had a good week, helped by further soft economic data from theUS and a renewed decline in the value of the dollar against other major currencies. Thestabilisation in... 15th May 2015 · 1 min read
Metals Data Response Q1 World Gold Council Demand Trends The World Gold Council depicts a broadly stable picture of the gold market in Q1 in its latest World Demand Trends report, published today. While jewellery demand fell by 3% y/y, investment demand... 14th May 2015 · 1 min read
Precious Metals Update Platinum price to benefit from approaching “strike season” There is a renewed risk of strike action at South Africa’s platinum mines as companies are forced to restructure, leading to job cuts. We believe that the platinum market is already quite tight after... 13th May 2015 · 1 min read
