Frederic Panizzutti News Today

* UK Royal Mint sees demand jump * India, China buying muted (Updates with comments from UK Royal Mint, SD Bullion; updates price reference) Feb 2 (Reuters) - A retail investment frenzy in silver over the past couple of days driven by social media has left dealers in some regions scrambling for bars and coins to meet demand. Silver prices fell on Tuesday as a buying spree by smaller investors seen mainly in silver mining shares and exchange-traded funds fizzled out following a margin hike on fu...

4 Min Read (Reuters) - A retail investment frenzy in silver driven by social media has left dealers from the United States to Singapore scrambling for bars and coins to meet demand. FILE PHOTO: A quality control agent examines a 2013 enhanced silver eagle silver coin at the United States West Point Mint facility in West Point, New York June 5, 2013. REUTERS/Shannon Stapleton Silver prices extended their rally on Monday to an eight-year high as small investors answered calls on social media las...

Tuesday, 1/19/2021 14:44 GOLD PRICES touched $1845 per ounce in London trade Tuesday, rallying $35 from Monday mornings 7-week lows as the Dollar retreated on the currency market and global stock markets edged higher with longer-term interest rates in the bond market.   World No.2 economy China meantime said its building a 4,000-capacity quarantine center as cases of Covid-19 rise, while hospitals in No.3 Japan were said to be "close to collap...

Winners Of LBMAs 2020 Precious Metals Forecast Survey Date 11/01/2021 In mid-January 2020, analysts provided their forecasts for what they thought the average price in 2020 would be for each of the four metals (gold, silver, platinum and palladium).   Four 1 oz gold bars kindly donated by  MKS PAMP GROUP are the reward for the analyst in each of the four metal categories whose forecast is closest to the actual average price in 2020. In the event of a tie, we take into account the analys...

Gold price rally of 2020 crushes analyst forecasts (Image courtesy of PAMP) Gold had a monumental 2020 as bullion soared to multiple record highs throughout the year amid the economic uncertainties brought by the covid-19 pandemic, which helped to cap off its best annual performance in a decade. During the past calendar year, gold prices traded at an average of $1,769.59/oz, well exceeding what most analysts were forecasting in mid-January. Sign Up for the Precious Metals Digest Sign Up Accordi...