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Metals Weekly Round-Up: Palladium Soars on Russian Output Woes

Production disruptions at Russia’s Norilsk Nickel have impacted the platinum and palladium markets, aiding in positive price action for both. Supply challenges continue to drive the palladium price higher, and the metal registered a fresh all-time high of US$3,052 per ounce this week. As palladium moved upward, volatility rocked gold, sending it from US$1,788 per ounce on Wednesday (April 28) to US$1,755 less than 24 hours later. The yellow metal had been on course for its first monthly gain...
Robert Edwards Zinc Study Group Norilsk Nickel Driving The Nickel Report From Leading Industry Will Rhind

Will Rhind: Gold at Key Transition Point, the Case for Platinum

Rising interest rates and a stronger US dollar have weighed on gold, but there’s another element at play as well. Gold has left some market watchers underwhelmed this year after 2020’s all-time high. What’s keeping the yellow metal down, and is there an end in sight? Speaking to the Investing News Network, Will Rhind, CEO of GraniteShares, said rising interest rates and a stronger US dollar are part of the reason gold has failed to gain much steam. But there’s another element at play as...
Charlotte Mcleod News Network Investing News Network Will Rhind Precious Metals Outlook சார்லோட் மக்ல்ந்ட்

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