Omicron variant: Gold price rises as dollar weakens over variant fears
It may be too soon to gauge if virus concerns have eased rate hike expectations
Source: gulfnews.com
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Gold steadies as concerns over Omicron variant offset stronger dollar
With new cases of the strain found in the Netherlands, Denmark and Australia, more countries imposed travel bars
Source: businesslive.co.za
Gold steady as Omicron fears offset strength in dollar
Gold prices steadied on Monday as concerns over the impact of the Omicron coronavirus variant offset a stronger dollar, with investors assessing whether the emergence of the variant could change the US Federal Reserve's more hawkish stance. Spot gold was little changed at $1,792.41 per ounce by 0446 GMT, while US gold futures advanced 0.4% to $1,792.60. With new cases of the
Source: deccanherald.com
Platinum market heading for biggest surplus in years, WPIC says
The World Platinum Investment Council (WPIC) said on Wednesday the global platinum market would see a much larger surplus this year than it previously forecast and another big oversupply in 2022.
Source: reuters.com
Platinum surplus in 2021 and 2022 as stock unwind boosts supply and muted investment offsets otherwise strong demand
/PRNewswire/ --The World Platinum Investment Council (WPIC) today publishes its Platinum Quarterly for the third quarter of 2021, with a revised forecast for...
Source: prnewswire.com