News Headline Summary
Deutsche Bank on precious metals - Bernanke’s more dovish commentary on the pace and timing of tapering has been supportive for the precious metals complex...
...certainly in limiting the downside. We continue to favour PGMs, especially palladium with the market likely to register a second yearly deficit. However, given the metal’s relative out-performance, we expect there may be some profit taking should US and China auto sales start to slow.
09:15, 22 Jul 2013 -
12:41, 08 Jul 2013
Having now gone through the major pit opens, precious metals see decent gains, paring losses that followed Friday's NFP number, showing the general trend that is also seen in equity markets ahead of the open on Wall Street...
06:06, 26 Jun 2013
Precious metals sustained hefty losses overnight as Asian markets reacted to yesterday's better than expected US economic data...
06:33, 18 Jun 2013
Precious metals have been trending lower since European participants have come into the market as the USD Index now resides at session highs with a gain of 0.25%...
13:17, 03 Jun 2013
Platinum continues to outperform its counterparts in the metals complex, rallying +2.32% in the session as South Africa police confirm earlier reports of a Union member being shot dead at Lonmin mine...
16:08, 20 May 2013
Spot gold test USD 1400/oz as precious metals see a pick-up in volume and bid-tone after spot silver moves into positive territory, paring overnight losses after talk of margin calls; spot gold now up +2.1%
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