PL=F - Platinum Futures,Apr-2019
| Pre. Settlement | N/A |
| Settlement date | 2019-04-26 |
| Open | 796.50 |
| Bid | 797.30 |
| Last price | 796.40 |
| Day's range | 796.50 - 797.70 |
| Volume | 98 |
| Ask | 797.70 |
Bloomberg•13 days agoPalladium Still Isn’t Pricey Enough
Palladium, once considered an unattractive by-product of platinum mining until the rise of catalytic converters in the 1970s, is hitting new records. You might think this spike will spark an immediate reversal and slump, as is often the case with commodity prices. Palladium and platinum are part of an intertwined group of rare metals(1) that occur in only three regions on the planet: Southern Africa, Siberia and, in smaller amounts, in the U.S. and Canada.
- Bloomberg•23 days ago
Gold Barrels Into 2019 as Growth Concerns Spur Demand for Haven
A weakening dollar in December aided the rally amid expectations the Federal Reserve will dial back the pace of rate increases next year. “For gold prices, I think there is upside to be seen in 2019,” Jingyi Pan, market strategist at IG Asia Pte., told Bloomberg TV on Monday, citing prospects for fewer tightening moves from the U.S. central bank. Prices held their ground even after U.S. President Donald Trump struck an upbeat tone on his trade dispute with China, one of the lingering threats to growth going into next year.
- Simply Wall St.•3 months ago
Why Sylvania Platinum Limited’s (LON:SLP) CEO Salary Matters To You
Terry McConnachie has been the CEO of Sylvania Platinum Limited (LON:SLP) since 2010. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Then Read More...
- Zacks•5 months ago
Franco-Nevada Bets on Oil & Gas as Candelaria Grades Drop
Franco-Nevada (FNV) will benefit from a strong Oil & Gas segment aided by higher oil prices and acquisitions that will offset the impact of lower production from mining assets, mainly Candelaria.
- FX Empire•5 months ago
Silver Price Forecast – Silver markets struggle on Thursday
The Silver markets roll over a bit during the day on Thursday, as precious metals in general were a bit soft. However, I do think that we are still range bound but in the longer-term downtrend, so I think that rallies will continue to face troubles.
- Motley Fool•5 months ago
Here's Why South African Gold Mining Stocks Are Down Big Today
Companies desperate to turn struggling operations around have cut jobs left and right, but the government issued a stern warning against further layoffs.
- Motley Fool•5 months ago
Why This Gold Play Is Switching Gears
Can a new focus on energy really rescue this company from falling prices for precious metals?
Market Realist•6 months agoCommodities Are Weak Early on July 27
Crude oil started this week on a weaker note and moved higher as the week progressed. After gaining for three days, crude oil opened slightly higher on Friday and was trading with mixed sentiment in the early hours.
- Motley Fool•6 months ago
The 5 Worst Gold Stocks of 2018 (So Far)
These gold stocks have been clobbered so far, but is the future any brighter?
- Motley Fool•6 months ago
Better Buy: Freeport-McMoRan Inc. vs. Wheaton Precious Metals
Both precious metals companies have ambitious plans for growth. Which one is poised to deliver the most value to shareholders over the long run?
- Market Realist•7 months ago
What’s the Correlation of Miners in 2018?
The revival in precious metal prices on Friday, June 29, caused a rebound in miners. The fall in metals on Monday once again caused mining stocks to plummet.
- Market Realist•7 months ago
What’s the Impact of Interest Rates on Precious Metals?
Monetary policies have been crucial in determining the movement in precious metals. The rising interest rate supports the US dollar. The higher the interest rate, the more money will flow to the higher-paying country.
Market Realist•7 months agoA Quick Look at the Volatility of Precious Metal Miners
With the revival of the US dollar, the precious metal and mining stocks have tumbled significantly over the last few months. The Global X Silver Miners ETF (SIL) and the VanEck Vectors Gold Miners ETF (GDX) have also been heavily impacted. These two funds have declined ~1.8% and ~4.6%, respectively, during the last month, and they saw respective YTD losses of 5.6% and 11.3%.
- Market Realist•7 months ago
Which Miners Are Closely Correlated to Gold?
As we’ve seen so far in this series, gold tends to influence the price movement of precious metal miners. In this article, we’ll take a look at the correlations of selected miners with gold. Gold is the most dominant of the precious metals, and silver, platinum, and palladium are known to closely track its trends.
- Market Realist•7 months ago
How the Platinum Markets Are Moving in Relation to Gold
The falling platinum prices have been a major concern for platinum mining companies in Africa. Platinum, like palladium, is used as a catalyst to reduce carbon monoxide emissions in vehicle engines. The platinum market has been in short supply over the last few years, and its deficit is expected to expand in 2018 as well. The same factor that supports palladium prices is also detrimental to platinum prices.
- Market Realist•7 months ago
Are the Technical Indicators Showing Some Hope for Miners?
Most precious metals and their related mining companies have witnessed a choppy market in most of 2018, thanks to slumping precious metal prices. Precious metals are more closely associated with the downturn in these precious metals rather than the overall sentiment of the equity markets.
- Market Realist•7 months ago
How Is Palladium Reacting to the Changes in Gold?
Although palladium has been the strongest among the four precious metals over the last month, it has fallen 9.8% year-to-date. Like silver, palladium often depends on industrial sentiment. It sometimes reacts more closely to the broader equity markets than its precious metal status.
- Market Realist•7 months ago
Looking at the Spread between Gold and Silver
When analyzing the comparative movement in the precious metal markets, it’s crucial that we take a look at the relative performance of these metals. The spread is an excellent gauge in assessing the growth of gold, silver, platinum, and palladium. In this article, we’ll look at the spread between gold and silver.
Market Realist•7 months agoA Look at the Correlation Analysis for Miners
As we’ve seen so far in this series, gold tends to influence the movements of precious metal miners. In this article, we’ll take a look at the correlations of selected miners with gold. As gold is the most dominant of the precious metals, silver, platinum, and palladium are known to track its movements closely.
- Market Realist•7 months ago
Gold’s RSI Level Drops below 30—What’s Next?
As we see fresh six-month lows for gold, some technical indicators are pointing toward a possible revival in its price. The RSI (relative strength index) for gold was 25. An RSI level below 30 indicates that the asset may be oversold and could see a possible revival in price.
