NDTV - 3/30/2020 1:44:00 PM
"Negative impact from covid-19 on the industrial sector is weighing on platinum and palladium prices. Longer lock-downs mean less demand for PGMs from car producers," said Quantitative Commodity Research's Fertig said. Platinum producer Sibanye-Stillwater said it would declare force majeure on supply contracts for platinum group metals (PGMs ...
Seeking Alpha - 3/26/2020 11:55:00 AM
We saw risk-off conditions in all metals. The weakest were the main targets. Even the strong suffer declines. Platinum fell to a multiyear low before bouncing h
Forbes - 3/24/2020 7:46:00 AM
A major “outage” event, the closure of South Africa’s big mining industry for 21 days, is expected to flow into the prices of a wide range of minerals and metals.
YAHOO! - 3/30/2020 12:48:00 PM
Spot gold was up 0.3% at $1,621.60 per ounce by 0941 GMT, while U.S. gold futures gained 0.3% to $1,629.30. "In the near term, gold should be supported by safe-haven buying, but if stock markets drop deeper,
Risk - 3/26/2020 10:26:00 PM
“Given the recent price action, palladium continues to be the most interesting PGM [platinum group metals] to observe,” UBS’s Matthews adds. “For now, the pendulum has swung from a demand standpoint due to the coronavirus causing serious strains on the global supply chain across all commodities. Once the situation normalises, we see no ...
Leader-Post - 3/30/2020 12:17:00 PM
The world’s largest platinum producers Anglo American Platinum, Sibanye-Stillwater and Impala Platinum have declared force majeure on contracts after a three-week national lockdown forced operations to close.
YAHOO! - 3/17/2020 12:33:00 PM
By 1700 GMT, platinum was down 13.2% at $661 per ounce, on track for its biggest one-day decline on record, while gold slipped 1.4% to $1,508.44 per ounce. U.S. gold futures were 0.3% lower at $1,512.
Gold Silver Reports - 3/30/2020 4:14:00 AM
Gold prices slip sharply in India today with Junefutures on MCX falling 0.6% to ₹43,302 per 10 gram, extending losses tothe 2nd session. Among other precious metals, platinum slipped 0.5% to $738.05 per ounce, while silver eased 0.8% to $14.36 per ounce. The head of IMF on Friday warned that countries mustrespond with “massive” spending ...
Swiss Resource Capital AG - 3/17/2020 9:41:00 PM
Sibanye-Stillwater ( https://www.commodity-tv.com/play/sibanye-stillwater-company-teaser-2019/) is accordingly pleased to announce that it has reached agreements in principle, with Anglo Platinum regarding processing of all ... changes in the market price of gold, PGMs and/or uranium; the occurrence of hazards associated with underground ...
Newsd - 3/18/2020 8:08:00 AM
In global markets, gold prices rose on Wednesday after the US Federal Reserve's measures to boost liquidity in the market eased concerns over disruptions to the global economy and a potential cash crunch due to the coronavirus outbreak.