Global Precious MMI: After big gains, silver price holds steady … but could have room to rise

The Global Precious Monthly Metals Index (MMI) gained 3.0% for this month’s MMI value, as the silver price steadied in the second half of August. We’re offering timely emails with exclusive analyst commentary and some best practice advice – and you choose how often you receive it. Sign up today. Silver surge Last month, MetalMiner’s…

The post Global Precious MMI: After big gains, silver price holds steady … but could have room to rise appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

The Global Precious Monthly Metals Index (MMI) gained 3.0% for this month’s MMI value, as the silver price steadied in the second half of August. We’re offering timely emails with exclusive analyst commentary and some best practice advice – and you choose how often you receive it. Sign up today. Silver surge Last month, MetalMiner’s...

The post Global Precious MMI: After big gains, silver price holds steady … but could have room to rise appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

Week in Review: Trump targets Canadian aluminum; copper flattens; silver surges

This past week’s metals news covered everything from silver price movements to the copper price rise’s slowdown to the reimposition of tariffs on some Canadian aluminum. We also broke down President Donald Trump’s recent proclamation with respect to reimposing the Section 232 tariff on some Canadian aluminum. MetalMiner’s Stuart Burns delved into the concern expressed…

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This past week’s metals news covered everything from silver price movements to the copper price rise’s slowdown to the reimposition of tariffs on some Canadian aluminum. We also broke down President Donald Trump’s recent proclamation with respect to reimposing the Section 232 tariff on some Canadian aluminum. MetalMiner’s Stuart Burns delved into the concern expressed...

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Global Precious MMI: Gold, silver prices surge then retrace

The Global Precious Monthly Metals Index (MMI) surged 9% for this month’s MMI value. Surging gold price The gold price recently soared to an all-time high. The gold price is inversely correlated with the U.S. dollar. As such, it is worth noting the U.S. dollar recently fell to a two-year low. The U.S. dollar fell to…

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The Global Precious Monthly Metals Index (MMI) surged 9% for this month’s MMI value. Surging gold price The gold price recently soared to an all-time high. The gold price is inversely correlated with the U.S. dollar. As such, it is worth noting the U.S. dollar recently fell to a two-year low. The U.S. dollar fell to...

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Is silver pausing for a breather or has the market topped?

Silver’s rise has been meteoric since its low in mid-March. The precious metal’s surge has been particularly notable over the last month. Both gold and silver have benefited from cheap money, a weak dollar and stronger oil prices. The yield on the benchmark 10-year U.S. Treasury note is presently around 0.57%, while the oil price…

The post Is silver pausing for a breather or has the market topped? appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

Silver’s rise has been meteoric since its low in mid-March. The precious metal’s surge has been particularly notable over the last month. Both gold and silver have benefited from cheap money, a weak dollar and stronger oil prices. The yield on the benchmark 10-year U.S. Treasury note is presently around 0.57%, while the oil price...

The post Is silver pausing for a breather or has the market topped? appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

Silver’s recovery has been dramatic — but how high can it go?

Early this year, the silver market was going through a tough time. Its reaction to the growing pandemic was in stark contrast to that of gold. The disconnect between the two metals rose to historic proportions, as gold rose on the back of deeply negative real interest rates and expectations, justified or otherwise, of rising…

The post Silver’s recovery has been dramatic — but how high can it go? appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

Early this year, the silver market was going through a tough time. Its reaction to the growing pandemic was in stark contrast to that of gold. The disconnect between the two metals rose to historic proportions, as gold rose on the back of deeply negative real interest rates and expectations, justified or otherwise, of rising...

The post Silver’s recovery has been dramatic — but how high can it go? appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

Week in Review: Challenges ahead for shipping; automakers prep restarts; aluminum prices

Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner, including coverage of: automotive sales, U.S. construction spending, aluminum prices on the SHFE and LME, and gold’s growing premium over silver. Looking for metal price forecasting and data analysis in…

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Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner, including coverage of: automotive sales, U.S. construction spending, aluminum prices on the SHFE and LME, and gold’s growing premium over silver. Looking for metal price forecasting and data analysis in...

The post Week in Review: Challenges ahead for shipping; automakers prep restarts; aluminum prices appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

Global Precious MMI: Gold prices hold steady after grim April jobs report

The Global Precious Monthly Metals Index (MMI) dropped 1.7% this month. Gold prices steady around $1,700/ounce With some states beginning to reopen and ease restrictions put in place to curb the spread of COVID-19, interest in gold as a safe-haven asse…

The Global Precious Monthly Metals Index (MMI) dropped 1.7% this month. Gold prices steady around $1,700/ounce With some states beginning to reopen and ease restrictions put in place to curb the spread of COVID-19, interest in gold as a safe-haven asset has picked up. After falling below $1,500 per ounce in March, the gold price...

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After historic gold-silver price gap in March, investors are starting to bet on silver

Something peculiar is going on in the precious metals markets. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! The Financial Times reports on the dramatic rise in silver ETF ho…

Something peculiar is going on in the precious metals markets. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! The Financial Times reports on the dramatic rise in silver ETF holdings as investors bet on a rally in silver after the gap between gold and the industrial...

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Global Precious MMI: Topsy-turvy month for precious metals amid coronavirus, South Africa lockdown

The Global Precious Monthly Metals Index (MMI) fell 7.0% this month. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Precious metals join base metals in price free fall In time…

The Global Precious Monthly Metals Index (MMI) fell 7.0% this month. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Precious metals join base metals in price free fall In times of economic crisis, investors often flock to that trusty safe-haven asset: gold. But amid the coronavirus...

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This Morning in Metals: U.S. Steel announces Q1 guidance

This morning in metals news, U.S. Steel unveiled its guidance for the first quarter, Glencore issued its response to the COVID-19 crisis, and gold prices are rising in relative value compared with copper and silver. Looking for metal price forecasting …

This morning in metals news, U.S. Steel unveiled its guidance for the first quarter, Glencore issued its response to the COVID-19 crisis, and gold prices are rising in relative value compared with copper and silver. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! U.S. Steel releases...

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