It was looking this morning as though gold could be ready test even new lower lows based on the trading tape action of late. Suddenly, a 2% gain in the ... Read Full Story »
South Africa’s Anglo American Platinum Ltd. (known as Amplats), the world’s largest platinum miner and a division of Anglo American plc, said today that it plans to reduce production by ... Read Full Story »
The price of platinum is expected to average about $1,770 an ounce in 2013, its highest price since 2011. The price spike is due almost entirely to the closure of ... Read Full Story »
Platinum prices jumped last week following an announcement from Anglo American plc that it would shut down several of its South African mines, ultimately removing about 400,000 ounces of the ... Read Full Story »
Gold had hit yet a new six-month high of $1,779.10 per ounce in early bird trading today after the Bank of Japan decided to ease via an expanded asset purchase ... Read Full Story »
Platinum is taking a very serious, and likely long overdue, breather this Tuesday. Reuters has reported that the highly troubled mine under Lonmin in South Africa is going to have ... Read Full Story »
Gold bugs are finding a mixed reception today, but there is some concerning news out of South Africa that may resemble a bit of the same concern after deadly police ... Read Full Story »
The recession did something interesting to platinum. It took away much of its relevance, and the rising gold prices helped to take away platinum's historic premium. Due to major labor ... Read Full Story »
Leveraged ETFs and ETNs are not new to most investors. They are also not new in all cases when it comes to precious metals. You are likely familiar with the SPDR Gold Shares ... Read Full Story »
Today's commodities news starts with a rise in margin requirements on crude oil contracts, and then looks at weather effects on both crude oil refining and US grain prices. We ... Read Full Story »
Time now for our daily look at commodity prices and news. While a new plan from the European Union might seem to belong more properly in our Alternative Energy Daily, ... Read Full Story »
There is becoming an ETF for everything, and now a new combined metals ETF is being launched that will hold hold silver, platinum and palladium in fixed weights. ETF Securities ... Read Full Story »
They say there is an ETF for just about any strategy. Gold investors and other precious metal investors are now getting a new ETF that will trade as a single ... Read Full Story »
Gold ETFs just keep growing. Investors are going to the shiny yellow stuff in droves despite that new highs keep getting hit. As central banks race to zero on devaluing ... Read Full Story »
The relationship between gold and platinum has been a tenuous one. When things got really bad in 2008 platinum lost its longstanding premium to the shiny yellow stuff. The market ... Read Full Story »