PGM News and Press, iPathA Series B Bloomberg Platinum Subindex Total Return ETN From 03/18/21

Low-carbon technologies use much larger amounts of metal than traditional fossil fuel-based systems. The Paris Climate Agreement, which was ratified by 174 countries and the European Union in 2016, aims to keep global warming "well below" 2 degrees Celsius this century and ideally not...

The U.S., EU and China all have decarbonization plans that center around projects requiring more copper and platinum. China imported record levels of copper in 2020. Some analysts consider it the first leg of increasing demand driven by renewables. The rising cost of copper is lik...

The big news of the week was the spike in interest rates, which according to the press reports I read, "came out of nowhere". Last week's economic reports were mostly positive and better than expected. US stocks took a breather last week but global stocks managed a small gain. ...

Industrial metals have been surging while precious metals like gold have been facing their fair share of selling. Industrial metals are up 11.43% while their precious metals counterpart is down by over 4%. Tin, copper, and nickel have been leading in those gains. For further...

On Wednesday, both copper and platinum rallied up to multi-year highs. Pollution-scrubbing devices require specialty metals to do the job - namely, platinum, palladium, and/or rhodium. Given the growing inflation risks from unprecedented government and Federal Reserve "stimulus" c...

Platinum prices (XPTUSD:CUR) for March delivery jump nearly 5% to $1,252.60/oz. to the highest level since 2014, as investors bet that a recovery in industry and stricter emissions rules will tighten supply."Optimism on the outlook for industrial and car demand, more stringent emission regula...

Silver mining equities as well as silver itself got a big pop yesterday and is seeing follow-up today. As of this Friday recording, spot silver checks in at $27.30 an ounce, up 6.3% for the week. Gold prices meanwhile are flat for the week to trade at $1,864 per ounce. Platinum pr...

Platinum was the best-performing exchange-traded precious metal of Q4 2020. Bullish action in early 2021 lifts platinum to a four-and-a-half-year high. $1,200 is the critical level - liquidity may be the factor that causes an explosive rally. Platinum is cheap compared with go...

The price of platinum could climb another 80% over the next 4-5 years as the global economy recovers and supply dwindles, Sibanye Stillwater (SBSW) CEO Neal Froneman tells Bloomberg.Platinum has has nearly doubled from an 18-year low in March, but the metal "only just started to re-rate ...

The stock market made an all-time high in its first week of 2021, shrugging off the violence, and the Treasury market recaptured 1% on the 10-year note, closing the week at 1.12%. Furthermore, there is no pressure in the junk bond market, which, rightly or wrongly, assumes that with t...