PGM News and Press, iPathA Series B Bloomberg Platinum Subindex Total Return ETN From 06/20/21

Though the Aberdeen Standard Physical Platinum Shares ETF has underperformed since its launch in 2010, interest in the metal has increased since 2020. Buying the ETF is like holding platinum, a metal whose demand is increasing steadily. It is estimated that the metal’s supplies...

The US Fed acknowledged that financial conditions and inflation expectations had rebounded faster than they had predicted, and they now expect to increase their presently near-nil policy rates twice in 2023. Against the commodity-centric loonie, the greenback bounced off the $1.20 dow...

Nornickel ([[NILSY]] -0.1%) says it expects the deficit in the global palladium market to increase this year following the earlier flooding at its mines and accident at its plant.The Russian miner sees rebounding demand combined with flooding at its Oktyabrsky and Taimyrsky mines, as well as ...

The 10M oz./year palladium market may be undersupplied by 1M oz. in 2021 as demand continues to firm, lifting the average price by 37% Y/Y to a record high $3K/oz., Metals Focus says in a new report.Above-ground palladium stocks fell by 169K oz. last year to 12.29M oz., and stockpiles of the ...

Concerns of a rising U.S. dollar may pose a hindrance to initiating commodity exposure from outside the U.S. The launch of new non-U.S.-dollar-denominated S&P GSCI Single Commodities Indices could help commodity exposure seekers gain access while alleviating the external currency ...

With the exception of palladium, precious metals markets have lagged behind other asset classes in 2021. Silver is up 3.2% since last Friday's close to trade at $26.23 per ounce. Platinum is unchanged for the week to trade at $1,223. History suggests that periods of rising inflati...

Gold and silver markets sprung higher on Thursday as April and second quarter trading kicked off. The ongoing threat of inflation - and actual inflation - will lead to more buying of gold, silver, and other hard assets. The market has already been buoyed by ultra-low interest rate...

Norilsk Nickel ([[NILSY]] +3.6%) says it has stopped water inflows at its two major mines in the Siberian Arctic, and both are now on track to fully resume production in coming months.Nornickel partly suspended operations at the two mines last month after detecting subterranean water flowing ...

The unique characteristics of the Covid pandemic recession may lead to a shorter cycle - both because of the unprecedented and intense stimulus, and because of unresolved issues that characterized the late stage of the previous cycle. Because the Fed is planning on being reactive, inv...

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...