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PHYS News and Press, Sprott Physical Gold Trust ETV From 05/29/24

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Company Name: Sprott Physical Gold Trust ETV
Stock Symbol: PHYS
Market: NYSE
Website: sprottphysicalgoldtrust.com

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PHYS - Strong Global Gold Demand Will Propel Gold Higher

2024-05-29 08:15:00 ET Summary The Reserve Bank of India has been steadily and consistently accumulating more gold on a monthly basis. Dealers in China are charging $20 to $25 per ounce above the global spot price. According to the World Gold Council, total global demand for g...

PHYS - Commodities have room to rally on positive fundamentals, UBS' Marcelli says

2024-05-29 06:05:34 ET Energy Crude oil ( CL1:COM ) +0.27% to $80.49. Natural Gas ( NG1:COM ) -1.38% to $2.80. Metals Palladium ( XPDUSD:CUR ) -1.88% to $963.50. Platinum ( XPTUSD:CUR ) -1...

PHYS - Don't Expect A Stock Market Correction, But The Easy Money Has Been Made

2024-05-28 08:05:00 ET Summary While it is not the time to be making any kind of significant bear case for risk assets, I think we are reaching the stage in the cycle where most of the easy money has been made. The dollar, oil, and input prices all remain fairly stable and are far...

PHYS - Commodity Roundup: Oil up with focus on OPEC; Citi's Max Layton sees gold at $3K

2024-05-28 05:58:27 ET Energy ... Crude oil ( CL1:COM ) +0.47% to $78.96. Natural Gas ( NG1:COM ) -0.02% to $2.50. Metals Palladium ( XPDUSD:CUR ) -1.31% to $983.00. Platinum ( XPTUSD:CUR ) ...

PHYS - Pete Najarian On AI, Financials And Staying Disciplined

2024-05-27 07:00:00 ET Summary Pete Najarian, co-founder of Market Rebellion, discusses the current state of the economy, Fed policy, and the impact on the markets. Pete never bought into the "5, 6, 7 Fed cut" talk in early 2024 - but thinks the market largely has the Fed right no...

PHYS - Copper prices to quadruple on soaring demand, top commodity trader Andurand says

2024-05-24 19:15:05 ET More on copper and copper miners Does Copper's Rally Have Room To Run? CPER: Long-Term Copper Outlook Is Bullish, But Short-Term Caution Advised COPX: Copper Squeeze Could Stretch Beyond 2030 Read the full article on Seeking Alpha ...

PHYS - Commodity Roundup: Commerzbank considers price correction in metals 'justified'

2024-05-24 06:12:55 ET Energy ... Crude oil ( CL1:COM ) -0.89% to $76.21 Natural Gas ( NG1:COM ) +1.11% to $2.69 Metals Palladium ( XPDUSD:CUR ) -0.05% to $974.00 Platinum ( XPTUSD:CUR ) +0.28 to $1,031.0 ...

PHYS - 'Overbought' gold adds to losses after tough Fed talk on rates

2024-05-23 16:50:35 ET More on gold and gold miners Exceptionally Strong PBoC And Chinese Private Sector Buying Continues To Boost Gold Price Gold At $3,000 Is The Wrong Way To Think About The Precious Metal Gold And U.S. Politics Read the full article on S...

PHYS - Commodity Roundup: Global steel production drops in April, metals under pressure

2024-05-23 06:01:48 ET While China's latest efforts to stabilise the crisis-hit property sector are a welcome boost to sentiment , they’re unlikely to materially boost demand for iron ore and steel, ANZ Research said on Thursday.... Read the full article on Seekin...

PHYS - Exceptionally Strong PBoC And Chinese Private Sector Buying Continues To Boost Gold Price

2024-05-23 03:10:00 ET Summary Chinese private sector gold imports accounted for 543 tonnes in the first quarter, while the People’s Bank of China (PBoC) added 189 tonnes to its reserves over this time horizon. I expect that China will remain a robust buyer of gold going fo...

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