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Palladium prices plunged as much as 13% on Monday as commodities tumble across the board amid rising concerns over prolonged COVID-led lockdowns in Shanghai and potential increases to U.S. interest rates that could hurt global growth and demand. June palladium (XPDUSD:CUR) recently traded -10...
From palladium to wheat, disruptions are already putting upward pressure on prices across a range of everyday products, heightening macroeconomic and market risks over the coming quarters. Ukraine and Russia are major exporters of palladium, nickel, grains, and other resources that ar...
Palladium prices jumped another 5% on Monday to a more than two-week high, extending Friday's nearly 9% surge, prompted by supply concerns following the suspension of trading by Russian refiners in London as a result of the Ukraine crisis. Palladium (XPDUSD:CUR) recently rose 4.5% to $2,534.4...
Palladium prices soared as much as 11% on Friday after the London Platinum and Palladium market authority said it would block Russian refineries from selling the metal in London as a result of the Ukraine crisis. Palladium (XPDUSD:CUR) jumped as high as $2480.42/oz following the announcement ...
Inflation expectations have kept the Federal Reserve center stage as they commenced their interest rate rising cycle in March. The war in Ukraine and Omicron’s spread in China impacted inflation and supply chains differently, but both delay supply chain normalization. Regar...
Even before the war began, supply chain frictions had only improved marginally from the Covid-19 pandemic. Now, expect even longer-lasting disruptions, a new round of delays, and protracted supply shortages. No economic sector can escape the surge in energy prices. For furth...
Inflation pressures were already elevated heading into 2022, and the Russia/Ukraine war is creating additional concerns. The current macro outlook has darkened. The mixture of higher inflation and lower demand adds to an already precarious policy environment. For further det...
Palladium futures plunge as much as 17%, reversing from all-time highs on indications that the war in Ukraine may not inhibit supplies as much as first thought from top producer Russia, which mines ~40% of the world's total. Palladium in London (XPDUSD:CUR) recently -13.6% to $2,433.35/oz, fa...
The Russian invasion of Ukraine has created significant uncertainty for the cycle outlook. The global economy was on track for strongly above-trend growth in 2022. The war in Ukraine will likely have a negative impact on growth and cause higher inflation this year, with Europe tak...
Global markets are in turmoil as the Russian invasion of Ukraine triggers nuclear fears. Inflation fears are also being triggered. Oil futures are now trading at over $110 per barrel, but that’s not the only thing surging. Grains and other agricultural commodities skyrocketed b...
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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, April 17, 2023 (GLOBE NEWSWIRE) -- Pure Gold Mining Inc. (NEX:PGM.H) (the “ Company ”) announces that it has entered into a binding letter agree...
VANCOUVER, British Columbia, March 30, 2023 (GLOBE NEWSWIRE) -- Pure Gold Mining Inc. (NEX:PGM.H) (“PureGold” or the “Company”) announces that today the Supreme Court of British Columbia (the “Court”), on application by the Company in its ongoing Companie...
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, March 17, 2023 (GLOBE NEWSWIRE) -- Pure Gold Mining Inc. (NEX:PGM.H) (“PureGold” or the “Company”) announces today the departures of M...