LONDON, 27 September 2020 - Demand to buy silver on BullionVault last week outstripped gold demand for the first time reports today's Sunday Times, reaching a total of ?22.9 million against ?20.6m.Also quoting BullionVault analysis as well as its trading data, "Silver, like gold, acts as a safe haven asset and store of value," says the UK's best-selling Sunday broadsheet.Read the full story in t...Read More
LONDON, 3 August 2020 - BullionVault analysis features today in Die Welt reporting on the outlook for industrial precious metals led by silver.With gold prices setting new all-time highs this week, "In the coming months strong industrial demand for silver could have a positive impact on its price," says Germany's 5th best-selling daily newspaper, quoting BullionVault's Adrian Ash.Read the full sto...Read More
LONDON, 29 July 2020 - Fear of inflation is not the prime motivation for people investing in gold reports finance-professionals site Citywire today, quoting a survey of BullionVault users.Instead, 61% of the 1,300 respondents to BullionVault's twice-annual poll this month believe bankruptcies and defaults due to the Covid pandemic now pose the largest threat to global financial stability.Read the...Read More
LONDON, 29 July 2020 - BullionVault is named today as a way for private investors to buy physical silver by the UK's Daily Telegraph.Subscribers can read the full story here:Forget gold, silver is rising faster and will continue its run Read More
LONDON, 28 July 2020 - Comment from BullionVault features today in a report on 2020's surge in demand for physical gold storage from today's New York Times.Investors face "a multitude of options," says the 3-page report, "from burying in the backyard to posh steel-lined vaults." Read the NYTimes story in today's edition or online here:Where Is All That Gold Being Stored? 2020-07-28 15:01:06 Read More
LONDON, 28 July 2020 - BullionVault director of research Adrian Ash was a guest today on Sky News' flagship lunchtime business show.Explaining what is driving the gold price to new all-time highs, Adrian also discusses the surge in physical bullion trading during the Covid Crisis so far, plus the outlook for gold-mining shares and output.Watch the full 5-minute interview with Sky News' anchor Ian...Read More
LONDON, 24 July 2020 - BullionVault features today in Germany's best-selling broadsheet newspaper, Frankfurter Allgemeine Zeitung, reporting on the boom in silver investment."The number of people seeking stability and diversification from precious metals investing has never been greater," FAZ quotes Adrian Ash, director of research at the online provider.Quoted alongside other experts in the marke...Read More
LONDON, 13 July 2020 - Comment and data from BullionVault features today in a report on the rising price of silver from major US investment news-site MarketWatch."The number of private individuals seeing stability and diversification with precious metals has never been greater," the report quotes Adrian Ash, director of research, adding that client holdings of the grey precious metal have now grow...Read More
Liberty Steel, part of the GFG Alliance, has restarted Adhunik Steel in India six months after it acquired the plant, the company said on Thursday October 22. The company said that it had restarted the first phase of production at Adhunik Metaliks Ltd and Zion Steel following the acquisition of the steel businesses in February 2020. The acquisition of the Indian site is a strategic investment in o...Read More
LONDON, 6 October 2020 - BullionVault's director of research Adrian Ash is today interviewed in this week's edition of popular German business and finance magazine ?,?uro am Sonntag about trading and storing physical gold.Published in Munich since 1998, "Aren't ETFs that securitize delivery claims for physical gold easier?" asks the magazine."ETFs mediate gold investment through a trust fund struc...Read More
Demand for rebar and billet in Egypt failed to improve in the week to Thursday, October 22, despite the authorities reducing safeguard duties on the products, sources told Fastmarkets.Steel billet and rebar prices in Egypt were unchanged as a result, they added. The duty for imported billet was cut to 13% for the cif market last week, with a $60-per-tonne minimum, compared with ...Read More
The European Commission (EC) has opened an anti-dumping (AD) probe into imports of steel wind towers originating in China, the commission said on Wednesday October 21.The investigation started after the European Wind Tower Association lodged a complaint on behalf of European producers on March 17 - the association represents more than 25% of the total European production of steel wind towers.The p...Read More
Now is not the time for Freeport-McMoRan to be thinking about mergers and acquisitions, the mining company's chief executive officer says.According to Richard Adkerson, the company - which is just over half-way through a mega-project to transform its giant Grasberg copper-gold mine in Indonesia from an open-pit to an underground operation - is on the verge of creating huge shareholder value."I jus...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.US ERW OCTG edges higher, seamless could followRising substrate costs helped support US ERW OCTG prices this month, especially at the upper end of the range of offers. Seamless OCTG and linepipe prices, meanwhile, held firm compared with September prices. The fundamentals remain weak, with rig counts going up...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Iron ore remains the most bullish commodity of the year, with prices fuelled by Chinese demand and supply disruptions in Brazil, along with bullish sentiment. But prices are expected to come down because Brazilian exports have begun to recover, and have reached their highest level since the Brumadinho dam disaster in 2019. W...Read More
Polyus PJSC, Russia's largest gold producer, said its untapped Sukhoi Log deposit in Siberia holds the world's biggest reserves.Read full newsRead More
Oct 25, 2020 Guest(s): Jeffrey Christian Managing Partner, CPM Group While electric vehicles (EVs) are gaining popularity, the rate at which EVs will gain market share will not be as fast as commonly expected, meaning that the auto industry will still need the platinum group metals (PGMs) for catalytic converters in the foreseeable future, said Jeff Christian, managing partner of CPM Group. "The...Read More
Here are five Fastmarkets stories you might have missed on Friday October 23 that are worth another look....Read More
Meanwhile in China, Communist Party officials begin a four-day policy plenum today, to lay out a five-year plan to guide the economy to 2025.Gold has dropped below US$1,900 an ounce on the spot market, to about $1,895/oz at the time of writing.Base metals closed lower in London on Friday as the virtual LME Week wound up, where one panel had heard metals demand could stagnate in 2021 due to a secon...Read More
Here are five Fastmarkets stories you might have missed on Friday October 23 that are worth another look....Read More