Precious metals are among the best places to park your money in times of economic or political distress. Gold and silver offer stability during a period of extreme stock market volatility and low bond yields, and while they do not pay interest or dividends, they are not subject to inflation like paper currencies. It is also, in my opinion, a smart strategy to allocate a portion of gold a...Read More

When the USDX declines, the PMsusually celebrate and rise as a result. However, this was not the caseyesterday – and we can’t ignore it.“Reversal” is the name of the game, atleast when it comes to the precious metals market.The USD Index declined profoundly onceagain yesterday (May 18), and gold, silver, and mining stocks ignored thismove. They didn’t want to follow i...Read More

Here are five Fastmarkets stories you might have missed on Friday May 21 that are worth another look.The export price for pig iron from the south of Brazil increased again in the week to May 21, on continuing strong demand and long lead times, with suppliers said to be sold...Read More

Gold recovered after a downward response to the surge in inflation. What’s next for the yellow metal?Gold rebounded after an initially bearish reaction to the BLS report showing that inflation soared 4.2% in April year-to-year. This means we have an inflation annual rate doubling the Fed’s target and the highest since the Great Recession as the chart below shows. It might now seem coun...Read More

Financialmarkets have become a complete joke. From GameStop to Dogecoin to non-fungible tokens(NFTs), a plethora of assets have been pushed to laughable heights with thehelp of the Federal Reserve’s funny money.Justabout everyone, except for stone-faced Fed officials, seems to be in on thejoke.Dogecoinpromoter and billionaire Tesla founder Elon Musk poked fun at cryptocurrencies and the U.S....Read More

 Easy choices lead to a hard life (or atleast losses), and because gold’s downside move is delayed, it’s extremely easyto be bullish on gold right now.It’s easy to get carried away by theday-to-day price action, and it’s even easier to feel the emotions that othermarket participants are feeling while looking at the same short-term priceaction. Right now, it’s tem...Read More

In the first portion of this research article, I highlighted the correlation between Gold and the US Dollar as well as the correlation between the US Dollar and the EURUSD and JPYUSD.  The purpose of this example was to highlight the different phases of US Dollar appreciation vs depreciation compared to the EURUSD/JPYUSD.  The EURUSD and JPYUSD are often compared to the US Dollar as majo...Read More

Although Gold has continued to drift downward after reaching a peak near $2089.20 in early August 2020, our Custom Gold Inverse Trending Index suggests this weakness has actually built a very strong momentum base – preparing for a big move higher.The relationship of Gold to the US Dollar is a fairly widely known correlation.  When the US Dollar is weaker, Gold tends to rally.  When...Read More

The gold miners’ stockshave powered higher in recent months, solidifying a strong young upleg.  But the extended-correction low leading intothis latest rally has left sector psychology fairly bearish.  Traders are skeptical about gold stocks’upside potential, wary of another serious selloff.  The gold miners’ just-reported Q1’21operating and financial results...Read More

Here are five Fastmarkets stories you might have missed on Friday May 21 that are worth another look.The export price for pig iron from the south of Brazil increased again in the week to May 21, on continuing strong demand and long lead times, with suppliers said to be sold...Read More

Junior miners may soon suffer abreakdown of the short-term support line. So, what’s responsible for theirunderperformance of gold and stocks?Today’s technical part of the analysis isgoing to be brief, as I have discussed multiple things this week and mycomments remain up-to-date. There’s not much to add today, and we’ll go overonly one technical chart – the one where...Read More

Don't expect much in Silver action until mid June as the...by Bix Weir of Road to RootaDon't expect much in Silver action until mid June (only 3 weeks away!) as the JULY COMEX Delivery Month is shaping up to be a DOOZY! There's currently 730Moz of Silver Open Interest...all of which could be called for DELIVERY! Usually the banksters play their shell games but with the Congressional Meetings comin...Read More

RAPAPORT... Global luxury sales could return to pre-pandemic levels this year, boosted by a strong recovery in China and an unexpected early rebound in the US, according to Bain & Company.In the first quarter of 2021, revenue from luxury products grew up to 1% compared to the same period in 2019, the US management consultancy group said in its Luxury Study 2021 Spring Update. The increase came...Read More

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The outbreak of coronavirus, the oil price crash and the impending global recession present an enormous challenge for energy and natural resources. How are you keeping up with the spread of Covid-19 and its impact on your sector?We&rs...Read More

RAPAPORT... A 12.20-carat, marquise-cut diamond was the top seller at a recent Skinner Auctioneers sale, more than tripling its high estimate.The unmounted, G-color, SI1-clarity diamond fetched $472,000, well above its $150,000 valuation, at the May 18 sale, Skinner said Saturday. The stone came from the descendants of Irene Langhorne Gibson, who is thought to have modeled for her husband, Charles...Read More

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Why is zinc expected to see significantly higher zinc prices later this decade?A spate of scheduled mine closures, an underdeveloped project pipeline and steady demand growth is expected to provide the basis for significantly higher z...Read More

RAPAPORT... Jewelry sales at Richemont grew 3% for the full fiscal year as double-digit increases in Asia Pacific, the Middle East and Africa outweighed a lackluster performance in other regions.Proceeds from the category rose to EUR 7.46 billion ($9.08 billion) for the 12 months ending March 31, Richemont said last week. The increase was driven by solid sales of the company's Cartier, Van Cleef &...Read More

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Back before coronavirus knocked “normal” out cold, the key issues for miners were sub-investment prices, rising requirements for ESG and decarbonisation. How things change. So while our base case view is that the recession...Read More

RAPAPORT... Shairu Gems Diamonds claims to have become India's first natural-diamond manufacturer to achieve carbon-neutral status, using offsets to cancel out emissions.The company worked with consultants Natural Capital Partners to calculate its carbon footprint across its own global operations, as well as emissions resulting from third-party transporters and distributors, business travel a...Read More

(IDEX Online) - Specialty jewelers have been recovering well after the devastating early months of the pandemic, according to the first figures release by the US Department of Commerce for well over a year.  It's the first time we've seen official figures since January 2020. They show sales in the April 2020 crash fell by 78.5 per cent - slightly worse than the 75 per cent estimate...Read More