In a nutshell: The economic impact of COVID-19/ coronavirus has yet to put any significant pressure on prices for the platinum group metals But if containment fails and the epidemic becomes a prolonged global pandemic, the economic fallout will lead to palladium prices topping out around current levels with a 10% to 20% fall in
Today, we consider the investment case for the precious metal, platinum. I’ve identified platinum as “cheap” on these pages before and that is an adjective that still applies. In fact, now it is “even cheaper”. So should we be buying, selling, holding – what to do now? Why does anyone need platinum? Let’s start with
Sales of plug-in electric vehicles in China were almost four times those in the U.S. last year, and the gap is expected to widen this year. The world’s largest car market is engineering a massive shift over the next two decades away from cars with combustion engines toward battery-powered cars. It is a way for
The platinum market is expected to be broadly balanced over the year with a deficit of 65 000 oz forecast for this year. Above ground stocks are expected to end the year at 1.89-million ounces, which is a 3% decline on 2016 and in excess of 54% down from 2012 levels.This is according to the
Palladium prices rose to a two-year high in April, making it the biggest gainer among precious metals. Last month we outlined some of the factors contributing to the palladium price rise: a growing auto sector; a strong South African currency; a falling dollar; and bullish sentiment across industrial metals. However, as prices continue to climb, it’s
Mean reversion is one of the most powerful mathematical forces in the universe. (The “mean” is just another word for the “average”.) In mean reversion, extreme or random events may take you one way – but then they usually revert back to normal, or the average, over time. Mean reversion refers to the universal tendency
Platinum prices in 2017 have been outperforming the broader market, making the precious metal a worthy investment. The price of platinum has gained 9% this year from $905.70 on Dec. 30, 2016, to $987.60. These returns top the Dow Jones Industrial Average’s gain of 4.1% over the same period. What’s more, Money Morning Resource Specialist Peter Krauth predicts
Mobile emission catalyst helps in emission reduction from automotive and stationary engines from many vehicles such as cars, trucks, commercial vehicles and buses. It reduces emission of various gases such as carbon dioxide (CO2), carbon mono oxide (CO), hydrocarbons (HC), oxide of nitrogen (NOx) and other gases which are produced due to incomplete combustion of
At just over $950 an ounce, platinum is trading at a near all-time discount to gold. Meanwhile, the market is faced with serious platinum supply deficits that almost promise to send prices much higher from here. And for the few investors who recognize the opportunity and take action, large gains seem quite likely. The World
Global Forecast to 2021″, published by MarketsandMarkets(TM), the market is projected to grow at a CAGR of 8.05%, to reach a market size of USD 55.16 Billion by 2021. The Catalytic Converter Market is primarily driven by the stringent emission regulations, increasing vehicle production, and vehicle parc. “Selective Catalytic Reduction (SCR) is projected to be
Palladium prices are seeing a significant amount of upside and even after they set a fresh two-year high on Thursday they saw more strength on last Friday. Palladium futures for May delivery closed up 1.7%, taking their weekly advance to 5.8%. Palladium garnered some strength from increased demand for safe haven investments due to the
Despite a 6% retreat this month, 2017 platinum price forecast remains extremely bullish. In fact,Money Morning Resource Specialist Peter Krauth expects the price of platinum to soar 34.2% to $1,300 by the end of the year. platinum’s recent decline has only been caused by short-term factors. The biggest drag on the platinum price this month has been the expectation
