ETFS Physical Platinum
What Will Sibanye Achieve through the Stillwater Deal?
The acquisition will add a significant long-term production upside from Blitz as well as recycling capabilities through the Columbus metallurgical complex.
Platinum Touched Its Six-and-a-Half-Year Low in 2015
As automobile catalysts comprise ~44% of the demand for platinum, the Volkswagen scandal curbed the demand for diesel-fueled cars that use platinum as a catalyst. This pulled down the already depressed platinum and comparatively strengthened palladium.
Are Stillwater Mining’s Assets Value Accretive for Sibanye Gold?
Stillwater Mining (SWC) is the only US-based miner of PGM (platinum-group metals) and the largest producer outside of Russia and South Africa.
Stillwater Mining’s Balance Sheet against Its Global Peers
Despite lower PGM (platinum group metals) prices, Stillwater Mining (SWC) has a strong balance sheet and maintained a position of strong net cash at the end of 2015.
Tracking Precious Metals’ Cross-Commodity Rates
The turbulence in worldwide markets has helped precious metals, especially gold and silver, to reach new highs that we haven’t seen in the last few months.
Where Does Stillwater Rank in Terms of Mining Risk?
Stillwater Mining (SWC) exhibits strong leverage to palladium prices. It has lower geopolitical mining risk than South African PGM (platinum group metals) producers.
How the Platinum Markets Are Moving in Relation to Gold
Higher demand for gasoline-powered vehicles over diesel-based vehicles caused a slump in platinum prices.
What the Gold-Platinum Ratio Indicates
Lower platinum prices are a major concern for platinum miners in Africa.
How Is Platinum Performing in 2018 So Far?
In this part of the series, we’ll focus on the gold-platinum spread, which compares the price performances of the two metals.
How Platinum Is Moving Relative to Gold
Platinum and palladium are used to cut down carbon monoxide emissions and so are used as an autocatalyst in vehicle engines.
Why Platinum Is the Best-Performing Precious Metal in 2018
Platinum has surged a whopping 8.7% on a year-to-date basis. However, gold, silver, and palladium have risen only 3.5%, 1.9%, and 1.3%, respectively.
Understanding the Recent Gold-Platinum Cross Rate
When analyzing platinum markets, it’s important to compare the metal’s performance with that of gold, which is the most crucial of the precious metals.
A Look at the Gold Spreads at the End of 2017
A gold-silver spread of 77.3 suggests that it requires almost 78 ounces of silver to buy a single ounce of gold.
All 4 Precious Metals Rose on December 20, 2017
All four precious metals had an up day on December 20, 2017. Gold increased 0.43% on the day and closed at $1,267.80 per ounce.
A Brief Look at December 2017’s Precious Metal Spread Measures
In this article, we’ll discuss the gold-silver, gold-platinum, and gold-palladium spreads. These three spreads stand at 77.9, 1.38, and 1.23, respectively.
Why Platinum Led the Precious Metals Pack on December 18
All four precious metals except palladium witnessed an up day on December 18, 2017. Platinum touched the day’s high of $915.3 and ended up at $913.2 per ounce.
Where Are Precious Metal Spreads Moving?
In this part of the series, we’ll look at the gold-silver spread, the gold-platinum spread, and the gold-palladium spread.
Insight into the Platinum Markets in November 2017
The gold-platinum ratio was ~1.4 on November 22, 2017.
An Overview of the Platinum and Palladium Markets in 2017
In September 2017, palladium prices overtook the price of platinum.
Platinum Ratio Analysis: Which Way Is Platinum Moving?
The gold-platinum spread was ~1.38 on October 23. The RSI (relative strength index) level for the gold-platinum spread is now at 93.9.
How Gold and Platinum Are Moving in Tandem
Like silver, platinum has industrial uses and has seen growing demand in China.
Platinum Market: Reading the Gold-Platinum Ratio
When reading the platinum market, it’s important to look at the relative performance of platinum and gold by using the gold-platinum ratio.
Gold-Platinum Ratio: Is Platinum a Long-Term ‘Buy’?
When reading the platinum market, it’s important to analyze the comparative performance of platinum and gold by using the gold-platinum ratio or spread.
Inside the Gold-Platinum Spread Now
The platinum industry is now headed for its third-straight year of surplus, likely due to the higher demand for petroleum-based cars.
Palladium Skyrockets: A Look at What’s in Store Next
Although gold and silver had a down day on Friday, June 9, 2017, platinum and palladium rose about 0.23% and 1.2%, respectively.
Platinum Is the Worst Performer So Far—Reading Its Spread
The gold-platinum spread was ~1.3 on April 26, 2017. The gold-platinum spread RSI on that day was 59.
Reading the Performances of Precious Metals in 1Q17
Precious metals had a bright first quarter, which ended March 31, 2017. Gold rose about 8.4%, marking its best quarter in almost a year.
Where’s the Platinum Spread Headed in 2017?
Among the four precious metals, platinum has been the worst-performing precious metal and has seen a year-to-date rise of only 5.8%.
A Look at the Gold-Platinum Ratio
The demand for platinum has been very fragile over the past few years due to concerns about sales of diesel-based vehicles.
Where the Gold-Platinum Spread Is Headed
Platinum is known for its use in jewelry and as an autocatalyst for diesel-based automobile engines. The demand has been very fragile over the past few years.
How the Gold-Platinum Spread Could Move More
The demand for platinum has been very fragile over the past few years, affected by the reduced market forecast for sales of diesel-based vehicles.
Analyzing the Gold-Platinum Ratio in 2017
The gold-platinum spread was ~1.2 on January 11, 2017. Platinum’s RSI (relative strength index) was 38.
Sibanye’s and Stillwater’s Take on Platinum-Group Metals Prices
Sibanye has become bullish on palladium in the last six to nine months. It’s worth noting that palladium has outperformed other precious metals year-to-date.
Is Sibanye Eyeing More Acquisitions after Stillwater?
Siganye’s latest acquisition deal will make it the third-largest producer of platinum and palladium and the fourth-largest producer of PGM metals.
Reading the Precious Metal Markets on Thanksgiving
Thin Thursday volume Since the Trump election, precious metal prices have been highly dependent on the headlines related to the Trump Cabinet. Gold edged lower on Thursday as the US dollar started attaining better heights once again. The US dollar, however, traded within reach of an almost 14-year high. The reason behind the surge in the […]
Reading the Ups and Downs in the Gold-Platinum Ratio
Precious metals have had a successful 2016 due to the Brexit vote in June that shook global markets.
What Does the Precious Metal Correlation Suggest?
Gold and silver have a strong correlation close to 75%. This suggests that about 75% of the time, a fall in gold prices leads to a fall in silver prices.
Did Precious Metals’ Technicals Indicate a Rise?
Alongside the rise in gold, silver, platinum, and palladium also jumped substantially. Silver closed 2.1% higher than the previous day’s close at $16.4 per ounce.
Platinum Hits 7-Year Low as Volatility Rises
Platinum and palladium prices have been weak since the start of the new year.
Following the Trend: Platinum and Palladium Fell
Platinum and palladium fell by 3.6% and 2.5%, respectively, on Thursday, December 17. Platinum fell by $30 from its price and closed at $844.7 per ounce.