In the Press
Gold falls on bets U.S. Fed may outline taper plan
On the physical front, consultants Metals Focus said decreased buying of bullion by exchange traded funds could limit gold demand this year. Reuters.
Will mandatory hallmarking help make India’s jewellery business more organised?
Chirag Sheth in discussion on CNBC TV18
Decline in ETF fund purchases will limit global gold demand in 2021
Demand for gold from jewelers and central banks will rebound in 2021, but will remain below pre-pandemic levels as bullion purchases by publicly traded funds (ETF) will fall sharply, consultancy Metals Focus said on Tuesday. Explica.co
The gold outlook and impact of increasing inflation
Chirag Sheth interview on Zee Business
Philly sees a spike in catalytic converter thefts. The auto part has metals worth more than gold. The Philadelphia Inquirer
“In the rhodium market, if something happens to impact South African mining, then it does definitely have a far larger impact on supply and demand dynamics,” said Wilma Swarts, director of platinum group metals at the London-based research consulting firm Metals Focus.
Pandemic brings palladium’s record run to screeching halt, Financial Times
Wilma Swarts, an analyst at Metals Focus, expects global demand for palladium in car catalysts is likely to fall to 7.8m ounces this year from 8.8m ounces last year.
Chirag Sheth speaking to @Manisha3005 on CNBC TV18.
Chirag Sheth of Metals Focus said India consumes about 8% of World Industrial Silver demand making it the 4th largest industrial market globally
Indonesia eyes greater financial inclusion with gold-based blockchain system
Chirag Sheth comments to S&P Global Market Intelligence
Chirag Sheth discussing the Gold Price Outlook
Chirag Sheth on CNBC AWAAZ
Chirag Sheth discussing the fall in crypto currencies and it’s impact on gold
Chirag Sheth on CNBC AWAAZ
Million ounce palladium deficit will drive record prices
The roughly 10 million ounce-a-year palladium market will be undersupplied by around a million ounces in 2021 and the price will average $3,000 an ounce, up 37% from 2020 and the highest on record, consultants Metals Focus said on Tuesday. Nasdaq (Reuters)
Platinum Industrial Demand Set to Rebound, But Analysts Split Over Market Balance, Bullion Vault
“Our current forecast sees platinum remain in a surplus this year,” says Wilma Swarts, Metals Focus’ director of Platinum Group Metals (PGMs), launching the consultancy’s new Platinum and Palladium Focus 2021.
Chirag Sheth discussing the Sovereign Gold Bond and Gold Price Outlook
Chirag Sheth on CNBC AWAAZ
Chirag Sheth on Zee Business
Chirag Sheth appeared on Zee Business to discuss Options to buy Gold during the Auspicious day of Akshaya Tritiya.
Why silver market had record surplus in 2020
Phil Newman, managing director of Metals Focus, speks to Kitco News and discusses the balance of silver from 2020, and what fundamentals mean for the demand and supply equations in 2021 and beyond.
India to See Strong Uptick in Jewellery Demand
For the SBMA Crucible Issue #17 Chirag Sheth provides an outlook for previous metals in India, including the impact of the new import duty structure and how this will play out for gold and silver jewellery demand in 2021.