In the Press
What spurred the global commodity market sell off
‘We have seen the dollar strengthen and that is bad news for gold over the short-term. But there would be inflation concerns and so the case for gold for the foreseeable future is still relatively strong’, Philip Newman MD of Metals Focus told CNBC-TV18.
Gold outlook after the Fed meeting
Harshal Barot discussing the implications of the latest Fed meeting on the gold market with CNBC Hindi
Gold prices to average $1,820 in 2021
Tuesday, Metals Focus published its annual Gold Focus report for 2021, and the analysts see a more tempered outlook for the precious metal as uncertainty over the global COVID-19 pandemic continues to ease. Kitco News.
Fading ETF purchases will limit gold demand rise, Metals Focus says
LONDON, June 15 (Reuters) – Demand for gold from jewellers and central banks will recover in 2021 but remain below pre-pandemic levels, while buying of bullion by exchange traded funds (ETFs) will fall sharply, consultants Metals Focus said on Tuesday.
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.