In the Press
Further Upside for Precious Metals Prices in 2021. By Nikos Kavalis, Founding Partner, Metals Focus.
“The outbreak of Covid-19 that shook the world in 2020 also had a dramatic impact on precious metals markets. Lockdowns around the globe hit key end-use sectors directly.”
Rhodium roars above $20 000 in precious metals’ biggest rally. Mining Weekly
This, along with outages at processing facilities run by Anglo American Platinum (Amplats), reduced total rhodium supply by 16% last year, said Wilma Swarts at specialist consultancy Metals Focus.
Winners of LBMA’s 2020 Precious Metals Forecast Survey.
“In mid-January 2020, analysts provided their forecasts for what they thought the average price in 2020 would be for each of the four metals (gold, silver, platinum and palladium).”
Clean-air legislation fuels breathtaking rally in rhodium
‘The rollout of (China’s standards) has resulted in a material increase in the amount of rhodium per car’ said Nikos Kavalis… The FInancial Times
Gold to hit new highs this year, says Philip Newman of Metals Focus.
“Philip Newman, MD of Metals Focus, believes there is further upside for both gold and silver in the coming months.”
Gold and Silver Outlook given to CNBC Aawaz Channel in Hindi by Chirag Sheth.
“Chirag Sheth talks to CNBC-AWAAZ.”
Election outcome should have minimal impact on gold price outlook.
“The election has not changed long-term fundamentals behind gold and silver owing to a divided Congress, said Neil Meader, director of gold and silver at Metals Focus.”
Silver price to push above $30 an ounce in 2021 despite short-term turbulence
“Caught in a consolidation pattern, the silver market could remain under pressure in the near-term…”
Direct Bullion Comments on Gold Production Declining in 2020
“As a leading UK dealer in precious metals, Direct Bullion has been at the forefront of the jump in bar and coin demand…”
$2000 Gold to Boost ASM Mining 13% in 2021
“GOLD PRICES will average a record $2000 per ounce in 2021 according to market-leading analysts…”
Gold mines will produce more than ever in 2021: Metals Focus
“LONDON (Reuters) – The world’s mines will produce 3,368 tonnes of gold this year, down 4.6%”