LONDON, 26 March 2021 - Leading German finance magazine Das Investment today carries an exclusive article on gold and inflation from BullionVault director of research Adrian Ash.You can read Adrian's analysis in German here:Was nach der Pandemie mit dem Goldmarkt passiert Read More

LONDON, 22 March 2021 - Comment from BullionVault is quoted today in a report on the drop in gold prices published at MSN, the news pages of software giant Microsoft's internet portal.Commodity markets slipped on Monday, explains Adrian Ash, director of research, "taking fright at the rise in borrowing costs spurred by their own bull market."Read the full report, first posted at MarketWatch, at MS...Read More

LONDON, 15 March 2021 - Comment from BullionVault features today at Morningstar, the financial news and investment rating service.Gold's current levels "look sticky," says director of research Adrian Ash, "because they mark an area of heavy congestion from last spring."Read Adrian's full comment, first published by MarketWatch, at Morningstar here:Gold climbs to its highest finish in almost 2 week...Read More

LONDON, 8 March 2021 - Comment from BullionVault features today in a report on the falling gold price published on Yahoo's Finance news-site."Long-term allocators will welcome the bargain," says BullionVault director of research Adrian Ash, "but for as long as bond yields keep ticking higher, the hot money is likely to start thinking gold is a sell."Read Adrian's full analysis, first posted at Mar...Read More

LONDON, 5 March 2021 - BullionVault's research director Adrian Ash was a guest today on ET Now, the financial news channel from India's Economic Times."Interest rates matter a lot to gold prices," Adrian explained of the current downturn in prices. "Gold is the ultimate hard asset...but it does not pay you any interest. So it is what people buy when they worry about losing purchasing power in curr...Read More

LONDON, 2 March 2021 - Frankfurter Allgemeine Zeitung, the 3rd best-selling newspaper in Germany, today reports a surge of younger investors using BullionVault to buy gold."Not only has the demand for precious metals been particularly high," says FAZ of the data from BullionVault."There are also noticeably many new young customers."You can read the full report in German at FAZ here:Goldh??ndler: J...Read More

LONDON, 2 March 2021 - BullionVault is a contributor today to the special 100th edition of The Alchemist, the gold-market magazine for members of the London Bullion Market Association."Although produced primarily for its membership around the world, The Alchemist has always opened up its pages to external voices and views," writes director of research Adrian Ash.That has included controversy and a...Read More

LONDON, 17 February 2021 - Platinum investment on BullionVault has jumped over the last 12 months of Covid Crisis reports South Africa's Mining Weekly today, with client holdings of the industrially useful precious metal rising 90% by weight and 120% in value to $61 million."By comparison," says the specialist news-site, reporting figures shared by the World Platinum Investment Council, "client ho...Read More

Gold scored some victories over thepast days, but it’s playing a risky game. One misstep and the yellow metalmight lose the war.Sometimes, a good strategist needs togive up a few battles to eventually win the war. Or, at least, convince theirenemy that they’re defeated while preparing a counterattack. Just the same, achess player may need to sacrifice a piece in order to checkmate a ki...Read More

Gold bugs are closely watching what happens with Treasuries. Last year, the gold price hit a record high of $2,034/oz, largely due to the fact that investors were piling into bonds as a safe haven against pandemic-related uncertainty. A descending US dollar and negative real rates (when bond yields minus the inflation rate fall below 0%) were also important antecedents. Over the past several weeks...Read More

LONDON, 16 December 2020 - Exclusive analysis from BullionVault is published today by Investment International, the magazine for cross-border financial advisors."This year's record investment inflows to gold will be hard to repeat," writes director of research Adrian Ash."But absent a new leg higher in the volume of real money inflows, that will still leave a rebound in Asian consumer demand - pos...Read More

Eastern China's Shagang will participate in a mixed ownership reform of central China's Anyang Iron & Steel, and the former is likely to emerge as the controlling shareholder in the latter, according to a notice released by Anyang Steel late on Thursday May 13.The change in shareholding will neither influence the steel production of the two mills - based in the provinces of Jiangsu and Henan...Read More

Import prices for flat-rolled steel in South America increased once again in the week ended Friday May 14, with all products above $1,000 per tonne - some for the first time ever - on significantly higher offers from all origins.Despite an export tax rebate in China being cut only for heavy plate, hot-rolled coil and pre-painted across the flat steel space, the effect was spilling over through the...Read More

Slab export prices from Brazil increased again amid high demand and a volatile raw materials' market.Fastmarkets' weekly price assessment for steel slab export, fob main port Brazil was $950-980 per tonne on Friday May 14, up by $40-50 from $900-940 per tonne on May 7.Early in the week, offers and deals from Brazil were at $950 per tonne fob. But producers...Read More

The United States' pig iron import prices rose further during the week to Friday May 14, with suppliers bullish amid increased demand due to buyers' need to restock. Fastmarkets' price assessment for pig iron, import, cfr Gulf of Mexico, US, was at $640-650 per tonne on Friday, up by $15-20 from $620-635 per tonne the previous week.Offers from Russia was heard in excess of $700 per tonne cfr...Read More

Surging steel demand in the majority of global markets pushed prices up in most regions in the week to Friday May 14. Only the United States deep-sea ferrous scrap market remained inactive, while Chinese scrap prices fell victim to softer prices for finished steel products.Turkey secured European scrap at an increase to satisfy surging finished steel demandHigher offers failed to tempt US exporter...Read More

Copper's price on the London Metal Exchange ended the week lower despite hitting an all-time record high on Monday May 10, with the rest of the complex was also down on the week despite slight rises day on day on Friday. The three-month copper price was down at $10,240 per tonne on Friday May 14 at the close, which is some 1% lower than Thursday's 5pm price of $10,342 per tonne. Copper traded at...Read More

Iron ore prices fell sharply on Friday May 14 amid concerns over weakened steel demand, sources said.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $208.79 per tonne, down by $28.78 per tonne62% Fe low-alumina fines, cfr Qingdao: $211.19 per tonne, down by $28.81 per tonne58% Fe fines high-grade premium, cfr Qingdao: $179.29 per tonne, down by $27.93 per tonne65% Fe Brazil-origin fines, cf...Read More

Seaborne coking coal prices surged up in both the cfr and fob markets on Friday May 14 due to increased buying interest and positive market sentiment in both markets. Prices for seaborne pulverized coal injection (PCI) material continued to increase in the cfr market in the week to May 14, due to persistent supply tightness and relatively good demand, but remained largely stable in the fob market...Read More

An overview of the new energy materials markets and their price moves from the past week.Susan Zou, Yingchi Yang, and Sybil...Read More