Gold miner margins were stymied despite the price rise in recent years. Brokers assess the outlook now the price has turned down and plans are being altered.
Stubborn sellers still need to pay the bills and opportunistic buyers are slowly being rewarded for their patience.
Analysts ponder the outlook for metal prices in the September quarter with a closer look at palladium and zinc and there’s upside for Indonesian wheat imports.
Jonathan Barratt of Barratt’s Bulletin argues Egyptian issues and an apparent US recovery do not justify the current price of crude, particularly in the face of weak Chinese demand.
Photographic demand for silver has fallen 70% from its peak and Photovoltaic Demand is not plugging the gap, so where is silver seeing demand?
With the US in Independence Day holiday mode for good portion of last week, the uranium market settled in for a bad dream interrupted slumber.
Mineral prices slumped in June but there are signs that pressure is abating for some, signalling to analysts there may be opportunities out there.
A recovering US economy in the face of a weak European economy and a slower Chinese economy has analysts suggesting the three-year crude price gap could close.
Gold stocks face downgrades, Brent crude should rebound while nickel prices are likely to stay under pressure.
Despite the recent beatdown, Michael Lombardi continues to believe that gold bullion has a shining future ahead.