Precious Metals

A glance through the latest expert views and predictions about commodities with updates on base metal and gold markets and what the Japanese disaster may mean for energy and bulk markets.

No further deterioration at Fukushima and attacks on Libyan forces heartened Wall Street last night and allowed a continuation of the bounce. Dow up 178.

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

A glance through the latest expert views and predictions about commodities with Japan’s crisis expected to see energy substitution, Oz steel plays, oil price upgrades, a view on copper and silver relative to gold.

The newsflow slowed to a trickle last night regarding the nuclear threat, so Wall Street concentrated on other matters and became more bold. Dow up 161.

A glance through the latest expert views and predictions about commodities, with current threats to global growth viewed as likely to weigh on metal prices short-term.

Everyone’s suddenly an expert, and conflicting information had Wall Street on an hour by hour rollercoaster last night. Dow down 225.

Barclays Capital suggests the Japanese earthquake’s shorter-term impact on precious metals is greatest among the platinum group metals but longer-term this market should continue to tighten.

Nuclear uncertainty led to a wide-scale exodus from commodity positions last night while the Dow opened down 300 points before finding fundamental buying. At the close it was down 137.

DJ Carmichael analysts are attracted to Kingsrose’s low cost gold production plus the exciting exploration potential around the Way Linggo project.