UPDATE: Trump Trade Tariffs

Gannon & Scott, a leading provider of precious metal refining and recovery services in North America, today announced that it has signed a definitive agreement to join Metalor Technologies, one of the most respected names in the global precious metals industry and part of TANAKA. The transaction is expected to close following approval by regulatory authorities, after which Gannon & Scott will ...

Spot gold fell as much as 2.2% to $4,023 per ounce on Monday, marking its lowest level since last Wednesday. The decline came after last week’s steepest gold drop since April 2013, when the metal had reached a high of $4381 last Monday. “Gold finally entered a proper correction phase last week after nine consecutive weeks of gains,” said Bruce Ikemizu, chief director of the Japan Bullion Market ...

PGM prices in 2025 are supportive of recycled supply growth (Figure 1). However, platinum automotive recycling supply is not expected to recover to the peak level reported in 2021, and we expect this to contribute to sustained platinum market deficits through 2029.