Sharps Pixley: Gold Rockets 20 Pct
At Sharps Pixley we have already seen our busiest day ever with online sales draining our stocks of our larger bullion bars and prompting us to call on emergency reserves of kilobars from Germany. Our stocks of many coins have also been sold out with only limited availability today. - Sharps Pixley 06/24/16 Click Here For Details!
Are Platinum, Palladium, Rhodium Losing Their Relevance?
Almost half of all platinum, palladium and rhodium used industrially in the world are consumed in emission control catalysts by the automotive industry. If, as of tomorrow, all conventional engines would cease to exist, the effects on the market for these metals would be earthshaking. A mere theory, or a very real threat? - Kitco 06/23/16 Click Here For Details!
Umicore Opens Catalyst Facility in Poland
Umicore has officially opened its new production plant for emission control catalysts in Nowa Ruda, Poland (near Wroclaw). The facility allows the company to meet the growing demand for automotive catalysts from its customers in Europe, a trend that is supported by tightening emission legislation in the European Union. - Umicore 06/22/16 Click Here For Details!
A Summer Retreat Regardless of Brexit Outcome - Cpm Group
Kitco interviews CPM Group's Jeff Christian: Gold prices are likely to decline this summer then recover to $1,300 an ounce or higher by year end, no matter the outcome of the U.K. referendum on Thursday, says Jeffrey Christian, managing partner of commodities research firm CPM Group. Christian is also not ruling out a retracement to the $1,180 an ounce level. - Kitco video news 06/22/16 Click Here For Details!