Platinum shares have returned to buy territory after months of falling metals prices, sending valuations lower. The basket price for platinum, palladium and rhodium, the main PGMs, is >30% lower than its January peak.

Hostilities in the Middle East are largely to blame for what is being described as a hiatus in the metals price run. The conflict has increased the likelihood of rate hikes, which ...

“We concluded our previous outlook saying that we expected gold to be below USD 4,000 by year-end,” wrote Rhona O'Connell, Head of Market Analysis for EMEA & Asia at StoneX in the firm’s Q3 Outlook. “Well, that came more quickly than we were expecting and we dipped below USD 4,000 in late June, as the market has largely stood back from any fresh investment.”
StoneX believes gold is very much ...

The biggest buyers were Poland, with 18 tonnes, and China with 10 tonnes, while Uzbekistan and Kazakhstan also continuing their recent streak of gold purchases.