In the Press

Four charts show why silver’s surge is set to fade

Still, silver’s other role as a key commodity in solar panels and electronics is likely to buoy prices over the longer term. Industrial use probably reached a record this year, according to London-based research firm Metals Focus, which forecasts even stronger demand to come and expects prices to hold around this year’s average of about $25 in 2022. Bloomberg.

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Gold consolidates near one-month peak on cautious Fed

“Overall, (the) monetary policy background will remain accommodative and there are uncertainties around (the) COVID-19 Delta variant, Chinese slowdown concerns, geopolitical tensions,” said Harshal Barot, a senior research consultant for South Asia at Metals Focus. By Brijesh Patel for Reuters.

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What are companies doing with their piles of cash?

While the market faces a turning point, the reality is that real interest rates will remain in negative territory for the foreseeable future. Analysts at Metals Focus recently said in a report that they still see a path for the precious metal to rise back to $1,900 an ounce. Writes Neils Christensen for Kitco News.

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Gold eases off one-week high as dollar ticks up

Now, the expectation is that the Fed may not aggressively taper its bond-buying programme, or alter the timeline for the first lift-off, given the persistent rise in coronavirus cases, said Harshal Barot, a senior research consultant for South Asia at Metals Focus. Writes Eileen Soreng for Reuters.

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Gold heads for best weekly gain in over 2 months on dovish Fed

“The backdrop for gold is still positive… There is a lot of uncertainty in terms of whether the economic recovery will continue as strong and what happens in the U.S. labor market,” said Harshal Barot, a senior research consultant for South Asia at Metals Focus. Writes Eileen Soreng for Reuters.

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Gold hits one-week trough as dollar gains

“The dollar strength is limiting gold’s upside and sort of remains one of the key headwinds,” said Harshal Barot, a senior research consultant for South Asia at Metals Focus. Reuters.

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