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Dramatic 21% Plunge In Palladium Prices - A Look At The Indicators That Suggest A Tumble Below $1000
Friday, January 12, 2024 - 12:26pm | 467In September 2017, Palladium reached a historic milestone, surpassing $1000 per ounce for the first time, and experienced a staggering 195% increase in value over the next three and a half years. Palladium's price fell 38% in 2023 and an additional 10% so far for 2024. September 2017 marked a...
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Palladium's Sudden 31% Reversal After A Steep 64% Decline – Analyzing The Unexpected Turnaround In The Precious Metal
Wednesday, December 20, 2023 - 1:37pm | 375Palladium has experienced a dramatic decline of 64% since March 2022, a stark reversal from the 256% bull trend that began in August 2018. In contrast to palladium's bearish trend, gold has been on the rise, reaching new record highs, including a brief peak at $2146 this month. Palladium has...
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Palladium's Turbulence: How A Breach Of Major Support Signals Unprecedented Market Instability And A Possible Price Slide To $1000
Tuesday, June 20, 2023 - 12:59pm | 430Palladium reached an all-time high of $3433 in March 2022 but subsequently underwent a significant decrease in value, demonstrating the volatility of commodity assets. From its all-time high, the price of Palladium has now decreased by over 58%, and if buying sentiment does not change, the price...
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Palladium's Stunning Turnaround - How This Precious Metal Bounced Back Over 7% In A Mere Two Days And What It Means For Investors
Friday, April 21, 2023 - 9:18am | 430Palladium prices experienced a meteoric rise between 2018 and 2020, increasing from $900 to a peak of $2875, making it a highly sought-after commodity. Since the pandemic, buyers have struggled to regain momentum, with a brief attempt to revive the bullish trend in April 2021 and a record high of...
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Why Traders Need To Watch Palladium And Platinum Stocks Right Now
Thursday, February 24, 2022 - 11:12am | 845Russia's invasion of Ukraine and resulting sanctions on Russia are putting pressure on several sectors including commodities. Two precious metals that could be affected by the global crisis are palladium and platinum. What Happened: The U.S. and other countries are imposing sanctions on Russia...
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Palladium Prices Have Soared 23% So Far In 2022 —What Next?
Friday, February 11, 2022 - 12:31pm | 690The luck of palladium has certainly changed. The metal —which is part of the platinum group and used in catalytic converters in ICE vehicles, and in hybrid vehicles— has risen 23% so far this year, triggering an unusual investors’ appetite given the recent background. The...
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Has Palladium Hit Rock Bottom?
Tuesday, September 14, 2021 - 5:31pm | 483Palladium is currently trading at USD 1,974/t.oz, a 13-month low for the soft silver-white mineral. In August 2020, Palladium was trading at such a price before it shot up within a hair’s width of USD 3,000/t.oz. The metal’s current price is sitting snuggly between two weak touchstone...
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Palladium ETF Continues Pushing Past Precious Metals Rivals
Tuesday, October 29, 2019 - 10:55am | 536Lower interest rates and negative-yielding debt around the world are among the factors contributing to investors renewed interest in precious metals and the related exchange traded funds this year. When the conversation on precious metals ETF is reborn, it usually drifts toward funds such as the...
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Highlights From The OTCQX Resources Conference (Part 2)
Thursday, June 13, 2019 - 11:40am | 1028Fifteen metals and mining companies recently presented their property positions, development schedules, and market opportunities at the OTCQX Resources Virtual Conference. Here’s Part 2 of our recap. For Part 1, click here. Eastmain Resources Inc. (OTCQX: EANRF) Eastmain is a Canadian junior...
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A Precarious State For The South Africa ETF
Wednesday, March 6, 2019 - 4:30pm | 487The iShares MSCI South Africa ETF (NYSE: EZA), the largest exchange traded fund dedicated to stocks in Africa's largest economy, is up about 6 percent this year. On the surface, that sounds pretty good, but upon further examination, EZA looks weak and vulnerable to some downside. What Happened...
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How The Palladium ETF Can Push Higher Next Year
Friday, December 28, 2018 - 11:26am | 499The strong U.S. dollar is hindering an array of commodities and related exchange traded funds this year. Palladium and the Aberdeen Standard Physical Palladium Shares ETF (NYSE: PALL) did not get that memo. On Thursday, PALL climbed 1.27 percent, extending its year-to-date gain to 17.68...
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Revisiting An Overlooked Precious Metals ETF
Thursday, June 15, 2017 - 11:14am | 499The U.S. dollar is one of this year's most disappointing developed market currencies, but that is not helping the commodities complex. Most commodities, an asset class denominated in dollars, are sagging, but some precious metals have been notable exceptions. Among exchange-traded products, the...
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Gold Hits Highest Level In 3 Months
Thursday, January 12, 2017 - 9:57am | 406The price of gold traded above the $1,200 per ounce mark for the first time since November, at a time when the "Trump rally" appears to be taking a breather. Bloomberg reported that the rally in spot gold can be attributed to President-elect Donald Trump's first press conference since his election...
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South Africa ETF Still Faces Credit Concerns
Monday, November 28, 2016 - 12:42pm | 488The iShares MSCI South Africa Index (ETF) (NYSE: EZA) is up 11.4 percent year-to-date, good for one of the admirable performances among single-country emerging markets exchange-traded funds, but EZA's showing should not be interpreted as a sign of easy money. South Africa is the world's...
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Metals Going Mental Before The Election
Tuesday, November 8, 2016 - 11:55am | 776Most metals are advancing ahead of the U.S. presidential election irrespective of their risk disposition. However, the trend in recent sessions is reminiscent of a see-saw amid conflicting signals concerning the election results. On October 28, the markets were jolted by the FBI re-opening...