View: Source Gold hits new record highs above $3,780 per ounce, up 43% YTD. Fed policy is not the only driver; ETF inflows are the key catalyst. SPDR Gold Shares absorbed 19 tons in a single day, boosting demand. Silver rallies above $44, eyeing its 2011 peak near $50. Short Pause, Strong Rebound The pause in gold’s rally after last week’s …
Continue ReadingView: Source Government incentives and public literacy on metals could mobilize innovation and expand Canada’s role in global mineral supply chains. Global demand for critical minerals is increasing at a rapid pace, fueled by multiple factors including economic growth, the need for cleaner technologies and the NATO target of five per cent of GDP for annual defence spending, which in Canada is to …
Continue ReadingView: Source Palladium prices rose during Monday trading amid a decline in the dollar against most major currencies and concerns over a shortage of the industrial metal. In China, the world’s largest consumer of industrial metals, the central bank kept benchmark lending rates unchanged for the fourth consecutive month in September, in line with market expectations, following last week’s decision to …
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