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Pressure Continues for Gold Prices

Following a precipitous drop in the gold price on Friday, UBS has lowered its price target for the yellow metal, and it isn’t the only firm seeing additional pressure for gold. Although the gold price rose every so slightly during Monday trading hours, it remained around $1,168 per ounce, or

Market Watchers See China Buying More Gold

The release of Chinese gold reserves data last week revealed that the Asian nation has been the second-biggest buyer of gold in the last six years. According to Bloomberg, analysts and traders believe that the country’s buying is set to continue.

Palladium Price Forecasts Keep Falling

Palladium Price Forecasts Keep Falling

The palladium price has lost 10.75 percent in the past month and has fallen 18 percent, or $148, since the start of the year. The situation has led some firms to cut their palladium price forecasts.

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