As always, there have been plenty of calls for a silver price turnaround, and that theme dominated the top stories on Silver Investing News for the first quarter of 2015. From trend forecasts to talks with industry experts and analysts, predictions regarding the silver price were certainly some of our
While both gold and platinum prices have continued to fall so far this year, platinum has taken a harder hit, making the white metal cheaper than gold. William Tankard, director of precious metals and mining at Thomson Reuters, pointed first to supply-side factors that are driving platinum’s fall.
The platinum price has dropped roughly 5.7 percent, or $69, since the start of the year, and at $1,143 per ounce, the white metal is now cheaper than gold. Still, Tom Price and Joel Crane at Morgan Stanley believe things might not be looking so bad for platinum in the
William Tankard, director of precious metals and mining at Thomson Reuters, believes that silver is “probably at or around the turning point.”
At PDAC, Resource Investing News spoke with William Tankard, director of precious metals and mining at Thomson Reuters, about the markets for platinum and palladium. Overall, Tankard sees prices moving closer together for both metals, with prices averaging around $1,300 to $1,350 per ounce for platinum and around $900 per
Dolly Varden Silver, Golden Arrow Resources, Levon Resources and Northair Silver are among the silver-focused companies that will be at PDAC. Read on to learn more about them.
Conflict between the NUM and AMCU, two South African unions, is largely behind the strikes at Anglo American Platinum’s operations.
Thomson Reuters GFMS believes that platinum prices could rise to nearly $1,600 this year. South African supply will play a major role in determining whether that happens.
Thomson Reuters GFMS’ recently released Platinum & Palladium Survey 2013 reveals that palladium recorded its highest deficit in 11 years in 2012 and is likely to remain in deficit this year.