Archive for the ‘Palladium’ Category

Gold rises, but ends with a monthly loss

Wednesday, March 1st, 2006

Gold futures climbed almost $7 an ounce Tuesday, but still posted a decline of 2% for the month with traders struggling to gauge the metal's near-term prospects "The technicals are looking down, but the fundamentals have hormones," said Julian Phillips, an analyst at GoldForecaster.com. Gold futures closed out last week with a ...

Metal Gold gets safe-haven boost

Wednesday, February 22nd, 2006

Gold futures closed higher Tuesday, on safe-haven buying after fresh attacks on Nigerian oil pipelines and renewed concerns about Iran's nuclear program. Gold for April delivery closed up $2 at $556.60 an ounce. Royal Dutch Shell on Sunday said it halted 455,000 barrels a day of production after a group called the ...

Chinese jewellery demand spurs palladium growth

Thursday, February 16th, 2006

he Department of Minerals and Energy's second Minerals Bureau Bulletin for this year indicates that global demand for palladium used in the manufacture of jewellery surged from 7.8 t in 2003 to 28.6 t in 2004 thanks to the rapid introduction of palladium jewellery in China. Chinese jewellers pushed up purchases ...