Per Jander and James Connor discuss the uranium market, highlighting the catalysts for sharp increases in uranium prices in 2023, including increased utility and producer activity, production shortfalls from major players like Cameco and Orano, and geopolitical uncertainties affecting supply. Per Jander expresses optimism for the uranium market, emphasizing strong demand, ongoing long-term contracting discussions and potential supply disruptions as factors that could contribute to further price increases in 2024.
Platinum is a metal that represents power, prestige, and a sense of great accomplishment. But platinum is so much more than just a status symbol. Modern day uses of platinum include being a key element in catalytic converters for vehicles, as it converts car exhaust gasses into less harmful substances, as a catalyst in the chemical industry, and even in the creation of life-saving anti-cancer drugs.
With palladium trading near record highs, we revisit the drivers behind palladium’s rise. Overall, we see continued support for palladium prices, even at the higher levels they’ve touched post-COVID. Supply and demand fundamentals have once again come into focus.
Platinum prices have moved higher as COVID-19 has constrained supply amid rising demand. YOY, spot platinum is up more than 90%. Growing interest among investors for platinum's role as a store of value has also boosted prices. We examine how the global pandemic has impacted platinum supply and demand, and offer our bullish outlook.
For many U.S. investors the returns provided by owning physical gold — and the other precious metals including silver, platinum and palladium — come with a sobering surprise when the assets are sold and it’s time to pay taxes. The reason: The U.S. Internal Revenue Service (IRS) categorizes gold and other precious metals as "collectibles" which are taxed at 28%. Most other types of long-term capital gains are taxed at 15%-20%.
As COVID spread in 2020, investors embraced gold and silver as portfolio protection. But the role of these metals extends far beyond this. We explore how precious metals are helping to medically combat the virus and identify several innovative disease-fighting applications that depend on gold, silver, platinum and palladium.
2020 has been a breakout year for precious metals. The uncertainty and risk-off sentiment created by the global COVID-19 pandemic have increased the luster of precious metals. Both gold and silver ETFs have enjoyed record flows. In this webcast, we explore the key benefits of precious metals investing in the current environment.
Read the latest intel on Palladium from the World Platinum Investment Council. The spectacular increase in the price of palladium since 2016, in particular during 2019, attracted widespread interest from investors, industrial users of palladium and market commentators. It also highlighted the importance of understanding the palladium market when considering an investment in palladium or platinum.
Palladium has been a standout performer, more than doubling in price in three years 2016 to 2018. YTD the white-hot metal is up more than 10% as of January 16, 2019. Palladium’s rise is best understood by analyzing its unique supply-demand dynamics. Russia and South Africa account for nearly 80% of the world's production, and a chronic supply deficit keeps pushing prices higher.
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