Article Abstract:
February tends to be a month in which gold bullion demand weakens, and investors in gold are concerned that this may occur in Feb 1996. Pessimists see little reason for demand to strengthen due to lack of inflationary pressures. Speculative funds may also be moving out of gold, ending the share price rise. The World Gold Council, however, foresees continued strong demand for gold in 1996. Forward selling can restrain gold price rises, and the extent of forward selling will thus be an important factor in affecting its price.
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Article Abstract:
Palladium prices have risen after a strike in the Rustenburg mine in South Africa. Russian production accounts for two thirds of international requirements but there have been no exports from Russia in 1997. Russia's palladium industry is in need of investment to boost production, and sales have come from stockpiles. Consumers could switch to other metals, affecting demand for palladium. The metal is used in electronic equipment as part of ceramic capacitators.
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Article Abstract:
Past and modern trends in gold prices are examined in detail, along with an historical assessment of its role, and forecasts for gold prices.
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