Daily Nuggets: Gold Pares Gains as Palladium Falls Off Record

Daily Nuggets: Gold Pares Gains as Palladium Falls Off Record

Gold pared gains on Thursday as investors booked profits after prices climbed more than 1% earlier in the session on mounting worries about how the coronavirus outbreak might hurt the global economy. Spot gold was up 0.4% at $1,645.59 per ounce by 2:20 p.m. EST....
A Look At COMEX Palladium

A Look At COMEX Palladium

As you know, we’ve been following the palladium story for over two years now. It is very important to understand that this is NOT a speculative, COMEX story. Instead, this is a physical supply story that emanates from London. To that end, today let’s review the COMEX...
Palladium Is Outshining Gold – What’s Happening?

Palladium Is Outshining Gold – What’s Happening?

All the glitter is on gold, all the shine is on silver, and all the rust is on copper. Another metal is captivating investors everywhere, though – and that metal is palladium.  As global financial markets pay close attention to the main class – gold, silver, and...