Three reasons gold price rally is over
New report says all the good news is baked in at $1,500 and double digit decline is coming in 2020.
Frik Els , Editor
Frik has 20 years’ experience as a business journalist across a range of industries including automotive, technology and entertainment markets. Frik has an entry in Global Mining Observer’s Who’s Who of Mining 2018, and contributions to publications and conferences including Business Insider, Investing.com, Mines & Money London and New York, Vancouver Resources Investment, Progressive Mine Forum in Toronto and Canadian Mining Symposium in London, UK. He’s been interviewed on CBC Radio and Korea State TV and quoted in the Financial Post.
Posts by Frik Els:
Iron ore prices rebound on spike in China imports
Iron ore price surges as shipments to top consumer hits 19-month high.
CHART: Gold price suffers biggest fall in six years
Gold price bears attack in a series of 1 million ounce sell orders, dropping the gold price by 3% on Thursday.
Ramu sends nickel price to 5-year high amid tightest market in decade
Nickel price rockets after Papua New Guinea plant supplying 23% of LME warehoused nickel faces shutdown over ocean spill.
Gold price surges to new 6-year high
US-China trade war, return to ultra-loose monetary policy lights fire under gold.
Copper price bears “overlooking decent fundamentals”
A new report forecasts recovery in price on the back of a fall in global copper production, a thin project pipeline and misreading of inventory build-up.
Glencore could do for cobalt what it did for zinc – double the price
Glencore is halting a fifth of global cobalt production – a more modest cut in zinc output in 2015 produced spectacular results.
BHP’s potash price outlook dims Jansen hopes
BHP says onset of inducement pricing for new potash projects have been extended to "well beyond the 2020s."
Spodumene supply surge sinks lithium prices
Australian producers hit as 33% year-to-date spodumene price decline accelerates with little prospect of short term relief.
Gold price surges to record high in 73 currencies
Including all-time peaks in pound sterling, Canadian, Australian dollar and a USD six-year high in New York on Friday.
Value of EV battery nickel second highest on record, cobalt at 30-month high
Low LFP-penetration markets, Europe is off to the races in 2025 and US buyers pull forward purchases before subsidies end.
