Commodities Corner: Why analysts urge caution on palladium, platinum and rhodium

Lumber prices have made quite a comeback this year, climbing by 25% in January and nearly erasing the decline suffered in 2018, as the market gets a boost in demand ahead of the spring building season. Looking ahead, however, analysts urge caution......»»

Record prices for palladium and rhodium have come to a screeching halt. The coronavirus pandemic slammed demand for the two rare metals, which are both used for car parts, thanks to plunging vehicle sales......»»

Palladium’s record prices have grabbed the spotlight. but at nearly half the cost per ounce, platinum, its sister metal, deserves attention too......»»

With a more than 30% jump in prices so far this year, rhodium now costs more than twice what gold or palladium do. Despite that, the precious metal hasn’t attracted much attention from investors. Here’s why......»»

Growth in the electric-vehicle market has been a blessing for metals like copper and lithium. It has also raised concerns about the long-term outlook for oil demand that some analysts say aren’t justified......»»

Palladium futures touched their highest levels on record Tuesday, as strength in U.S. vehicles sales bode well for the metal used in catalytic converters, which reduce emissions from gasoline-powered engines......»»

There’s one commodity that’s seen a phenomenal gain in prices this year that may have been missed by some investors: rhodium’s value has climbed by more than 50%, extending a rally that saw prices for the metal nearly triple in 2020......»»

Gold started the new year on a sour note, with prices settling lower for the first month of 2021. But many analysts are confident that the longer-term outlook remains promising for the precious metal......»»

Gold started the new year on a sour note, with prices trading lower for the first month of 2021. But many analysts are confident that the longer-term outlook remains promising for the precious metal......»»

Oil prices dropped by more than half in March to suffer their largest quarterly percentage decline on record, and analysts warn that there’s not end in sight to the flood of crude supplies......»»

The coronavirus has raised concerns over a slowdown in the global economy, but agricultural commodities such as wheat, corn, and cattle are unlikely to suffer, and may get a boost when coronavirus worries ease, analysts say......»»

Gold futures surpassed $1,600 an ounce on Tuesday and analysts believe the precious metal has the fuel it needs to climb to its highest level in more than seven years......»»

Natural-gas prices recently drops to lowest level in almost four years—and analysts warn that supply and demand figures point to further losses for the commodity......»»

An economic slowdown in China following the spread of the new coronavirus, and the potential loss of demand for copper, pulled prices for the industrial metal to its lowest in almost three years. Some analysts say the worst may be yet to come......»»

Gold prices are near their highest levels in nearly seven years, but analysts warn the precious metal’s haven appeal amid rising tensions in the Middle East could turn sour......»»

Iraq is at high risk for oil-supply disruptions this year, following a flare-up in tensions between the U.S. and Iran-backed militia groups in the country, analysts warn......»»

A move past $1,900 an ounce on Thursday for palladium futures mark a fresh record for the precious metal, taking its year-to-date tally to a gain of roughly 60%......»»

Global oil hasn’t seen $100-a-barrel prices in five years, and even with Saudi Arabia's daily crude production cut down by more than half, it isn’t likely to see that level soon......»»

U.S. benchmark oil has outperformed the global benchmark this year, leading prices in recent weeks to the narrowest spread in more than a year. Analysts say the move isn’t about the trade war......»»

Some gold bulls are setting their sights on $2,000-an-ounce after the precious metal’s recent rally......»»