
Gold price hold steadies, silver rebounds as Hormuz risk keeps oil, yields in focus - PM Report
(Kitco NewWire) - Spot gold prices are firmer, but silver prices are sharply higher in late Monday trading, with bargain hunting in metals weighed against higher oil prices, elevated bond yields and uncertainty around U.S.-Iran negotiations.

Copper near $6.25 puts mine supply back in focus, says Neil Adshead
(Kitco News) Copper’s move toward $6.25/lb is improving margins for miners, but Neil Adshead said the industry’s core supply problem remains unchanged: getting new tonnes into the market is still slow, expensive, and difficult.

Jeff Currie turns near-term bearish on gold, but sees massive commodity upside
(Kitco News) - The commodity market represents the biggest asymmetrical trade in global financial markets, even as gold continues to face significant headwinds from rising inflation pressures and the war in Iran, which continues to create significant funding pressures for emerging markets, according to one famed commodity analyst.

China sees solid ETF inflows and massive PBoC purchases in April amid flat price performance – WGC’s Jia
(Kitco News) – While international and Chinese gold prices ended April essentially unchanged, local ETFs and the country’s central bank continued their accumulation even as wholesale demand slid, according to Ray Jia, research head for China at the World Gold Council (WGC).In the WGC’s latest China gold market update, Jia noted that gold traded sideways in April, with the LBMA Gold Price PM up by 0.1% while the Shanghai Gold Benchmark Price PM (SHAUPM) losing 0.4%.






