martes, 30 de septiembre de 2014

September precious metal price meltdown

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Gold News Digest
Wednesday 1 October 2014
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Fresh selling sees gold price end September down 6% vs historical average gain of 3%, silver tanks 13%, platinum drops 9% and palladium collapses 15% over the course of the month.

Sponsor Digest Post

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Economics professor and newsletter writer Kal Kotecha says to obtain superior results, you cannot do what everyone else is doing.

Increasingly, economists are calling the tune to which businesses and consumers dance.

Another person in serious conditions.

30,000 tonnes of copper concentrate were sent out Monday.

This is the first fee hike since Hong Kong Exchanges & Clearing Ltd. acquired LME for $2.2 billion in 2012.

Sponsor Digest Post

The upcoming Mine Project Economics webcast is for anyone involved in carrying out mine valuations or who wishes to understand mine valuations done by others.
Dr. Dunbar will provide instruction in the fundamental aspects of the valuation of mining projects with particular emphasis on the models used for valuation, uncertainties in the input to these models, and the role of the models in decision-making.
For more info or to register, see the course page.

September has been a poor month for precious metals. Gold is down 5.2%, despite it being gold's strongest month from a seasonal perspective.

Clothing might be the the draw, but this year it's a car that's stealing the spotlight during Paris Fashion Week.

Ousei

Russian gold producers may need to reduce their mining operations to prevent prices from falling further as the result of an increase in supply on the market.

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