Industry News

21 Jul 2016
POLYUS and Kupol won the auction in Chukotka

According to information provided by the Agency of economic information PRIME, OOO ZDK Polyus and OOO ZDK Kupol, established by the same individuals (not related to PAO Polyus and Kinross Gold), won auctions on sites of placer gold in Chukotka, follows from the information on the results of the tender.

21 Jul 2016
Gold reserves of the Russian Federation rose by 18.7 tons in June

Stocks of monetary gold in the international reserves of the Russian Federation in June rose by 1.26% (18.7 tons), and on July 1, 2016 amounted to 48.2 million ounces (1,499.19 tons), according to the Bank of Russia. 

21 Jul 2016
Tody the gold price sare clearly exhausted - DUKASCOPY BANK SA

Currently gold is trading around the local level of support, namely weekly S1 at around 1,313. 

21 Jul 2016
JULIUS BAER: silver rally seems to have came to an end

“Silver’s impressive rally, which pushed prices up by more than 40% since the beginning of the year, seems to have come to an end."

21 Jul 2016
Investments in precious metals replace jewelry

“Following the latest report of the American Commodity Futures Trading Commission (CFTC), after overcoming a three-week high,the hedge funds and large speculators have begun to revise their long positions on gold..."

21 Jul 2016
Silver: forecast 2016 – CITIGROUP

Silver — forecasts 2016. Silver posts longest slump in 8 months. Citigroup flags risks. Money managers increased their net-long positionson silver to record levels.

21 Jul 2016
Palladium reached the goal for trade of 660.00
Palladium reached the goal for trade of 660.00. The next target for trade are 700.00 and 720.00.
20 Jul 2016
Altai Krai increased gold output in January-June by 7%

Subsoil users of the Altai Krai increased gold production by 7% to 357 tons, and reduced silver production by 43% to 10.373 tonsin the first half of 2016compared to the same period last year, according to the head of the regional department for industry and energy, Viktor Meshcheryakov, which answered the question of PRIME Agency during an online forum.