This post was originally published on this site. BMI has trimmed its platinum and palladium price forecasts for 2026, blaming a weaker outlook for car sales and a faster than expected recovery in South African mine output, but the Fitch Solutions unit still expects both metals to end the year in deficit and platinum to pull further ahead of its sister metal over the rest of the decade. The research house now sees platinum averaging $1,900 an ounce this year, down from $2,000 previously, and palladium $1,400, from $1,500. Platinum was trading at $1,796 an ounce at the time the...

This post was originally published on this site. Metals and mining stocks sold off across the board on Thursday as a US producer price report and crude oil above $105 a barrel pushed the odds of a Federal Reserve rate increase next week to about 70%, and a report that the White House copper tariff plan has stalled pulled the rug from under a metal that had set records in four straight sessions. Comex copper for December delivery fell as much as 5.4% to $6.5160 a pound in New York, a day after settling at a record $6.8885, and was...