Home » Market News » DirectorsTalk Highlights » Silver and Nickel outshine gold to score Bbggest commodities gains since June
anglo pacific group plc

Silver and Nickel outshine gold to score Bbggest commodities gains since June

Metals took the spotlight in the third quarter, with silver and nickel shaking off worries over a slowdown in the global economy to score the largest percentage gains among major commodities since the end of June.

It’s been a strong year for metals, “but the drivers have been different,” says Gregory Leo, chief executive officer and head of Global Wealth Management at IDB Bank.

Nickel is “much more impacted by supply and demand,” he says, and while those factors also influence gold and silver, the two precious metals also respond to the market uncertainty and the U.S. dollar exchange rate.

In September 2017, Anglo Pacific Group PLC (LON:APF) entered into a royalty agreement with Brazilian Nickel Ltd (Brazilian Nickel) to acquire an initial 1% gross revenue royalty over the Piauí nickel-cobalt project.

To read the full news article please click here

Receive our exclusive interviews – Enter your email to stay up to date.

Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.