Metals Focus Research
بقلم Metals Focus
In-depth precious metals market research — gold, silver, platinum and palladium — published by Metals Focus.
Metals Focus India Focus Monthly
08/09/2026
Market Indicators and Solar Capacity Gold discounts in the Indian local market widened from $24/oz to $90/oz (briefly touching $140/oz) by the end of August 2026, while MCX vault holdings fell to 2t (p. 1). India added…
Market Report on East Asian Gold Investment Demand
08/09/2026
Overview of East Asian Gold Investment Gold remains a vital household savings and investment asset across East Asia, driven by wealth accumulation, inflation, and currency depreciation (p. 3). Retail options have…
Key takeaways from Indian conferences: improving sentiment ahead of festivals
27/08/2026
Overview of Indian Precious Metals Market Sentiment The Metals Focus India team attended the India International Jewellery Show (IIJS) and India Gold Conference (IGC) in August 2026, noting improving sentiment ahead of…
Metals Focus Asia Quarterly
21/08/2026
Gold Price Trends and Market Drivers Gold prices experienced a 16% peak-to-trough decline in Q2 2026, falling from $4,674 in April to below $4,000 in late June and early July (p. 1). Shipping disruptions in the Strait…
Could energy security strengthen hydrogen’s PGM demand outlook?
21/08/2026
Energy Security and the Hydrogen Outlook Geopolitical disruptions, particularly in the Middle East, have highlighted energy security risks beyond oil and gas, impacting industrial supply chains like ammonia, urea, and…
Metals Focus Hedging Summary Q1.2026
18/08/2026
Global Gold Hedging Trends in Q1.26 Gold net de-hedging rate increased, driving the global delta-adjusted hedge book down to its lowest volume since Q4.14 (p. 1). Global forward contracts fell by 642koz q/q to 2,178koz,…
China’s leading gold demand segment: resilient retail investment
15/08/2026
China's Gold Retail Investment Trends Q2 2026 performance: Gold retail investment fell 7% y/y and 48% q/q to 107t, though it remained robust historically as the third highest Q2 since 2010 (p. 1). Value terms: Driven by…
Silver under pressure as Fed repricing and physical weakness take hold
06/08/2026
Macroeconomic Headwinds and US Monetary Policy The US-Iran conflict and rising energy prices have fueled inflation expectations, prompting a reassessment of US monetary policy (p. 1). Markets now price in at least one…
Will the premiums in the Indian silver market sustain amid the new licensing regime?
01/08/2026
Gold and EV Market Highlights (June 2026) Indian gold bullion imports fell to 19.8t, marking the lowest monthly total since April 2023 (p. 1). Gold ETPs in India added 2.5t, bringing total holdings to 119t (p. 1).…
What the silver mining M&A boom means for global silver supply
30/07/2026
Silver Mining M&A Boom (2024–2025) M&A activity accelerated sharply with transaction values rising to $14.3bn across 2024 and 2025, compared to $244m in the preceding five years (p. 1). The boom was driven by a small…