Russia-Ukraine conflict drives some commodity prices

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A Russian invasion of Ukraine may be imminent. Gold and palladium prices profit.

The world’s largest palladium producer is South Africa, with Russia in second place. Now concerns are growing about possible export restrictions. Palladium is in high demand by the automotive industry. And it is still unclear to what extent sanctions by the West and measures by Russia could occur. Palladium is used similarly to platinum; this is due to the similar characteristics. Whether as a material for catalytic converters, in medical technology, for electronic articles, computer chips, in the jewelry industry or visibly more as an investment metal, the price of palladium is mainly influenced by economic events. The largest producer of palladium coins is Russia. Due to the Russia-Ukraine conflict palladium has already become more expensive, about 23 percent within one month the raw material has increased in price.

Palladium and platinum, for example, are produced by Sibanye-Stillwaterhttps://www.youtube.com/watch?v=mKhndWB3VVc – in South Africa and in the USA. In addition, Sibanye-Stillwater is also a major gold producer and is currently putting out its feelers intensively for projects with metals for green energies (battery metal sector). The current crisis has also boosted the price of gold, and the safe haven is once again clearly in demand. Private investors in this country hold more than 9,000 tons of gold.

The fact that investors are also increasingly turning to gold coins can be seen from the current rise in the price of gold coins such as the Krugerrand, American Eagle and Maple Leaf. Also, into the ETFs flowed recently clearly more.

A possibility to invest would be also the values of the gold companies. Here one could think of the royalty company Osisko Gold Royaltieshttps://www.youtube.com/watch?v=_znAPvgkYvM -. Diversification included, the company has more than 160 royalties and streams and is focused on gold and copper in North and South America.

Current corporate information and press releases from Sibanye-Stillwater (- https://www.resource-capital.ch/en/companies/sibanye-stillwater-ltd/ -) and Osisko Gold Royalties (- https://www.resource-capital.ch/en/companies/osisko-gold-royalties-ltd/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 – 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/

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