Thomson Reuters GFMS is recognised as one of the world’s leading economics consultancies in precious metals, specialising in research into the global gold, silver, platinum and palladium markets.

Precious Metals Forecasting Monthly

Our Precious Metals Forecasting Monthly provides regularly updated three-month price forecasts, supply and demand statistics, news and commentary on the precious metals. Combining market summary information and insightful analysis, these reports offer a trading range for each metal looking out over a three-month timeframe, along with an insider’s perspective on the trends and numbers that drive the precious metals markets.

Metals Covered

• Gold
• Silver
• Platinum
• Palladium

Precious Metals One Year Forecast

These monthly reports contain one year forecasts of prices and supply and demand fundamentals for each of the metals covered. These are discussed in the context of a rigorous assessment of the broader economic developments that affect not only these variables but also speculative and investment activity in these markets. The reports draw upon Thomson Reuters GFMS’ substantial body of data and ongoing field research in the precious and base metals markets plus Thomson Reuters GFMS’ own proprietary analysis of the major economic variables that influence the metals’ prices.

Metals Covered

• Gold
• Silver
• Platinum
• Palladium

Quaterly Three Year Precious Metals Forecasts

Building on our proprietary analysis of the precious metals markets, which forms the basis of our flagship annual Gold, Silver and Platinum & Palladium Survey publications, these reports provide projections on all the key supply and demand components, focusing on the various endogenous and exogenous factors that Thomson Reuters GFMS expect will drive these over the next three years. Particular emphasis is placed on the extent to which variations in precious metals prices will influence the various supply and demand components and vice versa. The reports set out what could happen to gold, silver and platinum & palladium in three distinct scenarios - an inflationary environment, a deflationary slump and a middle ground of only a mild slowdown in growth across the industrialised world - and back each up with detailed analysis.

Ten Year Outlook

Our Ten Year Outlook for Gold, Ten Year Outlook for PGMs and Ten Year Outlook for Silver address important questions about the future of the gold, PGMs and silver markets in the form of detailed long term forecasts for supply and demand and the price, basis different probability-weighted economic scenarios. These are bi-annual services which complement our successful current series of forecasting monthlies and quarterlies on the precious metals markets, which have proved to be extremely popular within the precious metals market place.

These services offer a Base Case and two alternative scenarios for the next 10 years, with each given a weighted percentage probability with a particular emphasis in the report on risks to the forecast, including those stemming from potential supply or demand ‘shocks’.

Metals Covered

• Gold
• Silver
• PGMs
  

Thomson Reuters GFMS is a leading provider of top quality research on base metals.

Base Metals One Year Forecast

These monthly reports contain one year forecasts of prices and supply and demand fundamentals for each of the metals covered. These are discussed in the context of a rigorous assessment of the broader economic developments that affect not only these variables but also speculative and investment activity in these markets. The reports draw upon Thomson Reuters GFMS’ substantial body of data and ongoing field research in the precious and base metals markets plus Thomson Reuters GFMS’ own proprietary analysis of the major economic variables that influence the metals’ prices.

Metals Covered

• Copper
• Aluminium
• Nickel & Cobalt
  
• Lead
• Zinc
• Tin

Quarterly Three Year Copper Forecast

This report provides a detailed three year forecast of supply and demand and prices based on three different economic scenarios. The report also discusses key issues such as substitution, industry consolidation, resource nationalism and the impact of investment funds.

• Detailed analysis of historical consumption trends on both a regional and end-use basis.
• Annual consumption forecasts by key consuming countries including the EU, US, Japan and the BRICs.
• Outlook for mine and refined production - including the major new projects that will affect future output.
• Supply and demand balances and price forecasts on both a quarterly and annual basis.
• Scenario planning - three different economic scenarios will be outlined with ascribed probabilities of particular outcomes.
  

Thomson Reuters GFMS is a leading provider of top quality research on steel.

Steel Forecast Services

Thomson Reuters GFMS offer a suite of steel research products to meet the need for comprehensive and timely analysis on the steel sector providing separate in-depth analysis on Asia, North America, Europe and Emerging Markets.

Flat Steel Products One Year Forecast

Published monthly with Briefing Updates, this report analyses the scrap, slab, plate, HR coil, CR coil and HDG markets. As well as providing an assessment of current and future price trends, Thomson Reuters GFMS has set up its own series of price indices covering the markets.

 

Long Steel Products One Year Forecast

This monthly research report analyses steel raw materials (ferrous scrap and HBI/DRI), semi-finished billet and finished long products of rebar and wire-rod, providing accurate, independently sourced data on production and trade, as well as applying value-analysis on the margins between raw materials, intermediate and finished products.

 

Flat Steel Products Five Year Forecast

This bi-annual service is the most comprehensive and cost effective source of analysis on the long-term prospects for the flat steel products industry. For each country, details are provided on production, imports and exports to derive apparent steel consumption for each product. The Flat Steel Products Five Year Forecast provides plant-by-plant details for the whole of the production process – slab, HR coil, CR coil, HDG, plate and tinplate. In addition, there is capacity information on all projects that are under development or consideration that will affect the market over the next five years.

We provide accurate, timely, detailed mine-by-mine analysis, based on the key drivers of $/tonne mine site costs. Data is updated quarterly or more frequently. Clients are offered quarterly conference calls, during which Thomson Reuters GFMS analysts will deliver a summary of the latest developments in the outlook for mine production and operating costs. The web-based service includes access to a rich data set and a suite of powerful analytical tools.

Gold Mine Economics

Detailed mine-by-mine analysis to 2030: reserves/resources, production, operating cost, capital cost and cash flow analysis. Covers over two hundred operating gold mines, each with annual gold production greater than 50koz/year, plus around one hundred projects at prefeasibility stage or later.

PGMs Mine Economics

Analysis of over thirty-five operating PGM mines in South Africa, Zimbabwe, Russia and North America plus around twelve projects at prefeasibility stage or later. Detailed reserves/resources, production, operating cost, capital cost and cash flow analysis to 2030.

World Gold Analyst

Thomson Reuters GFMS World Gold is an independent mining equities research company regulated by the FSA. We publish, on a subscription-only basis, the quarterly World Gold Analyst, which has proved to be an indispensable tool for busy mining executives, analysts, investment bankers and private and institutional investors around the world for over 50 years. Each quarter, World Gold Analyst provides subscribers with a summary of the operating and financial results of over 70 gold mining companies worldwide. Using easy to-read tables, readers can compare companies and results across the globe. We cover all the statistics and indicators you need to keep track of companies’ well being, from production, cash costs and earnings to status of projects through to market performance.

Find out more from the GFMS World Gold Analyst website

World Gold Analyst: Special Reports

Since 2005, Thomson Reuters GFMS World Gold has produced a number of major independent reports on the exploration and development activities of companies in countries and provinces attracting significant inward investment. These include China, Mexico, British Columbia and Nevada.

These reports are probably the most thorough and comprehensive reviews of exploration activity in the selected regions and are thus a valuable source of information for investors. By including detailed reports on a handful of selected companies, these reports also provide investors with detailed analysis of some of the prime investment opportunities.

The reports are distributed free of charge to the institutional investment community.

For more details about our recent reports (and to download free copies), please refer to the GFMS World Gold Reports.

Tailored Services

Thomson Reuters GFMS can provide clients with confidential and bespoke business solutions to help their operations. Thomson Reuters GFMS clients receive expert advice which is tailored to their business strategies and objectives.