Friday, January 20, 2023

MARKET COMMENT
PRECIOUS METALS REPORT
TRADING RANGE (COMEX/NYMEX Far East and early European ranges 01/20/2023)
Daily Report
Gold (Feb) Silver (Mar) Platinum(Apr) Palladium(Mar) Euro/USD
Please find current precious metal prices on
the right hand side. Next market comment will Open 1,933.70 24.0050 1,043.50 1,756.00 1.0831
follow next week. Low 1,924.80 23.9050 1,032.20 1,723.50 1.0822

Have a nice weekend! High 1,939.00 24.2250 1,048.50 1,760.00 1.0859

LONDON BENCHMARKS / ECB-EXCHANGE RATE (01/19/2023)

Gold Silver Platinum Palladium Euro/USD

AM 1,907.50 23.445 1,029.00 1,703.00 1.0815
PM 1,918.60 1,025.00 1,683.00

TRADING RANGE (COMEX/NYMEX 01/19/2023)

Gold (Feb) Silver (Mar) Platinum(Apr) Palladium(Mar) Euro/USD
Low 1,902.00 23.27 1,015.00 1,662.50 1.0780
High 1,936.90 24.08 1,052.60 1,777.00 1.0839
Close 1,923.90 23.87 1,041.10 1,768.50 1.0827

SUPPORT / RESISTANCE (USD/toz)

Gold Silver Platinum Palladium Euro/USD

Resistance 1,940 24.40 1,060 1,780 1.0890
Support 1,920 23.70 1,010 1,720 1.0790

PRICE RANGES (INDICATIONS) FOR MINOR PGM’s

Rh 12,100 – 12,400 / Ir 4,550 – 4,650 / Ru 450 – 480

GLOBAL ECONOMIC CALENDAR (01/20/2023)

Euro-Zone: Germany: PPI, Netherlands: Consumer Confidence, Poland:

Employment Growth
UK: Gfk Consumer Confidence, Retail Sales
U.S.: Existing Home Sales
RoW: Japan: Inflation Rate, Switzerland: World Economic Forum, Mexico,
Canada: Retail Sales, China: Chinese New Years Eve

For any comment, question or other inquiry please call us:

Hanau (DE) +49 6181 59 + (extension)
Paola Castellano-Weisser (6294), Oliver Stoehr (6291), Stephan Henkel (6292),
Sven Bandilla (6293), Sascha Hasenmaier (6297)

South Plainfield (US) +1 908 222 + (extension)

Stephan Marczinkowski (5001), Tom O’Keeffe (5002), David Lee (5003), Rosanne Rapier (5004)

This document is intended solely for professional participants of the precious metals markets. It is not designed for private individuals. This document is not and should not be construed as an offer
to sell, or a solicitation of an offer to purchase or subscribe to, any investment. This document is based on information that Umicore Precious Metals New Jersey, LLC and Umicore AG + Co. KG
Hanau Precious Metals Management (“Umicore”) has obtained from sources that it believes to be reliable, but Umicore has not independently verified such information. Accordingly, Umicore makes
no guarantee, representation, or warranty as to its accuracy or completeness. Expressions of opinion are those of Umicore and may change without notice. Neither Umicore nor any of Umicore’s
affiliates assumes any liability for any loss or damage, whether direct or indirect, that you may incur as a result of the use of or reliance on the information or opinions provided herein. If you are
considering a purchase or sale of precious metals from or to Umicore, please contact one of our account representatives for the current price and information about our terms and conditions of sale.