(Kitco News) - Gold prices are near steady in afternoon U.S. trading Wednesday, in the wake of the just-released FOMC minutes that were deemed as tilting barely toward the dovish camp on monetary policy. June Comex gold futures were last down $0.30 an ounce at $1,291.70. July Comex silver was last down $0.14 at $16.435 an ounce. The U.S. data-point highlight of the week is Wednesday afternoon&rsqu...Read More
WASHINGTON, May 23 (Reuters) - Most Federal Reserve policymakers thought it likely another interest rate increase would be warranted “soon” if the U.S. economic outlook remains intact, minutes of the central bank’s last policy meeting showed.The readout of the meeting, released on Wednesday, also included a call by some policymakers to revise the Fed’s monetary policy state...Read More
Today LME Inventory Report : 23/05/2018ALUMINIUM -1775 MT,COPPER -2175 MT,NICKEL -2454 MT,LEAD +25 MT,TIN +55 ANDZINC -775 MTAFTER POST CONTENT Read More
NICKEL TODAY TIPSNickel Today – BUY Nickel between 996.1 – 996.80 (CMP 996.20), Add more at price 990 with SL Below price 985.40 for Target 1004.0 – 1009.0AFTER POST CONTENT Read More
Lead Carry Call – Mcx Lead BUY Call 98f given at 167.65 Achieved 1st Target 168.80 (Made 168.90 high) Total Profit of 1.15 x 2 lot = 2.30 Points ProfitTIPS ID 98f : Mcx Lead Carry Call - BUY Lead at CMP 167.65 for Target 168.80 - 169.60 with SL below price 166.50AFTER POST CONTENT Read More
Lead Mcx – Lead BUY Carry call 98f given at price 167.65 CMP 168.50. Low risk taker book 0.85 x 2 lot = 1.7 Points Profit at CMP98f : Mcx Lead Carry Call - BUY Lead at CMP 167.65 for Target 168.80 - 169.60 with SL below price 166.50AFTER POST CONTENT Read More
Nickel Call Today – EXIT from Nickel SELL Call 989 given at price 994.70 CMP 998. Total 3.30 Points LOSS EXIT at CMPTIPS 989 : Nickel Today - SELL Nickel at CMP 994.70 for Target 984.70 - 976.70 with SL Above price 1004.70AFTER POST CONTENT Read More
Mcx Zinc Carry Call – BUY Zinc at CMP 207.65 for Target 209.50 – 210.40 with SL below price 206.80AFTER POST CONTENT Read More
ZINC TARGET TIPS FREEMcx Zinc Target Tips Free – Zinc SELL Call 98d given at price 208.60 Achieved 1st Target 207.60. CMP 207.60. Total Profit of 1 Points x 2 lot = 2 pointsTIPS ID 98d : Today Zinc - SELL Zinc at CMP 208.60 for Target 207.60 - 207 with SL Above price 209.20 (SMALL SL)AFTER POST CONTENT Read More
Mcx Lead Carry Call – BUY Lead at CMP 167.65 for Target 168.80 – 169.60 with SL below price 166.50AFTER POST CONTENT Read More
Today ZInc Call – Zinc SELL Call 98d given at price 208.60 CMP 207.70. Near to Target. Profit of 0.9 x 2 lot = 1.8 Points for low risk taker98d : Today Zinc - SELL Zinc at CMP 208.60 for Target 207.60 - 207 with SL Above price 209.20 (SMALL SL)AFTER POST CONTENT Read More
Today Zinc – SELL Zinc at CMP 208.60 for Target 207.60 – 207 with SL Above price 209.20 (SMALL SL)AFTER POST CONTENT Read More
Nickel Today – SELL Nickel at CMP 994.70 for Target 984.70 – 976.70 with SL Above price 1004.70AFTER POST CONTENT Read More
(Kitco News) - Gold has found some short-term support on the back of news that the U.S.-North Korea summit may be delayed and a renewal of trade war jargon between the U.S. and China. It is difficult to discern what the reality is, as comments remain fluid. We have exited our long gold trade at $1,297 and prefer to wait for a break above the $1,302 level for confirmation that the uptrend has resu...Read More
Gold could be in for a period of sideways consolidation, and exchange-traded-fund holdings held up despite a recent price decline in the precious metal, says Alex Thorndike, senior precious-metals trader with MKS (Switzerland) S.A. While spot metal touched a fresh 2018 low of $1,282.20 on Monday, the market has mostly sideways since falling below $1,300 support on May 15. “For now we see stu...Read More
Gold has been under pressure the last few weeks and is now consolidating at lower levels. It appears that the lows are in for now and the next move will be higher. There have been many excuses as to why gold has been trading lower, with one being the strength of the U.S. dollar. If that's the case, we would ask why gold was weak as the dollar was collapsing from 103 to 88. When looking...Read More
SHANGHAI, May 23 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index dipped from its five-month high to close at 93.59 last night. It lost momentum following the US-China trade war tension eased.Base metals saw mixed trading overnight. LME lead touched two-and-half month's high and closed over 2% higher due to worries...Read More
SHANGHAI, May 23 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index dipped from its five-month high to close at 93.59 last night. It lost momentum following the US-China trade war tension eased.Base metals saw mixed trading overnight. LME lead touched two-and-half month's high and closed over 2% higher due to worries...Read More
SHANGHAI, May 23 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index dipped from its five-month high to close at 93.59 last night. It lost momentum following the US-China trade war tension eased.Base metals saw mixed trading overnight. LME lead touched two-and-half month's high and closed over 2% higher due to worries...Read More
The latest news and price moves to start the Asian day on Wednesday May 23.Base metals on the London Metal Exchange were mixed at the close of...Read More