(Reuters) - Wall Street gave up earlier gains and were little changed on Tuesday afternoon after U.S. President Donald Trump said he was not pleased with the recent U.S.-China trade talks and also raised doubts about the upcoming North Korea summit.Trump said the China trade talks “were a start” and that there was no deal with China on ZTE Corp (000063.SZ). Trump has adopted a more con...Read More
The U.S. state of Nevada is the world's fifth largest gold producer and the number one gold-pruning state in the U.S., according to the annual 2017 data released by the Nevada Division of Minerals. Nevada is right behind mining giants such as China, Australia, Russia and Canada. Last years data shows that total annual production was at 5.64 million ounces of gold, which is up 3.2% from 2016. By...Read More
KHOBAR, Saudi Arabia/LONDON (Reuters) - OPEC may decide to raise oil output as soon as June due to worries over Iranian and Venezuelan supply and after Washington raised concerns the oil rally was going too far, OPEC and oil industry sources familiar with the discussions told Reuters.Gulf OPEC countries are leading the initial talks on when the exporting group can boost oil production to cool the...Read More
WASHINGTON (Reuters) - U.S. President Donald Trump on Tuesday floated a plan to fine ZTE Corp $1.3 billion and shake up its management, as U.S. lawmakers vowed to keep sanctions that crippled the Chinese telecommunications firm.Trump, speaking to reporters at the White House about ongoing trade negotiations with China, said there was no deal with Beijing on ZTE. In addition to the fine, Trump said...Read More
Nickel Calls – BUY Nickel at CMP 1001 ADD more if price 995 with SL 990 for Target 1009 – 1014AFTER POST CONTENT Read More
London Metal Exchange (LME) Metal Stock Inventory Today : 22/05/2018ALUMINIUM -1800 , COPPER -2725 , NICKEL -3450 , LEAD NA , TIN +70 AND ZINC -325AFTER POST CONTENT Read More
COPPER LIVE TARGET TIPSCopper Live Target Tips – Today Copper BUY Call 95f, Given at price 467 Achieved 2nd Target 470.80. CMP 471. Total profit of 3.8 x 2 lot 7.6 Points / Rs 7600TIPS ID 95f : Copper Today - BUY Copper at CMP 467 for Target 469.50 - 470.80 with SL below price 464.90. RISK Taker trade 2 lotsAFTER POST CONTENT Read More
Free Zinc Intraday – SELL Zinc at CMP 209.10 with SMALL SL Above 209.55 for Target 208.20 – 207.50AFTER POST CONTENT Read More
COPPER OPTION TRADING TIPSCopper Option Trading – Copper Mcx JUN CE 465, BUY Call 88b given at price 7.80 Achieved 1st Target 13.10. CMP 13.10. Total 5.30 Points TARGET Achieved88b : MCX Copper Option Call - BUY Copper 27 JUN CE 465 at CMP 7.80 for Target 13.10 - 15.0 with SL below price 3.10AFTER POST CONTENT Read More
MCX COPPER COMMODITY TIPSCopper Commodity Tips – Copper BUY Call 95f given at price 467 Achieved 1st Target 469.50. CMP 469.90. Total profit of 2.9 x 2 lot = 5.8 PointsTIPS ID 95f : Copper Today - BUY Copper at CMP 467 for Target 469.50 - 450.80 with SL below price 464.90. RISK Taker trade 2 lotsAFTER POST CONTENT Read More
(Kitco News) - Gold and silver prices are modestly higher in early-afternoon U.S. trading Tuesday. The metals saw corrective rebounds from recent selling pressure that saw gold hit a five-month low on Monday. If the gold bulls can push and close prices back above the critical $1,300.00 level, then a near-term market bottom would likely be in place. However, upbeat trader and investor risk appetite...Read More
Copper Today – BUY Copper at CMP 467 for Target 469.50 – 470.80 with SL below price 464.90. RISK Taker trade 2 lotsAFTER POST CONTENT Read More
Zinc Trading Call – Zinc SELL Call 956 given at price 211.30 Achieved 1st Target 210.30 & 2nd Target 209.70. CMP 208.50. Total profit of 1.6 x 2 lot = 3.20 Points profitTIPS ID 956 : High Risk Call - SELL Zinc at CMP 211.30 for Target 210.30 - 209.70 with SL Above price 212.20AFTER POST CONTENT Read More
MCX ALUMINIUM TRADING TODAYAluminium Trading Today – Aluminium SELL Hold Call 8c2 given at price 159.10 Achieved 1st Target 155. Made 154.95 today. Profit of 4.1 x 2 lot = 8.20 Points / Rs 41000TIPS ID 8c2 : Aluminium Carry Hold - SELL 2 lot Aluminium May at CMP 159.10 for Target 155 - 153.50 with SL Above price 161.80AFTER POST CONTENT Read More
Gold has ticked higher as traders who previously took out short, or bearish, trades buy to offset or cover them, says Edward Meir, commodities consultant with INTL FCStone. As of 9:45 a.m. EDT, spot gold was $1.05 higher to $1,294.05 an ounce. “The precious metals group is higher right now, continuing a short-covering rally that set in over the course of yesterday's session after gold set a...Read More
(Kitco News) - Physical demand for gold has improved on the recent price decline, although traders say it’s still on the soft side and any pickup may not be quantifiable until key nations start releasing their import/export data for May.“It’s better than before, but it’s still not excellent,” said Afshin Nabavi, head of trading at trade house MKS (Switzerland) SA, in...Read More
Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More
On Monday, gold reversed smartly from the lows of the day to close higher. The rally brings about the question -- was the move on Monday a dead-cat bounce or has the rally begun? Based on the trade and where gold is now, a case can be made for either. If you are in the dead-cat-bounce group, the bounce from oversold conditions makes sense, with gold being under selling pressure for weeks. A relief...Read More
SHANGHAI, May 22 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightAs US-Sino trade concerns eased, the US dollar surged to a high of 93.97 overnight. It closed 0.1% lower at 93.55.Base metals received support as fears of a trade war abated but faced resistance from a stronger US dollar. LME base metals rose across the board with...Read More
SHANGHAI, May 22 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightAs US-Sino trade concerns eased, the US dollar surged to a high of 93.97 overnight. It closed 0.1% lower at 93.55.Base metals received support as fears of a trade war abated but faced resistance from a stronger US dollar. LME base metals rose across the board with...Read More