Chinese silicon metal prices continued to dip in the latest pricing session but the drops were capped by local refineries who increased up their offer prices to support the market, Metal Bulletin learned. Metal Bulletin's Chinese grade 553 silicon price dropped by 0.8% to $1,880-1,950 per tonne on Friday April 20, from $1,900-1,960 one week ago. The Chinese grade 553 silicon export price hit...Read More
Manganese flake prices jumped more than 14% on Friday April 20 to its highest level since December 2016 on a continued supply squeeze in Europe. Metal Bulletin assessed the manganese flake in-warehouse Rotterdam price at $2,275-2,450 per tonne on Friday, up 14.1% on the previous assessment and the highest it has been since December 2016. "All the material has been purchased. There is absolute...Read More
The base metals traded on the London Metal Exchange have kicked off the new trading week with a broadly positive performance this morning, Monday April 23.Sanction-hit aluminium leads on the upside with a gain of 0.8%, followed by lead, copper and zinc, which are up by 0.7%, 0.6% and 0.4% respectively. Nickel and tin are bucking the uptrend, however, with losses of 0.8% and 0.1% respectively. With...Read More
China has granted import quotas for copper scrap this year that are reduced by 83.7% from a year ago, in its first 10 rounds of approvals for solid waste import licenses, according to calculations made by Metal Bulletin.Licenses for total imports of 463,916 tonnes of copper scrap (HS code 7404.0000.10) have been granted so far in 2018, compared with 2.84 million tonnes a year ago, according to off...Read More
My long-term subscribers and readers of my daily column know that I have an intrinsic bias towards gold. This bias is in relationship to the finite quantity of gold when compared to fiat currencies. Gold and silver were utilized as some of the earliest forms of currencies. The earliest types of government currencies were minted coins made of gold and silver. More importantly, the value of those co...Read More
Zinc Target – Zinc Mcx BUY Call 66b given at price 213.65 Achieved 1st Target 215.10 CMP 215.85. Near to 2nd Target. profit of 2.2 x 2 lot = 4.40 Points66b : Zinc Call - BUY Zinc at CMP 213.65 for Target 215.10 - 216.20 with SL below price 212.0. Trade with 2 lotsAFTER POST CONTENT Read More
Copper Carry – Mcx Copper Buy carry call 65b given at price 456.20 Achieved 2nd Target 460. CMP 460.05. Total Profit of 3.8 x 2 lot = Rs 7600 / 7.6 Points65b : Copper Carry Call - BUY Copper at CMP 456.20 for Target 459 - 460 with SL below price 452.60AFTER POST CONTENT Read More
Copper Commodity – Mcx Copper BUY Carry call 65b given at price 456.20 Achieved 1st Target 459. (Made 459.90) Total profit made 2.8 x 2 lot = 5.60 Points65b : Copper Carry Call - BUY Copper at CMP 456.20 for Target 459 - 460 with SL below price 452.60. RISK Taker trade 2 lotsAFTER POST CONTENT Read More
Copper Today Tips – Copper BUY Call 673 given at price 457.50 Achieved 1st Target 459.80 (Made 459.90) Total Profit of 2 Point x 2 lot = Rs 4000 / 4 PointsTIPS ID 673 : Tips for Copper - Copper BUY at CMP 457.50 for TGT 459.80 - 461 with SL below price 454.90 (2.6 Points SL)AFTER POST CONTENT Read More
Nickel Target Level Today – Nickel Mcx BUY Call 672 given at 964 (968+960) Achieved 1st Target 978 & 2nd Target 985 CMP 985.20. Profit of 19 x 2 lot = 38 Points672 : Nickel Call - BUY Nickel at CMP 968 Add more at price 960 with SL 955 for Target 978 - 985AFTER POST CONTENT Read More
(Kitco News) - The desire for gold is the most universal and deeply rooted commercial instinct of the human race. - Gerald M. Loeb A close look at historical price returns shows that history agrees with the age-old adage of holding gold as a hedge but what is the best way to put this in practice? The purest way for investors to play the yellow metal without buying outright physical gold bullion...Read More
(Kitco News) - The market is paying attention to the rising U.S. dollar, which poses a big risk to gold prices going into next week, according to analysts.Gold prices ended the week on a lower note, giving up all of Wednesday’s impressive gains. June Comex gold futures were trading at $1,338.10, down 0.79% on the day, as markets are getting ready to close on Friday. Meanwhile, the U.S....Read More
MCX ZINC TARGET LEVELZinc Target Level – Zinc Commodity Tips 66b Advised buy at price 213.65 Achieved 1st Target 215.10. Total profit of 1.45 x 2 lot = 2.9 Points / Rs 1450066b : Zinc Call - BUY Zinc at CMP 213.65 for Target 215.10 - 216.20 with SL below price 212.0. Trade with 2 lotsAFTER POST CONTENT Read More
FREE MCX NICKEL TIPSFree Mcx Nickel Tips – Nickel BUY Call 672 Advised at price 964 (968+960) CMP 975. Low risk taker Book Profit of 11 x 2 lot = 22 Points672 : Nickel Call - BUY Nickel at CMP 968 Add more at price 960 with SL 955 for Target 978 - 985AFTER POST CONTENT Read More
Today Lead Tips – RISK taker Sell Lead at CMP 156.40 for Target 157.40 for Target 155.30 – 154.50AFTER POST CONTENT Read More
Tips for Copper – Copper BUY at CMP 457.50 for TGT 459.80 – 461 with SL below price 454.90 (2.6 Points SL) RISK Taker trade 2 lotsAFTER POST CONTENT Read More
Nickel Call – BUY Nickel at CMP 968 Add more at price 960 with SL 955 for Target 978 – 985AFTER POST CONTENT Read More
In the early hours on Wednesday, I alerted readers to a short squeeze which was beginning to take place in the silver market. Silver rallies are typically an inflation play, so the shorts began to cover when the CRB Index began to rally towards its January high. However, while silver has risen nearly 4% this week, it has yet to ignite the gold sector which stalled yet again near strong resistance...Read More
Editor's Note: This story was updated from the original posted on April 20, 2018 at 13:13 EST. (Kitco News) - Turkey joined the ranks of Germany and Hungary as the latest country which brought back its gold to home base, this according to reports from the country’s media.Reports from Turkish media outlet Yeni Safak suggest that the country brought back all of its gold stored in the U.S. Fede...Read More
Zinc Call – BUY Zinc at CMP 213.65 for Target 215.10 – 216.20 with SL below price 212.0. Trade with 2 lotsAFTER POST CONTENT Read More