(Kitco News) - Charles Krauthammer, the conservative columnist for Fox News and Pulitzer Prize winner, has passed away Thursday at the age of 68. During his time at Fox, Krauthammer became known as the “dean of conservative commentators” He has also appeared on Kitco News to discuss his views on the gold standard and joined a panel discussion on a Libertarian vs. Democrat vs. Republic...Read More
(Kitco News) - As gold struggles to find support after hitting a six-month low earlier this week, analysts are waiting for a reawakening of the metals’ safe-haven appeal amid a complacent market in the face of trade war fears.The yellow metal was unable to find a bid this week despite heightened trade tensions and market uncertainties, largely weighed down by the rallying U.S. dollar. August...Read More
Italy’s debt to GDP ratio is amongst the highest in the world. As the new government in Italy seeks to stimulate growth through increased borrowing, gold’s attractiveness as an asset which is not replicable and is no one’s liability will become more apparent.Italians recently elected “protest parties” M5S and La Lega, largely due to economic hardship in the coun...Read More
Zinc Calls – Zinc SELL Call b60 given at price 201.80 Achieved 1st 200 & 2nd Target 199.50 Made 199.45 low. Total Profit of 2.30 Points per lotTIPS ID b60 : Mcx Zinc Target Tips - SELL Zinc at CMP 201.80 for Target 200 - 199.50 with SL Above price 202.80 Read More
Today LME Inventory Report Data : 22/06/2018 Aluminium (-2775), Copper (-1700), Lead (-75), Nickel (-1068), && ZINC (-200) Read More
MCX ZINC TARGET TIPS TODAYMcx Zinc Target Tips – SELL Zinc at CMP 201.80 for Target 200 – 199.50 with SL Above price 202.80 Read More
(Kitco News) - Wall Street remains bullish but Main Street is mixed on the direction of gold prices in the next week, based on the Kitco News weekly survey. Gold tumbled to its lowest level in six months this week largely due to strength in the U.S. dollar. In doing so, the metal was unable to draw a safe-haven bid despite weakness in equity markets as worries about a global trade war intensified....Read More
(Kitco News) - Commerzbank looks for gold to reclaim $1,350 an ounce and silver $18 by year-end on expectations that the U.S. dollar will start to give back some of its recent strength. Gold hit a six-month low this week as the dollar hit an 11-month high, benefitting from the divergence in U.S. and European monetary policy as well as European politics, the bank said. The Federal Reserve hiked U.S...Read More
(Kitco News) - Gold investors should eye an even lower target from current levels, as there is currently no need for a flight to safety, said Todd “Bubba” Horwitz of bubbatrading.com.“I think soon there will be good news, but I think we’ve broken down and violated a lot of key levels, and I think really, the next real level that I’m going to want to step in, unless we...Read More
(Kitco News) - There are strange things done in the midnight sun By the men who moil for gold - Robert ServiceNearly three years ago, I traveled up to the Yukon to explore the region’s mining sector. I left with a strong sense of optimism among the mining CEOs as they were expecting that it would be only a matter of time before investors started to take notice of the region’s mining un...Read More
The latest news and price moves to start the Asian day on Friday June 22.Zinc prices on the London Metal Exchange fell by more than 2% by the close of trading on Thursday June 21, while sister metal lead struggled to find support amid an intensified trade war between China and the United States. Read more in our live futures report.Here are how prices looked at the close of trading:The L...Read More
The latest news and price moves to start the Asian day on Friday June 22.Zinc prices on the London Metal Exchange fell by more than 2% by the close of trading on Thursday June 21, while sister metal lead struggled to find support amid an intensified trade war between China and the United States. Read more in our live futures report.Here are how prices looked at the close of trading:The L...Read More
The latest news and price moves to start the Asian day on Friday June 22.Zinc prices on the London Metal Exchange fell by more than 2% by the close of trading on Thursday June 21, while sister metal lead struggled to find support amid an intensified trade war between China and the United States. Read more in our live futures report.Here are how prices looked at the close of trading:The L...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Base metals on the London Metal Exchange ended mostly higher on Friday June 22, mounting a sustained fightback against the week-long dollar rally that fueled downward momentum across the complex.Nickel's three-month price finished above $15,000 per tonne and up 5% on its weekly low of $14,580 per tonne on June 19.With price rises supported by a downtrend in LME inventories - they are at their lowe...Read More
Chinese customs has suspended the publication of trade data for some key metal products including refined zinc, lead, nickel and copper raw materials such as scrap and concentrates, sources said. Chinese research analysts, whose work depends upon trade data from the world's top metal producing and consuming country, told Metal Bulletin they have been only granted very limited access to trade data...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
European import prices for austenitic alloy steel scrap narrowed slightly higher this week, with sources noting limited supply, however, the market is largely stable, with participants awaiting the third-quarter ferro-chrome benchmark settlement.Expectations for the ferro-chrome benchmark - a significant driver of steel scrap prices - had previously been for a substantial decrease amid weak spot p...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Chinese customs has suspended the publication of trade data for some key metal products including refined zinc, lead, nickel and copper raw materials such as scrap and concentrates, sources said. Chinese research analysts, whose work depends upon trade data from the world's top metal producing and consuming country, told Metal Bulletin they have been only granted very limited access to trade data...Read More