Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More

The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More

China's domestic rebar prices recovered some losses on Monday October 25 after debt-ridden developer Evergrande Group announced a resumption of its construction projects in several Chinese cities.Domestic Eastern China (Shanghai): 5,350-5,400 yuan ($838-846) per tonne, up by 50 yuan per tonneEvergrande, one of the largest property developer in China, is preparing to resume the construction of a do...Read More

With the S&P 500 back at itsall-time highs, gold stopped lagging behind. However, how long can thisunsustainable growth last?TheFOMO Rally While the S&P500 has demonstrated a resounding ability to shake off bad news, anepic divergence has developed between positioning and economic expectations.And while ‘fear of missing out’ (FOMO) keeps sentiment near the high-end of itsrange,...Read More

Evergrande is on the brink of bankruptcy. Will gold prices collapse together with the real estate developer or benefit from its default?Generals are always prepared to fight the last war, while economists are always prepared to fight the last recession. But what if the next economic crisis doesn’t start in the US financial sector, but in China’s real estate?Naturally, I refer to Evergr...Read More

Here are five Fastmarkets stories you might have missed on Monday October 25 that are worth another look.Import prices for rebar in Singapore continued to rise in the week to October 25 amid a surging ferrous scrap market upstream.A combination of hurdles to a recovery...Read More

The gold miners’ latestquarterly earnings season will soon get underway, with their full Q3’21 resultsdue out by mid-November.  These fundamentalreports are invaluable to traders, revealing how companies are actually faringoperationally and financially.  Despite Fed-tighteningfears hammering gold and gold stocks last quarter, the miners are likely to collectivelyreport outsta...Read More

You see, there is all this noise out there. It comes mostly from inflationists touting gold in the same breath as copper, as oil, and as commodities of all flavors (and aside from gold and to a degree, silver, those flavors are cyclical).But you also see, gold is counter-cyclical in its best suit. You see on this monthly chart that gold has been forming its Handle to the bullish Cup ever since the...Read More

Sibanye-Stillwater is in talks to buy the Santa Rita nickel and Serrote copper mines in Brazil from affiliates of funds advised by Appian Capital Advisory LLP, the company said.The South African miner is predominantly a precious metals company, although it produces nickel and copper as by-products and has copper exploration projects in Canada and Argentina."Sibanye-Stillwater hereby advises its sh...Read More

Kickingthe can down the road is the new national pastime. Every time the government’sbills come due, officials at the Treasury Department find creative ways ofpaying them with money they don’t have.Onemeasure of just how overextended the United States has become financially isthe debt to GDP ratio. For most of the country’s history, excluding temporarywartime blips, net general g...Read More

Export prices for reinforcing bar and wire rod originating from the Commonwealth of Independent States surged in the week to Monday October 25, supported by positive market conditions.Firstly, prices from competitive Turkish suppliers increased over the week, supported by growing import scrap and electricity costs in the country.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar...Read More

Base metals on the London Metal Exchange closed the session higher on Monday October 25, but market participants expect further weakness in coming sessions.The three-month copper price led the base metals uptrend, closing at $9,867.50 per tonne, up 1.68% from the close of $9,704 per tonne on Friday October 22. Market participants continued to focus on dwindling copper stocks in LME sheds, wit...Read More

Here are five Fastmarkets stories you might have missed on Monday October 25 that are worth another look.Import prices for rebar in Singapore continued to rise in the week to October 25 amid a surging ferrous scrap market upstream.A combination of hurdles to a recovery...Read More

Base metals on the London Metal Exchange closed the session higher on Monday October 25, but market participants expect further weakness in coming sessions.The three-month copper price led the base metals uptrend, closing at $9,867.50 per tonne, up 1.68% from the close of $9,704 per tonne on Friday October 22. Market participants continued to focus on dwindling copper stocks in LME sheds, wit...Read More

Seaborne coking coal prices were relatively stable across the board on Monday October 25, with no transactions heard, sources told Fastmarkets - although some Chinese coke producers proposed price hikes and Shanxi province unveiled its winter restrictions plan.Fastmarkets indicesPremium hard coking coal, cfr Jingtang: $615.14 per tonne, down $0.26 per tonneHard coking coal, cfr Jingtang: $568.59 p...Read More

Spot prices for hot-rolled coil in China were stable on Monday October 25, with thin liquidity and volatile prices keeping buyers in wait-and-see mode, sources told Fastmarkets.DomesticEastern China (Shanghai): 5,550-5,600 yuan ($870-877) per tonne, unchangedThe most-traded HRC contract on the Shanghai Futures Exchange resumed its decline on Monday, finishing the day at 5,180 yuan per tonne, which...Read More

Everybody's excited about silver's nearly 15% move higher, but is silver really even rallying when the price of silver should be at least $88 right now?(by Half Dollar) The price of silver has rallied, and some say rather strongly.Indeed, the Cartel does not have the optics in its favor right now.You see, aside from the physical silver shortages and the supply chain disruptions, there is just too...Read More

PolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningExploration is a risky businessSPONSOREDmarimaca copperAssays have been received for the first nine drill holes of which eight holes intersected gold with a highlight of 53.5m grading 72...Read More

PolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningExploration is a risky businessSPONSOREDmarimaca copperThe company has completed about 102,000m of drilling to date at Queensway and plans to increase the number of drill rigs on site fr...Read More

Look beyond market approach to project valuations: van ZylLeadershipPolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningLithium producer Orocobre (ASX: ORE) was up about 4% in morning Australian trade.Gold, often used as a hedge against i...Read More

Domestic steel rebar prices in Russia's Central Federal District around Moscow have jumped by up to $185 during the week to Monday October 25 on depleted stocks and limited supply from the mills.Fastmarkets' assessment of steel reinforcing bar (rebar) domestic, cpt Moscow, Russia was in a wide range of 62,000-75,000 roubles ($888.46-1,074.75) per tonne cpt on Monday, including 20% value-added tax,...Read More

Fiore shareholders will receive 0.994 of a Calibre share and C$0.10 in cash for each Fiore share with an implied consideration of C$1.80 per share.Read More