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
RAPAPORT... India's Gem & Jewellery Export Promotion Council (GJEPC)will open an office in China's Shenzhen Rough Diamond Exchange (SRDE) in aneffort to promote trade between the countries.GJEPC chairman Pramod Agrawal signed a Memorandum ofUnderstanding (MOU) with Julius Zheng, vice president of the SRDE, at the IndiaInternational Jewellery Show (IIJS) in Mumbai last week. Under the MoU, the...Read More
Secondary aluminium alloy prices in the United States are holding steady on the back of tight ingot capacity, despite continued declines in raw material costs. ...Read More
The US physical copper market is marking time until an expected revival following the national Labor Day holiday on September 3....Read More
The US Midwest aluminium premium has stayed stable to start the week, with market participants looking forward to annual contract negotiations - which typically start in earnest next month - while domestic spot activity remains quiet....Read More
Primary aluminium stocks at the three main Japanese ports (MJP) of Yokohama, Nagoya and Osaka rose 1.1% month on month in July, according to data from Marubeni Corp released on Tuesday August 14. ...Read More
While lithium and potash are often found in the same deposits and mined together, analysts believe the increasing number of companies racing to produce the white metal, key ingredient for making batteries that power electric vehicles (EVs) and high tech devices, won't have an impact in the potash market.Not all brine-based lithium projects will make substantial quantities of potash - Humphrey Knig...Read More
Flat steel import prices in the United Arab Emirates and Saudi Arabia were mostly stable this week, with demand remaining poor ahead of the eid holiday, sources told Metal Bulletin on Tuesday August 14. ...Read More
Prices for imported and domestic rebar and imported billet in the United Arab Emirates remained stable on Tuesday August 14, with demand limited for seasonal reasons, sources told Metal Bulletin. ...Read More
After yesterday's dynamic price drop, the real question is will gold go lower or will it rally from here? The possible answers are entirely different when you look at the technical data and when you then look at the fundamental events behind the selloff in gold. On a technical basis, gold is over-sold. This week gold broke below the 0.618% retracement as it traded through and below $1,218 per ounc...Read More
The latest bids, offers and deals in the global markets for hot-rolled coil, cold-rolled coil, hot-dipped galvanized coil, pre-painted galvanized iron, steel plate, steel sheet and other flat steel products. ...Read More
(Kitco News) - Streaming company Wheaton Precious Metals Corp. (TSX, NYSE: WPM) late Tuesday reported a rise in its second-quarter adjusted profit as revenues got a boost from higher gold sales and prices.Adjusted net earnings were $73 million, or 16 cents per share, up from $67 million, or 15 cents, in the same period of 2017.Net earnings were $318 million, up from $67 million. The April-June net...Read More
(Kitco News) - Gold and silver prices are modestly up in early-afternoon U.S. trading Tuesday, on mild rebounds after gold hit a nearly 1.5-year low and silver a two-year low on Monday. An encouraging sign for the precious metals bulls is that their markets were able to sustain gains today despite a solid rally in the U.S. dollar index to a 14-month high. December gold futures were last up $3.30 a...Read More
The latest metal markets news and price moves to start the North American day on Tuesday August 14....Read More
(Kitco News) - After briefly breaching the $1,200-an-ounce level, gold prices have only higher to go, with the third quarter marking the bottom for prices in 2018 and 2019, according to ABN Amro.“Gold, silver and platinum prices are expected to bottom out during the coming weeks. We expect higher prices in 2019,” the Dutch bank’s senior precious metals and diamond analyst, George...Read More
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North China's hot-rolled coil prices continued to rise on Tuesday August 14 while those in the eastern region lost their upward momentum on thin trading....Read More
...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as its published.SubscribeRead More
(Kitco News) - The giant Donlin gold project in southwestern Alaska has received major permits from the federal government, owners Barrick Gold Corp. (NYSE, TSX: ABX) and NovaGold Resources Inc. (TSX, NYSE American: NG) announced in a joint statement. Company officials say this marks the end of a multi-year federal environmental review. A “record of decision” (ROD) was issued by the U....Read More
(Kitco News) - Well-known fund manager Ray Dalio's Bridgewater Associates maintained holdings in gold exchange-traded funds during the second quarter even as the price of the metal fell, filings show.Institutional investment managers must file a Form 13F-HR, showing their major holdings, with the Securities and Exchange Commission within 45 days of the end of each quarter. The most recent round o...Read More
Chinese vanadium export prices remained largely steady despite limited buying interest, while European ferro-vanadium prices slipped as traders took profits amid the weakened summer spot demand....Read More