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
The Cobalt alloy grade, in-whs Rotterdam, $/lbtrade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Read More
The gold price fell below US$2600 per ounce this week, responding to the US Federal Reserve's interest rate cut. Meanwhile ...Read More
Golden Mile goes back to the futureSPONSOREDgolden mile resourcesWork on the 120,000 tonnes per year project stopped in August after the government suspended the licence to evaluate objections from residents and regional authorities. Locals oppose the project as they fear it will negatively impact crops and water supplies in the region."This ruling not only gives viability to the execution of a pr...Read More
A look at what last month's historically heightened VIX can tell us about stocks The stock market recently experienced the fastest market crash on record, so it's not a complete surprise that the CBOE Volatility Index (VIX) recently closed at its most extreme level. The March 16 VIX close of 82.69 barely topped the peak reached during the financial crisis in 2008. During the 1998 stock market drop...Read More
My FREE Daily Silver Newsletter In 5-Mins: https://silvernutshell.beehiiv.com/subscribe "It's Your LAST CHANCE to Load Up ...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.The recent decline in Chinese scrap prices - to their lowest in a couple of years - even as demand rises, suggests that Chinese scrap supply is increasingly sufficient. In terms of scrap demand, the question is more about price attractiveness. Mini-mills were reducing demand in February, largely because steel margins on scra...Read More
According to a recent Empower Retirement survey, 66% of respondents said they don't understand what "rebalancing investments" means. A similar percentage, 69%, said they don't know what "asset allocation" means. And the survey found that millennials in particular find financial terms difficult to understand.I'd say it's not just the younger generations struggling to understand today's financial ja...Read More
The past month has been a good one for the G-economy scenario which we characterize as an environment dominated by government-led inflation. However, it is probably too soon to rule out deflation as a potential force that could lead us to a D-economy which is dominated by falling prices as a result of record debt overhang. Today on INK Ultra Money, we hear from former Morgan Stanley market analys...Read More
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Diamond drill core storage for the Vizcachitas Project located 130 km northeast of Santiago, Chile. Source: Los Andes Copper Ltd.The sharp rise in the value of Los Andes Copper Ltd. [LA-TSXV] shares continued Friday April 12 as investors reacted to this week's news that the company has won the approval of Chile's Environmental Evaluation Service in connection with drilling work at its Vizcachitas...Read More
Steel H-beam prices in Northern and Southern Europe were flat week on week ahead of the expected seasonal slowdown in August, sources told Fastmarkets on Wednesday August 7.Fastmarkets assessed the price for steel beams, domestic, delivered Northern Europe, at ?,?570-600 ($639-672) per tonne on August 7, unchanged from the previous week.Prices and demand have remained firm with the market heading...Read More
RAPAPORT... US consumers are planning to spend 4% more this holidayseason, as shoppers between the ages of 18 and 34 expand their circle of giftrecipients, according to the National Retail Federation (NRF). "Younger consumers are helping drive the spending increasethis year," Phil Rist, executive vice president of strategy at ProsperInsights, which ran a survey with the NRF, saidlast we...Read More
Grocery Outlet Holding Corp (NASDAQ:NASDAQ:GO) Q4 2022 Earnings Conference Call February 28, 2023 4:30 PM ETCompany ParticipantsLynn Walter - IRRobert Sheedy - President, CEO &...Read full newsRead More
The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Fastmarkets assessed Cobalt...Read More
China's domestic rebar prices continued their upward trend on Tuesday July 6 on restocking demand, but end user demand soured, sources told Fastmarkets.DomesticEastern China (Shanghai): 4,950-4,980 yuan ($767-771) per tonne, up by 80 yuan per tonneTrading houses raised their procurement rates on Monday to build up inventories in anticipation of lower production in the second half of 2021.The...Read More
Here are five Fastmarkets stories you might have missed on Friday October 2 that are worth another look.The UK will maintain a tariff rate quota on certain steel imports, similar to the one currently in place, once the country has finally left the European Union.Primary aluminium stocks at the...Read More
By: Avi Gilburt(Originally published on Sat Nov 9 for our ElliottWaveTrader members)When the GLD dropped down off the October 25th high in a 5-wave structure, this provided us with the warning that a deeper c-wave can take hold. In fact, as we began the rally off that 5-wave decline, I began noting in our trading room that I was going to use GLD puts as a hedge to my overall metals positions,...Read More
Continue...James Turk has specialized in international banking, finance and investments since graduating in 1969 from George Washington University with a B.A. degree in International Economics. His career began at Chase Manhattan Bank (now JPMorgan Chase & Co.), which included assignments in Thailand, the Philippines and Hong Kong. He subsequently joined the investment and trading company of a pro...Read More
Seaborne coking coal prices softened further on Monday July 15 despite buying activity generated by keen interest from China.A cargo of premium mid-vol hard coking coal was traded at around $186 per tonne cfr China, sources said during the day.This is $6 per tonne higher than the fob Australia price for a cargo of the same brand that changed hands last week. It is also about $4 per tonne lower tha...Read More
The disconnect between London Metal Exchange and SHFE aluminium prices has opened an arbitrage window to China, but the international aluminium market is wary of taking advantage of it, Fastmarkets understands.The front month aluminium contract on the SHFE last traded at 13,235 yuan ($1,855.41) per tonne on Tuesday May 26, while the LME aluminium three-month price closed at $1,506.50 per tonne on...Read More