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
SEOUL/WASHINGTON (Reuters) - U.S. President Donald Trump said he was prepared to meet North Korea’s Kim Jong Un in what would be the first face-to-face encounter between leaders from the two countries and could mark a breakthrough in a standoff over the North’s nuclear weapons.Kim had “committed to denuclearization” and to suspending nuclear and missile tests, South Korea&r...Read More
Turkish mills booked no deep-sea cargoes on Thursday June 5, due to the Eid al-Fitr public holiday, sources told Fastmarkets.The market will remain subdued for the remainder of the week while Turkey marks the end of the period of abstinence for the Islamic holy month of...Read More
SHANGHAI, May 7 (SMM) –Copper: Copper prices were suppressed by stronger US dollar over the weekend. Technically, LME copper now stands at the $6,840/mt level with pressure from several moving averages, but the SHFE 1806 copper contract still stands below the moving averages with little support. We expect the SHFE 1806 contract to trade at 51,200-51,600 yuan/mt today. Spot prices are seen hi...Read More
London Metal Exchange base metals prices were mostly lower at the 5pm close on October 22, with investors looking to book profits from peaks reached earlier in the week. Aluminium's three-month price rolled back most of the gains made so far this month, with its closing price on Friday at 5pm, at $2,868 per tonne, being the lowest since October 6, with more than 37,000 lots traded. The metal...Read More
RAPAPORT... The Gemological Institute of America (GIA) has discovered anew mineral while studying flaws in large diamonds from the Let??eng mine. The organization named the substance crowningshieldite afterG. Robert Crowningshield. The 50-year GIA veteran and pioneer of gemologicalresearch wrote the first report on gem-quality laboratory-grown diamonds in1971, the GIA said Tuesday. Crowningshield...Read More
Tetsushi KajimotoTOKYO (Reuters) - Japan’s economy likely slowed to a crawl, or possibly even contracted slightly at the start of this year, which would break the longest run of growth seen for decades and thwart Prime Minister Shinzo Abe’s reflationary ‘Abenomics’ polices.Many economists expect the world’s third largest economy will return to growth in the current qu...Read More
"1933 Industries (@1933Industries) (#CSE: $TGIF | #OTCQX: $TGIFF) Signs Strategic Mgmt Deal to Expand its #Brands into #California, the Largest #Cannabis Market [https://t.co/DIVJcStsG5]#investing #stocks #stockmarket #trading #investors #capitalmarkets #business #potstocks"Read full newsRead More
* Fed chair's testimony read as striking hawkish tone* Weaker-than-expected U.S. data fails to tarnish dollar* Euro zone inflation slows, clipping euro bulls* Yen edges higher after BoJ trims super-long JGB buying (Recasts, adds comment, FX table, updates prices, changes byline, dateline; previous LONDON)By Gertrude Chavez-DreyfussNEW YORK, Feb 28 (Reuters) - The dollar rose to five-week highs on...Read More
"$SQM - Sociedad Qu?-mica y Minera de Chile S.A.'s (SQM) CEO Ricardo Ramos on Q1 2019 Results - Earnings Call Transcript https://t.co/1HSsxD6Hen"Read full newsRead More
How long it will take the global economy to recover from the Covid-19 pandemic is anyone's guess right now.Could the world's major economic regions be in for an "LUV" recovery similar to the one they saw after the global financial crisis of 2008-09?That was the format of recovery that was expected in 2009 by former Rio Tinto chief executive officer Tom Albanese, who was at the helm of the mining g...Read More
Seaborne iron ore prices increased on Monday September 27 because pre-holiday restocking activities at China's ports boosted market sentiment after price declines in the past two weeks.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $119.31 per tonne, up $7.98 per tonne62% Fe low-alumina fines, cfr Qingdao: $121.10 per tonne, up $7.32 per tonne58% Fe fines high-grade premium, cfr Qingdao: $...Read More
"Inflation is going to be the wild card and that could be a reason to be bullish on gold."Continue...Read More
Technical analyst Clive Maund charts silver and discusses the factors behind its price decline. Silver fell sharply on Friday after dropping on Wednesday and Thursday, and the reason it fell so sharply can be seen on its latest 6-month chart below which shows that it breached its parabolic uptrend, which had become too steep, this differed from gold whosesimilar parabolic uptrend held, for now. W...Read More
From the show 'Burning Bridges':After Kevin complaining on how Jim Norton handled payment for a live show, Jim calls in to address Kevin's comments._Subscribe to the 'Compound Media' for full episodes.http://www.compoundmedia.comSave 20% on a new subscription with Promo Code: 'Podcast 20' 'The Anthony Cumia Show' w Dave Landau [Mon-Thurs 4pmET/1pmPT]'Mornin'!!!' w/ Bill Schulz & Joanne Nosuchinsky...Read More
CAIRO (Reuters) - Qatari Minister of State for Defence Affairs Khalid bin Mohammed al-Atiyya met Turkey’s president Tayyip Erdogan in the presidential palace in Ankara, Qatar’s Defence Ministry said on Twitter on Monday.It added in a statement that they discussed the mutual relations between the two countries, and “the latest developments in the region”.Reporting by Nayera...Read More
Global stocks traded mixed Wednesday as investors continued to adopt a cautious stance amid rising commodity prices and a surging U.S. dollar even as corporate profits, particularly in the tech sector continue to impress in a record earnings season. Early indications from U.S. equity futures suggest a positive session on Wall Street, with contracts tied to the Dow Jones Industrial Average r...Read More
Interview with Chris Reed, CEO/MD of Neometals Ltd. Our previous interview: ...Read More
Southern European tube mills have increased their prices for commodity-grade hollow steel sections again this week in an attempt to offset the pressures of higher prices and low availability in steel coil, sources told Metal Bulletin.Metal Bulletin's price assessment for Southern Europe-origin hollow sections was ?,?625-660 ($772-816) per tonne on Wednesday February 21, compared with ?,?625-655 pe...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Aluminium: Comfortable consolidationAluminium appears comfortable consolidating for the moment, and this will leave prices in a stronger position to challenge overhanging long-term trend-line resistance from the May 2018 high, which stands at $1,670 per tonne currently.Copper: Consolidation unlikely to lastCopper reached its...Read More
Turkish steel producers resumed their deep-sea scrap bookings as expected on Thursday May 21, but prices rapidly increased because of the improving demand, sources told Fastmarkets.A steel mill in the Iskenderun region booked a US cargo, comprising 20,000 tonnes of HMS 1&2 (95:5) at $254.50 per tonne, 7,000 tonnes of shredded at $257.50 per tonne and 3,000 tonnes of bonus at $262.50 per tonne cfr....Read More