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
AUSTRALIA - BHP Group has commissioned the new ramp at its Olympic Dam iron ore-copper-gold mine, and it doubles the haulage capacity for its trucks. The Kalta decline is key to reaching the Southern mine area where BHP is mining high grade copper resources.BHP spent A$250 million to develop the Southern mine area, and another $40 million on the ramp. The first ore from the area was produced in mi...Read More
ARway.ai Chief Executive Officer Evan Gappelberg joined Steve Darling from Proactive to unveil two significant partnerships with ...Read More
Seaborne iron ore trading was limited on Wednesday December 9, however, lump prices performed well amid active trading at ports and less pellet supply, sources told Fastmarkets.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $150.16 per tonne, up $1.81 per tonne62% Fe low-alumina fines, cfr Qingdao: $149.81 per tonne, up $1.64 per tonne58% Fe fines high-grade premium, cfr Qingdao: $13...Read More
The latest metal markets news and price moves to start the North American day on Monday November 12.Base metals on the London Metal Exchange were mixed during morning trading with nickel, zinc and lead prices pressured by a fresh 2018 high in the US dollar index, while copper and tin futures found support. Here's how base metals prices looked at 11:48am London time:For a snapshot of...Read More
Good morning from Fastmarkets MB's offices in Asia as we bring you the latest news and pricing stories on Monday November 12.Base metals prices on the Shanghai Futures Exchange were broadly down during Asian morning trading on Monday, dragged down by a strong dollar and negative sentiment surrounding the ongoing trade spat between the United States and China. Only zinc managed to buck the downward...Read More
The manipulation theorists have more fodder due to a recent development.Manipulation did not cause the standard market correction between 2011 and 2016.Market sentiment is the main driving factor in the metals market.There were several developments in the gold market this past week. First, we heard of another trader who has pleaded guilty to "manipulating" the metals market. And, everyone is up in...Read More
GOLD eyes additional price weakness towards 1,200.00 area in the new week. This is coming on the back of its past week losses. On the downside, support comes in at the 1,200.00 level where a break will turn attention to the 1,190.00 level. Further down, a cut through here will open the door for a move lower towards the 1,180.00 level. Below here if seen could trigger further downside pressure targ...Read More
Gold remains under pressure, trading near $1,200/oz. Wall Street falls sharply and US Dollar consolidates gains. Gold slide further and reached a fresh daily low at $1,202/oz the lowest level in four weeks. The yellow metal is falling for the seventh-day in-a-row. A week ago was testing the key resistance area seen around $1,235 and now appears to be headed for a test of $1,200, maki...Read More
EUR & Gold down, USD & Oil up – EURUSD dove to a 16-month low on broad Dollar strength; Oil prices up, breaking run of 10 down days. Disclaimer: Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of purchase or sale of any financial instrument. Read More
The Gold Shares ETF is struggling below a "death cross," but traders should buy weakness to my monthly and quarterly value levels of $111.60 and $110.26, respectively.The Commodities ETF suffered a correction of 13.7% since setting its 2018 high of $18.81 on Oct. 3.The Long Dollar ETF has been above a "golden cross" since May 31 and is approaching my risky level for November at $26.20.Here are the...Read More
Silver bulls often tussle over whether to buy silver bullion for the long term or to speculate in silver mining stocks for potential silver price outperformance.Here we cover some of the key differences between the two as well close with data comparing silver mining stock performance vs silver bullion since the middle 1980s to today.We will begin this content with a broad generalization.You buy a...Read More
Investing.com - Gold prices were little changed on Monday as the dollar traded near 16-month highs and traders awaited U.S. inflation data due later this week.Meanwhile, Federal Reserve Chairman Jerome Powell’s speech on Wednesday would also be closely watched as he discusses national and global economic issues.The Fed indicated earlier this month that it is still on course to hike interest...Read More
Submit Questions for Rick Rule as COMMENTS below this video! CALL US: 1-888-81-LIBERTY (1-888-815-4237) or email your ...Read More
Interview with Tim Moody, President & CEO of Pan Global Resources Inc. Our previous interview: ...Read More
As we look to 2020, copper is faced with a finely balanced market. For now, positive investor sentiment around copper’s fundamentals is supporting higher prices. Stronger demand growth is underpinned by new semis capacity, while mine supply growth will be reliant on additions from both projects and existing mines. Meanwhile, the recent approval of new copper scrap re-categorisation standards...Read More
Recording date: 14th July 2022 I really look forward to these banter sessions with Nick (go follow him on Twitter: @Grainjones).Read More
IMPORTANT NOTE: The information, opinions, and insights expressed by our guests do not necessarily reflect the views of ...Read More
Where it gets exciting is when you take a longer-term view...Continue...Read More
"The pace of recovery that was noted at the beginning of October continued throughout the fourth quarter," Widing said this week."Demand in our long-cycle mining business was strong and we saw a sequential uptick in our short-cycle business. Consequently, organic order intake - excluding major orders - for the group grew by 3% year-on-year."Despite lower revenues in the wake of COVID-19, we delive...Read More