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
"#THR with an enhanced mineral resource at #Molyhill, which now has an inferred mineral resource of 4.7 million tonnes at 0.28% WO?,? (Tungsten trioxide), 0.14% Mo (Molybdenum), 0.05% Cu (Copper), and 18.0% Fe (Iron) (above a cut-off grade of 0.12% WO3https://t.co/BacV9j58Oq"Read full newsRead More
After market feedback, Fastmarkets MB is extending the consultation period for the proposed amendment to its cobalt hydroxide payable indicator and index. The two prices that would be affected by the amendment are: MB-CO-0021: Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low end) MB-CO-0020: Cobalt hydroxide index...Read More
Blister copper refining charges (RCs) in China rose in March to their highest level since January 2019, with spot buying interest in the country decreasing.Fastmarkets' assessment of the copper blister 98-99% RC, spot, cif China, was $170-185 per tonne on Tuesday March 31, compared with $160-170 per tonne at the start of the month.A deal was reported by a...Read More
• Bulls continue to struggle above $1240 level despite risk-off mood. • A modest pickup in the USD demand prompts some fresh selling. • Traders eye US macro data for some impetus ahead of Powell’s speech. Gold reversed an early uptick to $1241 area and has now drifted into negative territory for the second consecutive sess...Read More
TRADE IDEAS & DISCORD: https://www.patreon.com/figuringoutmoney GREAT BROKERAGE ACCOUNT: http://bit.ly/3mIUUfC ...Read More
JOIN Real Vision for FREE https://rvtv.io/3Y4t5Pw About Real Vision(TM): We arm you with the knowledge, the tools, and the ...Read More
China's ferrous futures dropped in morning trading on Tuesday December 25. Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,368 yuan ($488) per tonne, down 51 yuan per tonne May hot rolled coil: 3,354 yuan per tonne, down 38 yuan per tonne Dalian Commodity Exchange May iron ore: 483 yuan...Read More
Scrap prices in the global markets have been firm during the working week from Monday November 11 to Friday November 15 thanks to demand from mills in Turkey and Southeast Asia and to seasonal factors that raised costs. Turkish mills continue to book scrap for December, but concerns persist over weak long steel demand US suppliers seek higher prices for exports Chinese demand for downstream billet...Read More
Halloween party that T-Squad Turned all the WAY UP!Read More
There is no issue with chasing your dreams. Doing what you love inspires you to work towards your goal. Being forced to study ...Read More
With Russia and China racing to develop missiles that can evade U.S. defenses, President Trump announced ambitious plans to ...Read More
China will set standards for the quality of steel rebar used for reinforcing concrete in the construction sector by 2022, according to a notice released by the Ministry of Industry & Information Technology (MIIT) on Saturday November 7.The standards for the product, which it describes as hot-rolled ribbed steel bar in Chinese, will be drawn up by China Metallurgical Information & Standardization I...Read More
Red Lake in Ontario has produced nearly 30 million ounces of gold over the past 85 yearsRead full newsRead More
The deflation and depression is right here, right now, and if you don't believe that, try asking some of the 30 million people who just lost their jobs in the US or those who (used to) work in the catering and tourism industries.The Fed is reacting to this situation by working to create hyperinflation because it finds it preferable to a deflationary implosion. There are two reasons for this - on...Read More
LONDON, 14 April 2024 - Data and analysis from BullionVault today features in a report about Westerns households taking profit on gold at these new all-time highs from global financial news service Bloomberg."In recent weeks," says Bloomberg, "BullionVault's trading platform has seen more than twice as much selling as the year before." That's because, despite rising geopolitical violence and tensi...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on the current state of the market, as well as some stocks he has kept his eyes on.When you are in the business of writing a weekly newsletter covering a specific range of companies within a market environment that has been/continues to be largely out of favor, it becomes quite a chore to find new things to discuss. I cover gold, silver, c...Read More
Since April 2023, as many as 150000 people have been killed in the Sudan's ongoing civil war, and some 10 million have been ...Read More
Brazilian steelmakers are concerned that the domestic industry will struggle if President-elect Jair Bolsonaro reduces or does away with import tariffs when he takes office in January 2019, sources told Fastmarkets MB last week.Other market participants, however, do not believe any changes will be done abruptly or without corporate tax reforms. The new federal administration's future minister of e...Read More
No matter what shape the recovery is, the epidemic will likely have lasting, positive effects on the gold market.During the most acute phase of the pandemic and the following economic crisis, there was no time to analyze various WGC’s reports on the gold market. Let’s make up for it!I’ll start with the report “Recovery paths and impact on performance” about the gold m...Read More
Broad markets were stronger this morning, Tuesday May 26, with many Asian-Pacific equity indices up by around 2%, while pre-market major western equities were up by around 1% but metals prices were mixed.Hopes that the reopening of economies will lead to an economic recovery are boosting equities but the United States-China trade dispute is worsening, which is not going to help the global economy...Read More