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
Fastmarkets proposes to change the calculation basis for the China cobalt sulfate, Co 20.5% min, ex-works adjustment to the standard-grade cobalt low-end price to 100% Co basis from the current Co 20.5% basis. As part of the consultation, Fastmarkets also proposes to change the name of this assessment to China cobalt sulfate, Co 20.5% min, ex-works, adjustment to standard-grade cobalt low-end pric...Read More
The FTSE 100 has started higher, following a rebound on Wall Street overnight, which was led by battered down tech stocks.Read More
Three-month base metals prices on the London Metal Exchange were for the most part still consolidating the gains seen at the end of last week, following weakness on Monday January 28, an up day on Tuesday, and now awaiting further direction.Three-month LME prices were up by an average of 0.2% on Wednesday morning, with the majority up between 0.1% and 0.3%, but with nickel up by 0.9% and aluminium...Read More
If the boredom has well and truly set in after weeks of travel restrictions and social distancing, you could always join metal traders in a game of lockdown lottery.Read full newsRead More
#Kingck #New #Intro #CkfamilyRead More
Robert Kiyosaki updates us on this Tweet posted earlier this summer, and his formula for wealth: "Bitcoin crashing. Great news. When the price hits $27,000 I may start buying again. A lot will depend upon the global-macro environment. Remember the problem is not gold, silver or Bitcoin. The problem is the incompetence in government, Fed & Wall Street. Remember gold was $300 in 2000." Robert Kiyosa...Read More
Credit Suisse cut the equities to "underperform" and slashed their price targetsCredit Suisse weighed in on the retail sector today, downgrading a trio of stocks to "underperform" from "neutral" amid expectations for a sluggish holiday season. Specifically, the analyst firm cut its ratings on Gap Inc (NYSE:GPS), Victoria's Secret parent L Brands Inc (NYSE:LB), and department store concern Macy's I...Read More
Daniela Cambone speaks with Mark Yaxley, Managing Director for bullion dealer and secure storage provider, Strategic Wealth Preservation about the disconnect between gold and silver prices and premiums on these products. Yaxley also shares his thoughts on the gold market and whether we can expect another August rally for the metal.Read More
A ROTH Capital Partners report highlighted the key points from management's recent presentation to investors. Analyst Jake Sekelsky reported in a Jan. 17 research note the takeaways from Kirkland Lake Gold Inc.'s (KL:TSX; KL:NYSE) Investor Day, held the same day.First, Sekelsky relayed, the company has a potential stock catalyst coming in the announcement of its updated reserves and resources tow...Read More
An overview of the battery raw materials markets and their latest price moves.Read More
Waiver & Disclaimer If you register for this webinar/interview you agree to the following; This interview is provided for information ...Read More
Talking Points From This Episode- Physical silver and ETF demand- Energy as the principal market driver.- Cost of mining and the gold/silver ratio.- Bond markets and inflation.- Global supply change risks.Time Stamp References:0:00?EUR< - Intro0:39?EUR< - Silver Demand Strength3:06?EUR< - Overall Metal Demand4:22?EUR< - Major ETF Flows6:58?EUR< - SLV Withdrawals8:14?EUR< - Silver Endgame9:44?EUR<-...Read More
BETHLEHEM, Pa., Nov 5 (Reuters) - Dozens of state and local governments are scrambling to explain how they plan to distribute billions of dollars in home rental aid funds in coming months as the U.S. Treasury pursues plans to reallocate unspent funds from lagging communities.U.S. Deputy Treasury Secretary Wally Adeyemo told Reuters that every underperforming jurisdiction has contacted the departme...Read More
Shanghai copper premiums dropped further in the week to Tuesday April 27 to their lowest since September 2020, while premiums widened upward in both Southeast Asia and the United States. Chinese smelters are starting to export copper cathodes because the LME price is outperforming that of the SHFE. Copper price rally sees best grade scrap "sold above its intrinsic value" to China, while spot...Read More
Inflation could see gold price increaseRead full newsRead More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Aluminium: Poised for a technical breakoutFears over a second wave of Covid-19 continue to grow, forcing prices of aluminium and the other base metals to take a pause. Our base-case scenario is that countries will respond more efficiently to contain the virus spread, so economic activity and metal demand should continue to r...Read More
Gold is now a major bullmarket as evidenced by its strong breakout from a giant 6-year long base pattern in August. The larger trend is up. We had thought that it might react back closer to the breakout point before turning higher again, but it didn't, and started higher again in recent days over the Christmas period. This is a sign of greater strength.There is a broad array of fundamental reaso...Read More
The prices paid for steel rebar and billet in the United Arab Emirates were mostly stable this week but demand is still moderate, market sources said on Tuesday June 30.Some steel rebar import deals were heard from Oman during the week, with the price for rebar imports rising in the country, sources said.Domestic rebarLocal mills in the UAE were offering rebar at 1,770-1,774 dirhams ($482-483) per...Read More
Zinc was the main exception to an otherwise falling London Metal Exchange complex on September 7, which was a day of very quiet trading conditions - just over 10,000 lots of copper were traded by 5pm. The three-month price of zinc was at $3,044 per tonne on Tuesday at the close, a 1.2% increase from Monday's price at the same time of $3,007.50 per tonne.It set an intraday high of $3,059 per tonne...Read More
The company said last week it deeply regretted to report "that an incident involving local police and unauthorised artisanal miners within the Rosebel concession has resulted in the death of an unauthorised miner".It said its emergency response team was activated, appropriate authorities had been notified and an investigation into the incident had begun."To ensure the security of our workforce, we...Read More