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 latest forecasts from Fastmarkets' team of analysts are ready to view.US hot-rolled coil (HRC) prices performed in line with our expectations in August, with US domestic HRC prices finding a floor in July as forecast before they rose in August. US HRC prices averaged $522 per tonne in August, which compares with our forecast price of $518 per tonne. Based on an improving demand outlook and ris...Read More
David SmithIn late December 2019, a bill from the German finance ministry - which had passed the lower legislative house - proposed lowering the "anonymous purchase limit" for precious metals from EUR10,000 to EUR2,000 (about $2,200), a reduction of 80%.At the current price, one could buy less than one and one-half troy ounces of gold without activating customer ID paperwork, and for businesses...Read More
Iron ore prices remained mostly stable on Tuesday January 12, supported by mills replenishing their stocks ahead of the Chinese New Year holiday in mid-February, sources told Fastmarkets. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $172.67 per tonne, up $0.54 per tonne62% Fe low-alumina fines, cfr Qingdao: $173.00 per tonne, up $0.75 per tonne58% Fe fines high-grade premium, cfr Q...Read More
shorts Who Are the Most Intimidating People Vivek Has Negotiated With?Read More
E3 Lithium (TSXV: ETMC; US-OTC: EEMMF) has started drilling a brine production well - which it says is Alberta's first - for evaluating lithium in its Clearwater project.The well, located east of the town of Olds, will provide the company with data such as brine chemistry, lithium concentrations and the reservoir characteristics of the project, which E3 plans to use to upgrade its resource estimat...Read More
I expect some more additional stimulus measures today. Federal Reserve will copy its counter parts of bank of Japan and bank of England on additional stimulus measures. European central bank meeting tomorrow will have least impact on gold and silver. It can impact Euro versus the US dollar and Euro versus the Yen. In the month of May more and more nations will allow factories and businesses to f...Read More
The nominal yield on the 10-year Treasury has fallen below 2 percent - just shy of 0 percent on an inflation-adjusted basis.Gold surged above $1,500 an ounce in USD for the first time since September 2013. Gold ETFs attracted $2.6 billion of net global inflows in July.One way to play the gold space right now is with Russian gold mining stocks.The price of copper slid as low as $2.53 per pound last...Read More
Chinese stainless steel sellers lowered their offer prices over the past week to reduce inventories against a bearish outlook for the market.Weakness in nickel prices on both the London Metal Exchange and Shanghai Futures Exchange led to growing pessimism.The three-month nickel contract on the LME ended the official trading session on Wednesday at $17,198 per tonne, down by $504 per tonne (2.8%) f...Read More
By: Ed SteerYESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMThe gold price drifted quietly lower almost from the open of trading in New York at 6:00 p.m. EDT on Thursday evening, with its low tick of the day coming at, or shortly after the 2:15 p.m. afternoon gold fix in Shanghai. It wandered higher without much conviction until the noon silver fix in London -- and then began to head higher...Read More
Tin flows into the London Metal Exchange late in May and June are beginning to put pressure on tin premiums basis the regions we follow, with the US ingot premiums narrowing downward on Tuesday June 4. An additional influx to LME Baltimore warehouses pressured US premium down. European premiums hold with futures prices closer to today's. Chinese premiums extend lengthy flatline trend....Read More
In the last one hundred years there havebeen some great silver rallies. Some have been greater than others though.The economic conditions underlying thedifferent silver rallies were not all the same. Obviously those that occurredduring conditions most conducive to silver rallies were the great performers.The coming silver rally could be thegreatest especially since it potentially has most conditio...Read More
"Crystal Lake Mining Provides an Extensive Exploration Update on the Newmont Lake Project - Golden Triangle, Eskay Camp, Outlining 2 Major Target Areas for High-Grade Gold, Silver and Copper Systemshttps://t.co/fid8ZZpABT"Read full newsRead More
Concerns over an oversupply of imported cobalt in China have continued to weigh on prices for the metal in the country's domestic market.Fastmarkets' assessment for cobalt 99.8% Co min, ex-works China dropped to 255,000-268,000 yuan ($38,906-40,890) per tonne on Wednesday November 18, down by 2,000-3,000 yuan per tonne (0.9%) from 258,000-270,000 yuan per tonne on November 13. The latest assessmen...Read More
The firmer tone of recent days has subsided this morning, Friday May 17, with some talk out of China that they are in no hurry to resume trade talks no doubt weighing on sentiment. That said, US economic data out on Thursday was generally robust with strong data on housing starts, the Philadelphia Fed manufacturing index and initial jobless claims, which somewhat countered the poor data from Wedne...Read More
Energy majors Royal Dutch Shell, Exxon Mobil and Chevron received landmark rebukes - in court or from investors - on Wednesday May 26 in attempts to force the companies into reducing carbon emissions.In a Dutch court, Shell was ordered to reduce carbon dioxide emissions by 45% from 2019 levels, and to do so by 2030 - doubling its current pace.Activist shareholders Engine No1 will hold two seats on...Read More
From George Santos to Fox News, Sam Bankman-Fried to Charlie Javice, Joe Biden to Donald Trump, we can't seem to stop lying ...Read More
"$FISI - Financial Institutions, Inc. (FISI) CEO Martin Birmingham on Q3 2019 Results - Earnings Call Transcript. Read more: https://t.co/7MgX8TAMO6 #trading #business #stocks"Read full newsRead More
It’s good to have a few stocks in your portfolio that remain recession ready, especially when the economic trajectory is unknown. Besides adding a safety net to your portfolio, these companies could continue to outperform the broader markets and consistently generate steady returns. We’ll discuss three recession-ready TSX stocks that could continue to generate healthy returns irre...Read More
4GLOBAL PLC (AIM:4GBL) CEO Eloy Mazon talked with Proactive's Stephen Gunnion about the company's expanded agreement ...Read More