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

Brazilian import volumes of flat and long steel displayed opposite tendencies in August, according to figures from the country's economy ministry published last week.Import volumes of flat steel declined year on year by 11.29% to 95,116 tonnes in the month, from 107,216 tonnes, mostly because of lower volumes imported from China.Imports of flat steel from China fell to 41,950 tonnes in August 2019...Read More

By Robert LambourneWednesday, September 18, 2019The July and August statements of account for the Bank for International Settlements indicate that the bank has continued to engage in gold swaps this summer. The BIS uses swaps and other gold derivatives to gain access to gold held by commercial banks.But recent swap levels at the BIS remain much lower than in the second half of last year.There is...Read More

By: Ira EpsteinGold forming into a bearish trend, lower highs and lower lows...Read More

By: Ira EpsteinGold - which will the market decide to go. For now, I will say the bears have control..Read More

By: Avi GilburtI am simply amazed at how much email I have been getting asking my opinion regarding the latest "manipulation" cases. And, many of those are asking me if I am finally convinced that the metals market was manipulated to drop from 2011 to 2015.Well, let's try to walk through the issues together. Let's start this article by identifying that about which we are speaking. You see,...Read More

Stefan Gleason, Money Metals ExchangeMonday's spike in crude oil prices could be a game changer - for geopolitics, for the economy, and for investors.Normally it would be foolhardy to draw big, sweeping conclusions from a single day's trading activity.But in this case, it's not just the fact that oil prices surged 13% to over $62/barrel. Or even the fact that more than 5% of the world's oil prod...Read More

India has given the go-ahead to the state-owned Steel Authority of India (SAIL), to sell up to 7 million tonnes of iron ore annually , to maintain security of raw material supplies ahead of the expiration of 31 mining leases in the country next year. "The Ministry of Mines has allowed SAIL to offload in a year up to a quantity equivalent to [a] maximum [of] 25% of [the] total iron ore production i...Read More

The pellet segment of the seaborne iron ore market is starting to show signs of moving from annual contracts to shorter-term ones.The recent drop in iron ore prices amid improvements in Brazilian and Australian supply and a weak global steel market have led to buyers renegotiating the premium they had agreed with Brazil's Vale under annual contracts for pellet shipments to be made in the last thre...Read More

Market sources expected that domestic prices for hot-rolled coil (HRC) in Europe will continue to decline due to persisting poor demand and mounting pressure from reductions in import offer prices, sources told Fastmarkets on Wednesday September 18.Suppliers from Turkey and India have been active in the European market to compensate for the lack of buyer activity in their other traditional markets...Read More

The three-month nickel price on the London Metal Exchange was higher at the close of trading on Wednesday September 18, with the price breaching the nearby resistance value amid low trading volumes, while the rest of the base-metals complex continued to consolidate.Nickel futures closed at $17,200 per tonne in the afternoon, climbing by more than 1% from an intraday low of $16,970 per tonne, while...Read More

The price of wire rod delivered in the Southern European market went down this week amid slow trading, Fastmarkets heard on Wednesday September 18.Fastmarkets' assessment of the price of steel wire rod (mesh-quality), domestic, delivered Southern Europe, was ?,?470-490 ($519-541) per tonne on Wednesday, down by ?,?10 per tonne from the week...Read More

The price of rebar exported from Southern European ports decreased this week because of weak demand and competition with Turkish material, sources told Fastmarkets on Wednesday September 18.Global demand for rebar was down, sources said, on macroeconomic concerns driven by factors such as the UK's intended departure from the EU ("Brexit") and the global trade war.But countries in the region were s...Read More

Here are five Fastmarkets MB stories you might have missed on Wednesday September 18 that are worth another look.The global nickel supply deficit will shrink in 2020 despite the implementation of the latest Indonesian ore export ban, according to Denis Sharypin, head of commodity market research for Russian multi-metal miner Nornickel.The London Metal Exchange will give members incentives to trade...Read More

The three-month nickel price on the London Metal Exchange was higher at the close of trading on Wednesday September 18, with the price breaching the nearby resistance value amid low trading volumes, while the rest of the base-metals complex continued to consolidate.Nickel futures closed at $17,200 per tonne in the afternoon, climbing by more than 1% from an intraday low of $16,970 per tonne, while...Read More

Article presents returns data for the 50 best performing gold and silver mining stocks year to date.Trends and themes in precious metals analyzed along with current market drivers.Bullish trends in precious metals are expected to continue, and we think investors should buy any dip.It's been an exciting last couple of months for gold and silver investors as precious metal prices have surged off the...Read More

Precious metals are one area where there is still tremendous value, and we are still in the very early stages of a bull market...Palisade Radio with Tavi CostaTavi sees the current business cycle as being almost over and is awaiting an overall downturn in equities. Yield curves are inverting in most countries, and in Canada, 90 percent are now inverted. Copper has started to fall apart, and we are...Read More

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday September 18.Please click...Read More

The London Metal Exchange will give members incentives to trade cash-settled futures contracts as well as those for precious and ferrous metals. With the aim of encouraging burgeoning futures markets for the likes of cobalt, alumina and steel scrap, the exchange has devoted a pot of $2 million to subsidize category I and II members trading the contracts that were launched over the last five years,...Read More

People have worried about federal deficits for decades, but recent catalysts are making the problem more acute.Domestic institutions are being fed excess government debt, and it's becoming an increasingly acute liquidity problem.Two potential outcomes analyzed.I've written a couple articles this year here on Seeking Alpha about why, in addition to investing in a variety of normal equities, I b...Read More

Gold futures on Tuesday marked a second gain in a row, extending a climb to the highest price in about a week. Traders continued to monitor developments tied to the attacks on Saudi Arabian oil-infrastructure as they shifted focus to the Federal Reserve decision Wednesday on interest rates. Gold and silver prices initially saw "some corrective pressure following Monday's gains," said Jim Wyckoff,...Read More