Iron ore prices fell sharply in the second half of November after climbing through October, with prices for higher-grade material pioneering the decline.Fastmarkets MB daily benchmark for 65% Fe fines dropped by 22% by Monday November 26 after peaking on October 29. The 62% Fe iron ore index declined by 16% over the period, as some Chinese steelmakers started to seek larger volumes of cheaper ores...Read More
1. Learn Before InvestingIf you want to start a silver bullion investment then learn everything you can about this subject. The Internet can be a fantastic resource for this purpose, and you can never know too much before you start investing. The more you know the more successful you will be.2. Evaluate All Of Your OptionsLook at all the options you have with your silver bullion investment. This c...Read More
An honest gold and silver investment comparison will look at both the advantages and disadvantages of each metal. Gold bullion is one of the most popular precious metals, with silver being considered the poor cousin until recently. It is true that a silver bullion investment will be much less valuable than an identical weight of gold, but one the other hand silver investing will also cost a lot le...Read More
The steel scrap sector in the United States still depends on exports to Turkey, a member of the Fastmarkets research team said during the ferrous session at the Bureau of International Recycling (BIR) conference in London.This dependence persists despite the changes in the international markets created by the US' imposition of its Section 232 tariffs on imports of steel products, metals analyst Le...Read More
Silver investing is on the rise by investors around the globe, although this precious metal always seems to be in the shadow of gold investment options. While both gold and silver have done extremely well on the market in the last few years, gold bullion has not increased at the rapid percentage that silver has. You can find silver bullion for sale at very affordable prices, while this may not be...Read More
Knowing important facts about precious metals investment you are about to make is a key to success. Read on to find out more.1. Know What You Are Paying For Before You BuyIf you are interested in a silver bullion investment, the first thing you should do before making a purchase is to know what you are buying. This is true whether you want gold coins or silver bullion bars, and this step will prev...Read More
Silver similar to other precious metals has experienced an incredible jump in price triggered by economic meltdown of global proportions. Many investors have chosen to exit highly volatile money market funds and decided to acquire physical precious metals. If you are looking for silver bullion for sale, you have a number of different options available. Silver and gold bullion are widely sold onlin...Read More
If you want to buy silver bullion online, the first thing you need to know is what your choices are. These choices will help you determine the best form of silver for your specific investment goals and strategies. Silver investment can take many forms including coins, bars, nuggets, ingots, and others, and each will have specific markups and fees associated with them. When you choose to buy silver...Read More
An important consideration if you want to invest in precious metals is the choice between silver and gold bullion. These are two of the most popular metals chosen, but they are not your only possible choices because you can also choose a palladium bullion investment or other precious metal instead. You can also choose a gold and silver investment, buying both of these metals in varying amounts. If...Read More
As an investment silver bullion coins have both pros and cons, and understanding both of these aspects will help you determine whether this precious metal is the right investment choice in your specific circumstances. There are many physical precious metals investment options, including gold bullion, platinum and palladium coins, bars and even ingots. All of these can be excellent investments, and...Read More
The gold investing craze has been sweeping over the nation over the last few years. While gold is considered one of the top choices to invest in, some investment analysts actually prefer silver metal for various reasons. They think that silver is currently undervalued and has not yet reached its potential presenting a great window of opportunity for many investors in these metals.Please browse bel...Read More
(For a live blog on European stocks, type LIVE/ in an Eikon news window)* FTSE 100 up 0.8 pct; Midcaps up 0.6 pct* Intu sinks after consortium abandons bid, sends shivers through property sector* Investors mourn UK funeral sector probe; Dignity sinksBy Josephine MasonLONDON, Nov 29 (Reuters) - UK shares jumped almost 1 percent on Thursday as Wall Street's rally spread across Europe after the Fed...Read More
* NSE index up 0.9 pct, BSE index up 1 pct* Hindalco Industries top gainer* Yes Bank hits over 2-1/2-yr low on debt downgradeBy Krishna V KurupNov 29 (Reuters) - Indian shares rose 1 percent on Thursday, tracking broader Asian markets that rallied after the U.S. Federal Reserve chairman's comments were interpreted as a dovish shift, and ahead of the expiry of futures and options contracts late...Read More
Sentiment improves after positive start to holiday season. Morepeople shopped than expected on Thanksgiving weekend, but average spend fell 7%to $313 per consumer, reports NRF. Online sales +20% in November, with record$7.9B generated on Cyber Monday, according to Adobe Analytics. Polished marketstable, with continued caution about small stones. Luxury jewelers concerned asChinese tourists spend l...Read More
Anglo American Plc, the company that grew to be South Africa's biggest during apartheid, says it's ready to invest in the country again.After years of legislative uncertainty, relations had soured to the point where Anglo's chief executive officer wasn't on speaking terms with the former mining minister after he made a critical speech. In October, Anglo pledged to spend $6 billion on its assets in...Read More
Dealer market back to normal after Diwali break,and manufacturers expected to start raising production. Foreign buyers inMumbai looking for polished, but difficult to find the right goods. Localdealers gaining confidence as rupee-dollar exchange rate has stabilized ataround $1/INR 70.6. I1 clarities moving well across most color categories.Jewelry market stable during wedding season.Round-1 point:Read More
RAPAPORT... Signet Jewelers will have to answer allegations of security fraud after a US district-court judge rejected the company's appeal against a pending lawsuit.The owner of Kay Jewelers and Zales had asked the court to dismiss a claim by the Public Employees Retirement System of Mississippi (PERS) that it misled investors regarding allegations of sexual-discrimination against Sign...Read More
World's top diamond producer by output Alrosa (MCX:ALRS) made $90 million in six auctions held in Israel this year.The auctions were for large rough diamonds, with the latest one focusing on special size gems larger than 10.8 carats - and it fetched $17 million. 100 companies from Israel, Belgium, Hong Kong, India, UAE, the US, and Russia were invited to participate, and 44 took home the coveted s...Read More
RAPAPORT... Lightbox, De Beers' lab-grown-diamond brand, has opened apop-up store in New York for "Cyber Week," an extension of Cyber Monday. The 20-square-foot shop at the Oculus, the World TradeCenter's transportation hub, plaza and shopping mall, gives consumers an opportunity to experience the jewelry personally, thecompany said Tuesday. It has previously only been available online. The p...Read More
RAPAPORT... Tiffany & Co's shares dropped 12% Wednesday after diminished spending by Chinese tourists led to weaker-than-expected sales. Comparable-store sales - at branches open for at least a year - grew 3% in the third fiscal quarter ending October 31, but analysts had predicted a rise of 5.3%, according to Reuters. While total revenue climbed 5% to $1 billion, profit fell 5% to $95 m...Read More