LONDON, 25 February 2020 - Comment from BullionVault features in today's latest gold-price report from leading US investment news-site MarketWatch."Backing gold has paid handsomely so far in 2020," MarketWatch quotes Adrian Ash, director of research at BullionVault, "but if coronavirus really does start to suck oxygen out of the markets day after day, this is where it gets tough to sit tight in go...Read More

LONDON, 24 February 2020 - Data and comment from BullionVault today appears on the BBC's rolling financial news-page online, reporting how gold has now reached a fresh all-time record in terms of the British Pound."It's up 12.7% in 2020 and has climbed 51.4% since David Cameron called the Brexit referendum four years ago," says the BBC.Read BullionVault's full comment here:Gold reaches a fresh all...Read More

AEO's 50-day moving average has kept a lid on any rallies since NovemberAmerican Eagle Outfitters (NYSE:AEO) stock was looking to take a much needed climb today after a recent two-year low of $12.24 on Monday. Boosted by the demand for Aerie -- its sub-brand -- the retail company reported adjusted fourth-quarter profits of 37 cents per share, just over Wall Street's expected 36 cents per share. Ho...Read More

LONDON, 24 February 2020 - Leading UK personal finance site ThisIsMoney today quotes data and analysis from BullionVault as gold priced in the British Pound sets fresh all-time highs.With gold rising above ?1300 per ounce, "A pause in Covid-19 headlines might see gold take a breather," says Adrian Ash, BullionVault director of research, "but the metal has already risen in 10 of the last 12 weeks,...Read More

Broadcom, Adobe, Gap, and Ulta will step into the earnings confessionalThe earnings calendar is starting to thin out, but next week still has a lot for investors to look forward to. There's the latest inflation data to unpack, as well as the University of Michigan consumer sentiment index at the end of the week. Of the companies that do report earnings, Apple supplier Broadcom (AVGO), Adobe Sys...Read More

LONDON, 21 February 2020 - BullionVault is named today as a simple way to invest in gold by Telegraph.co.uk, the website of broadsheet newspaper The Daily Telegraph.Alongside ETFs, coins, mining stocks and managed investment funds, "Gold bullion can be bought in small quantities and placed in a secure vault on your behalf, such as [by] BullionVault."Telegraph subscribers can read the full article...Read More

During turbulent times like these, markets can be melting downone day… and zooming higher the next. Gold may serve as a fantastic safe-havenasset one day… but get hammered by futures traders the next.The news cycle can be just as volatile. One report may show thecoronavirus is receding in China, while another may raise alarms about itsspread in other parts of the world.One poll may s...Read More

Challenges to the Section 232 tariffs on steel and aluminium derivatives are proliferating at the Court of International Trade (CIT) since Chief Judge Timothy Stanceu granted temporary preliminary injunctions in two separate cases last month. By Tuesday March 3, nine complaints had been filed with the court against the new 232 tariffs on derivative products announced January 24.The chall...Read More

By: Ira EpsteinGold is fighting a battle. Momentum is slightly up, but needs to get above $1,654.30 swing line..Read More

Near zero bond yields globally will ensure that sharp corrections in gold will be used to invest for the short term as long as term. Guarded optimism in silver at the moment. One needs to remain on the sidelines till Monday. Clear picture of the spread of corona virus in USA and India will be known by end of next week. USA and India are two big consumers of goods and services. A big global slowd...Read More

LONDON, 19 February 2020 - Comment and analysis from BullionVault today leads a full-page report on investing in gold from City AM, the daily newspaper for London's financial districts."Because gold pays no interest, but also can't go bust or be created at will, bullion prices are very sensitive to changes in bond yields, most especially after you account for inflation," explains BullionVault dire...Read More

LONDON, 31 January 2020 - Comment from BullionVault today leads the latest gold-price report from leading US investment news-site MarketWatch.With gold today closing New York trade at its highest weekly finish since March 2013, the metal has now entirely recovered "that spring's ugly crash," notes Adrian Ash, director of research at the London-based precious metals platform.Read the full story at...Read More

Virgin Galactic's CEO will take a 20% pay cut, while the executive team's wages will be reduced by 15%Buzzy space-exploration stock Virgin Galactic Holdings Inc (NYSE:SPCE) is getting hit today after MarketWatch reported that its CEO Shai Weiss will take a 20% pay cut. Meanwhile, the rest of the executive team's wages will be reduced by 15%, in order to field some of the $113 billion in losses the...Read More

Dow futures are signalling a roughly 600 point drop this morning It appears as if yesterday's Super Tuesday surge will be short-lived, with stock futures signaling significant drops this morning. Dow Jones Industrial Average (DJI) futures are eyeing a roughly 600 point tumble, paring a chunk of yesterday's massive quadruple-digit gains, whilethe S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) a...Read More

LONDON, 27 January 2020 - Exclusive analysis from BullionVault is published today at Investment Week, the online news magazine for UK finance professionals."Sterling investors will be grateful that, over the past ten years, shares and bonds outperformed the misery of 2000 to 2010," writes BullionVault director of research Adrian Ash."But investors have struggled to make standout gains as economic...Read More

Deep-pocketed speculators miss the big turns -- but you don't have to Hedge fund managers are considered to be among the smartest people on Wall Street.Ironically, as a group, they're notorious for consistently being on the wrong side of major turns in the markets they trade. By contrast, a group of insiders called Commercials are generally on the right side of major market turns. With that in min...Read More

A summary of the financial performance of Brazilian steel and iron-ore producer Companhia Sider??rgica Nacional (CSN) in the fourth-quarter and full-year 2019, as reported on Wednesday March 4.In brief CSN's slab output was significantly lower throughout 2019 while its blast furnace (BF) No3 was idled for revamp work over more than three months until late October. Steel sales volumes were down in...Read More

Demand for flat steel products in Turkey improved in February because end-user stock levels were low, market participants told Fastmarkets on Wednesday March 4.Sources added that local producers have now filled their order books until late April.Local demand was moderate in Turkey in February because buyers placed orders only to replenish their stocks. The market was now uncertain about the direct...Read More

Here are five Fastmarkets stories you might have missed on Thursday March 5 that are worth another look.Ukrainian steelmaker Metinvest will increase its hot-rolled coil output once it finishes testing a new rolling line at its Ilyich Iron & Steel Works at Mariupol, chief executive officer Yuriy Ryzhenkov told Fastmarkets this week.China Zhongwang holdings - the largest aluminium extrusion company...Read More

Craig Hemke, TF MetalsThough we just wrote about this last week, Tuesday's "emergency" fed funds rate cut demands that we write this update. Why? Because the bond market action in the hours since foreshadows even more cuts later this month, and this will have direct implications for gold, silver, and the U.S. dollar.So let's begin with last week's link. If you missed it, that's OK. Here's your c...Read More