By: Ira EpsteinGold daily chart, had an outside day. Market is caught in the two Bollinger bands. Market is churning here and eventually will breakout of here..Read More

- Stefan GleasonFollowing months of cajoling by the White House, the Federal Reserve finally cut its benchmark interest rate. However, the reaction in equity and currency markets was not the one President Donald Trump wanted - or many traders anticipated.The Trump administration wants the Fed to help drive the fiat U.S. dollar lower versus foreign currencies, especially those of major exportin...Read More

- Gary TanashianContrary to majority opinion, gold and especially the gold mining stocks that leverage its macro status are not about inflation, especially cyclical inflation that runs with a positive economy.Making an appropriate return after a few months on hiatus, ladies and gentlemen... the Macrocosm.Gold stocks are about counter-cyclicality as gold rises vs. US stocks...Gold rises vs. Glo...Read More

China imported 52.6 million tonnes of bauxite in the first six months of 2019, up by 30.2% year on year, according to official but unconfirmed data seen by Fastmarkets. This compares with the 40.4 million tonnes imported in January-June 2018. The increase was largely attributed to supply tightness in the Chinese domestic market, resulting from supply-side disruptions amid frequent environmental in...Read More

Gold Options Doubled Today (August 1) in Hours... If you followed the gold recommendation I made here yesterday you could have doubled your money. Many of my subscribers did. Here's how:Read More

There was massive short covering in yesterday's gold rise. Yen crashed against the US dollar while gold rose. This is safe haven demand is nothing else. Trump said that he will impose additional ten percent tariff on the remaining $300 billion Chinese imports from September 1. There is recession fears and more global trade war fears. Gold is bound to rise more. Chinese retaliatory action will be...Read More

Gold futures settled with loss on Thursday after a Federal Reserve rate cut failed to stem strength in the U.S. dollar Prices for the metal, however, climbed in electronic trading Thursday afternoon, as U.S. President Donald Trump's latest threat of additional tariffs on Chinese goods lifted demand for the haven metal. In a tweet, Trump said that "trade talks are continuing, and during talks the U...Read More

An overview of the minor metals markets and the reasons for any price moves.Read More

An overview of the battery raw materials markets and their latest price moves.Read More

Gold futures finished lower Wednesday, then extended their decline in to the electronic trading session after the Federal Reserve reduced its key interest rate by a quarter point, as expected. The yellow metal sold off shortly after the Fed news, but Jeff Wright, executive vice president of GoldMining Inc., said he does not expect prices to dip below $1,400 as "the FOMC cuts 25 basis points and al...Read More

Price movements in the global ferrous scrap markets were mixed in the past week. Poor demand in India and Turkey caused prices to fall or remain stable, but Asian scrap buyers have accepted increased prices because of higher settlements in the domestic market of the principal supplier, the United States. Weak downstream markets keep Turkish mills away from spot market Higher freight cost pushes do...Read More

Soaring iron ore prices have pushed Chinese hot metal costs up above those for ferrous scrap over recent months, stimulating greater use of the secondary raw material, according to calculations by Fastmarkets' research team. Fastmarkets' Steel Cost Service updates for the first and second quarters of 2019 detail average global integrated (BOF-route) plant's crude steel costs rose to an average of...Read More

UK and European alloy steel scrap prices have increased over the past week due to higher nickel costs, sources told Fastmarkets on Friday August 2.The price of nickel, 3 months, London Metal Exchange Daily Official, was $14,520-14,525 per tonne on August 2, up from $14,100-14,125 per tonne on July 26.As a result,...Read More

The Friday Market Minute Global stocks tumble as President Trump re-escalates the U.S.-China trade dispute with threat to apply tariffs on $300 billion worth of China-made goods.Officials in Beijing vow to retaliate with "counter measures" on Trump's tariff threat, but appear to hold the yuan under the 7 threshold against the U.S. dollar over the Friday session.Trump will also make a statement o...Read More

Sentiment in financial markets has weakened further after US president Donald Trump announced the United States will impose a 10% tariff on $300 billion of Chinese goods from September 1.This sent equities scurrying for cover with the Nikkei, Hang Seng and CSI 300 off by an average of 2.2% on the morning of Friday August 2, while gold prices approached recent highs again overnight as investors sou...Read More

I've lived in Baltimore my entire life. More than four decades I've spent living in both Baltimore City and Baltimore County. I've got Old Bay and Natty Boh in my bones, hon.Today, I live in the dead center of Baltimore. In fact, I only know of one other residential place that's closer to the exact center of Charm City.Most people who work in Baltimore City live out in Baltimore County or in one o...Read More

Cobalt trade log including business, bids and offers reported to Fastmarkets. Unless otherwise stated, all prices are per lb on an in-warehouse (in-whs) basis. Delivered prices are netted back. Fastmarkets prices - Click here for Fastmarkets' price assessment for standard-grade cobalt, in-whs Rotterdam, $/lb - Click here for Fastmarkets' price assessment for alloy-grade cobalt, in-whs Rotterdam, $...Read More

An overview of the battery raw materials markets and their latest price moves.Read More

China's lithium market continued to move down on ample availability of material and depressed demand, leading the battery-grade lithium hydroxide spot price to sharply fall over the week to August 1.Seaborne Asian lithium spot prices followed the domestic price in China with small price adjustments, while the battery-grade lithium hydroxide price in Europe and the United States dropped. The Chines...Read More

Turkish prices for hot-dipped galvanized coil (HDG) and color-coated coil decreased over the week ended Friday August 2, with demand reported to be weak in both the local and export markets.Coated coil producers started to give discounts because of the slow market activity.Domestic pricesDemand in the country's local market was soft over the pricing week due to the summer holiday season.One produc...Read More