Here are five Fastmarkets MB stories you might have missed from Friday August 30 that are worth another look.China's domestic spot battery-grade lithium carbonate prices temporarily held in the week to August 29 with buyers cautious of further decreases, while the lithium hydroxide market kept flat and no matter how low the offers, deals were rarely concluded due to continuing poor downstream dema...Read More
Precious metals scored impressive gains in August, with gold logging a fourth consecutive monthly rise, though silver steadily outpaced the price climb of its sister metal. Both have plenty of reasons to move even higher in the weeks to come, analysts said. "People are finally starting to believe that we are in a bull market in [precious] metals," said James Hatzigiannis, senior strategist at Long...Read More
Silver may be its own animal right now, but we have come a long way, and there's increasing risk for a potentially sizable reversal. David explains...by David Brady via Sprott Money NewsMost of us are focused on Gold in dollar terms, and Gold has rallied 34% in just one year. To put that in S&P terms using 2800 as the base, that would equate to a rally of almost 1,000 points in one year. In Dow t...Read More
Here are five Fastmarkets MB stories you might have missed from Friday August 30 that are worth another look.China's domestic spot battery-grade lithium carbonate prices temporarily held in the week to August 29 with buyers cautious of further decreases, while the lithium hydroxide market kept flat and no matter how low the offers, deals were rarely concluded due to continuing poor downstream dema...Read More
RAPAPORT... Pandora unveiled its new branding at an event in Los Angeles last week, with the launch ranking as the largest marketing investment in thecompany's history, it noted. Approximately 400 international guests attended the Danishjeweler's VIP Streets of Love event last week, including Australian modelShanina Shaik and Italian actress and singer Elisabetta Canalis. The pink d?(C)cor atthe p...Read More
RAPAPORT... Hong Kong luxury retail sales fell sharply in July, affected by continuedprotests in the city and an escalation in the US-China trade war. Revenue from jewelry, watches, clocks and other valuablegifts dropped 24% year on year to HKD 5.49 billion ($700.4 million) during the month, themunicipality's Census and Statistics Department reported last week. Sales across all retail categor...Read More
As usual, during the summer months in the northern hemisphere, in August, price developments in rounds were few and mixed. In the 0.30-0.39-carat category, stones in high colors and commercial clarities saw some prices drop of up to 3.5 percent, but the next two categories, up to half a carat, saw a few price rises, in the commercial color and clarity ranges. In the categories from half a carat up...Read More
"Impact of the Indonesian #nickel ore export ban on Chinese NPI production, courtesy @CnMetals https://t.co/SqwG4Cj1og's-nickel-ore,-NPI-shortage-in-2020/"Read full newsRead More
"Scottie Resources Announces Encouraging Surface Exploration Results from its Scottie Gold Mine and Summit Lake Properties in BC's Golden Triangle https://t.co/xSwuYIgHSy"Read full newsRead More
"Scottie Resources Announces Encouraging Surface Exploration Results from its Scottie Gold Mine and Summit Lake Properties in BC's Golden Triangle https://t.co/yhq38w3JEm"Read full newsRead More
Trade has played foul on Wall Street throughout August, sending the broad indices into a tailspin, thus compelling investors to flock to gold as a great store of value and hedge against market turmoil.Read full newsRead More
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"The #Trump administration today slapped tariffs on $110B in Chinese imports. #China imposed extra 5% and 10% tariffs on some American goods, including #US #crudeoil, the first time it has been targeted since the #tradewar started. What's next? https://t.co/8mP0n8Ea6p #oil"Read full newsRead More
"Enbridge Preferreds that are fixed-to-floating have declined in price by about 10% since YTD highs. The decline is caused by the decline in treasury rates and not any fundamental factor related to the company. Read more and get updates on $ENB! https://t.co/y7VHaNfESG #investing"Read full newsRead More
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"#Investors' meetings this week cover #insurance, #tech and #transportation. $LULU and $WORK are interesting #earningsreports this week. Want to be prepared for the week's key events? Tune into #Stocks to Watch. https://t.co/E74MgnHlA5 #hurricanedorian #trading #trade #slack"Read full newsRead More
"Precious Metals Weekly Round-up: The precious metals were steady on Friday, with gold and palladium going head-to-head as both metal's were trading above US$1,500 per ounce. Get the highlights of the past trading week at https://t.co/ekjP3vykkC #gold #silver #palladium #investing"Read full newsRead More
In 2019, the age-old aphorism, 'All that glitters' certainly holds true for gold. For the year-to-date, the world's most treasured safe-haven asset has appreciated from a steady level of $1300 per troy ounce in January to its current trading levels of over $1500. In percentage terms, this translates into a 15% appreciation, at a time where tremendous uncertainty has engulfed global equities market...Read More
In 2019, the age-old aphorism, 'All that glitters' certainly holds true for gold. For the year-to-date, the world's most treasured safe-haven asset has appreciated from a steady level of $1300 per troy ounce in January to its current trading levels of over $1500. In percentage terms, this translates into a 15% appreciation, at a time where tremendous uncertainty has engulfed global equities market...Read More
Treatment charges for zinc and lead (TCs) rose in August with the arbitrage to bring material into China switching markedly to a negative value.TCs for lead concentrates in particular rose sharply, to levels not seen in the past two years. The arbitrage loss to bring refined lead into China hit 1,100-2,300 yuan ($154-321) per tonne at the end of the month, with the futures price rising on the Lond...Read More