A Perfect Storm is hitting the Gold market, with an internal factor (QE), an external factor (SGE), and a systemic factor (Basel). All three forces are positive in releasing Gold from the corrupt clutches of the Anglo-American banker organization. The West has an all-out blitz to ditch the USDollar and to adopt the Gold Standard in its early form, namely trade payment. In the last ten years sinc...Read More

By: IRA EPSTEINGOLD IS AT A KEY JUNCTURE:Read More

By: Stewart Thomson, Graceland Updates1. Please click here now. Double-click to enlarge this long-term gold chart. Fundamental and technical analysis are both strongly supporting gold's rally towards the key $1400 area.2. Having said that, COMEX price action mainly reflects action in the physical market and this is the weak season for gold.3. Investors need patience. New...Read More

James Hyerczyk19 hours ago (Mar 26, 2019 6:00 AM GMT)Gold futures finished higher last week, supported by a steep drop in Treasury yields, a weaker U.S. Dollar and a drop in demand for higher risk assets. A dovish Fed was primarily responsible for the strength in gold. It fueled a rally when it decided to leave interest rates unchanged, pause further rate hikes in 2019 and slash its growth forecas...Read More

Norsk Hydro's Alunorte alumina refinery, located in Brazil's northern state of Par??, is expected to operate at 75-80% of its capacity two months after the receipt of approval from the Brazilian federal court in Bel?(C)m, Norsk Hydro Brazil's executive vice president of bauxite and alumina said.According to John Thuestad, this approval, which will be debated at an April 4 meeting between Hydro and...Read More

A summary of base metals premiums from across the globe for the week to Tuesday March 26.Please click...Read More

Investing.com - Gold prices traded lower on Tuesday in Asia after hitting a one-month high the previous day.Gold futures traded on the Comex division of the New York Mercantile Exchange were down $5.05, or 0.4%, at $1,323.95 per ounce by 1:40 AM ET (05:40 GMT).The fall in gold prices came as stock markets and other risky assets recovered from a tumble on Monday.The precious metal received support...Read More

Nickel's three-month price on the London Metal Exchange was higher at the close of trading on Tuesday March 26, at $13,105 per tonne, with dip-buying emerging despite continued strength in the US dollar index. The US dollar index was just under the psychological level of 97. Total LME nickel stocks remain at their lowest level in seven years at 183,582 tonnes, with just 116,292 tonnes on-warr...Read More

Here are five Fastmarkets MB stories you might have missed on Tuesday March 26 that are worth another look.The London Metal Exchange has announced a six-month suspension of listing fees for new cobalt brands on the exchange in a note to members on Tuesday March 26 amid emerging liquidity concerns from producers. There are no concerns surrounding the availability of bauxite to meet ongoin...Read More

Nickel's three-month price on the London Metal Exchange was higher at the close of trading on Tuesday March 26, at $13,105 per tonne, with dip-buying emerging despite continued strength in the US dollar index. The US dollar index was just under the psychological level of 97. Total LME nickel stocks remain at their lowest level in seven years at 183,582 tonnes, with just 116,292 tonnes on-warr...Read More

The London Metal Exchange has announced a six-month suspension of listing fees for new cobalt brands on the exchange in a note to members on Tuesday March 26, amid emerging liquidity concerns from producers."[A] number of cobalt producers have indicated a desire to list their brand on the LME," the exchange said in the note, "but have expressed concerns that, in the event that the 'user choice' mo...Read More

The United States' copper market was modestly lower on Tuesday March 26 morning amid a lack of trading action and industry participants seeking fresh market catalysts. The copper price for May settlement on the Comex division of the New York Mercantile Exchange inched down 0.30 cents to $2.8535 per lb. Copper trading has been fairly quiet over the past several weeks, with modest global growth...Read More

Fastmarkets has extended the consultation period for a proposed change to the specification of its domestic Chinese indium price assessment until Tuesday April 23.On February 25, Fastmarkets proposed to increase the minimum tonnage of its domestic Chinese indium price assessment to 50 kilograms to better reflect the dynamics of the market.The goal of a minimum tonnage is to exclude any deal that,...Read More

Steelmakers in Turkey continued to stay out of the deep-sea scrap market on Tuesday, March 26, due to the volatile Turkish lira, sources told Fastmarkets.Having slumped to TRY100 to $17.41 on Monday - compared with TRY100 to $18.31 on March 18 - the lira regained some ground following an intervention by the Central Bank of the Republic of Turkey (TCMB). The currency had been de...Read More

Here are five Fastmarkets MB stories you might have missed on Tuesday March 26 that are worth another look.The London Metal Exchange has announced a six-month suspension of listing fees for new cobalt brands on the exchange in a note to members on Tuesday March 26 amid emerging liquidity concerns from producers. There are no concerns surrounding the availability of bauxite to meet ongoin...Read More

The US copper cathode premium has logged its first movement since July 2018, widening upward amid expectations of higher demand and shorter supply during the second quarter.Fastmarkets AMM assessed the US copper cathode premium at 7-7.75 cents per lb delivered to the Midwest on Tuesday March 26, up by 0.25 cents on the high end of the range from 7-7.5 cents per lb previously.While the first q...Read More

The government of Guinea is seeking to develop and integrate its mining sector in order to use the country's mineral resources to secure diversified domestic economic growth, according to the west African country's minister of mines and geology.Abdoulaye Magassouba told delegates to Fastmarkets' 25th annual bauxite and alumina conference in Miami, on Tuesday March 26, that a key driver for his gov...Read More

The federal court in Bel?(C)m, in the northern Brazilian state of Par??, has scheduled a conciliatory hearing between Norsk Hydro's alumina refinery Alunorte and the country's federal prosecutors' office (MPF) on April 4, regarding embargoes on the refinery's production and the use of its waste material deposit No2 (DRS2).Alunorte, the largest alumina producer in the world, has been running at onl...Read More

Chilean copper producer Codelco has decided to terminate an engineering and construction contract with Canada-based SNC-Lavalin and to take over a project at its Chuquicamata smelter to ensure compliance with new environmental regulations in the South American country, it said on Monday March 25.Codelco is the largest copper producer in the world, and Chuquicamata, in northern Chile, is the larges...Read More

Flooding of the Mississippi River and its tributaries in the last three weeks has delayed aluminium barge shipments from New Orleans to the US Midwest, according to Fastmarkets sources, and this could lead to increased spot trading in the second quarter of the year.So far, the delays have not impacted the US Midwest aluminium premium, which remained supported at 19.25-19.5 cents per lb a...Read More