* Strong support for copper at $6,150-$6,160 * Premium for zinc cash over 3-month at 21-year high (Updates with closing prices)By Pratima DesaiLONDON, Nov 21 (Reuters) - Copper prices rose on Wednesdayas a lower dollar and higher equities triggered fund buying, butworries about the U.S.-China trade dispute and about demandgrowth in top consumer China are expected to cap gains.Benchmark copper on t...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata")is pleased to announce it will be attending and presenting at the LD Micro Annual Main Event, occurring December 4-6, 2018, in Bel-Air, California.In addition, the Company will be conducting one-on-one meetings on the Tuesday and Wednesday, December 4 and 5.Marc Seelenfreund, CEO and Chairman of Siyat...Read More
Reuters/Henry RomeroLocal miner Cesar Abac uses a wooden bowl and mercury to pan for gold near at the village of Las Cristinas, southern Bolivar State, Venezuela.VenezuelansRead full newsRead More
Reuters/Henry RomeroLocal miner Cesar Abac uses a wooden bowl and mercury to pan for gold near at the village of Las Cristinas, southern Bolivar State, Venezuela.VenezuelansRead full newsRead More
* Euro rises before European Commission responds to Italybudget * Italy Deputy PM open to reviewing fiscal plans, newspapersays * Dollar falls amid fears of global growth * Yen down, sterling up as investors await Brexitdevelopments* Graphic: World FX rates in 2018 By Tom Finn LONDON, Nov 21 (Reuters) - The euro rose on Wednesday,buoyed by reports that Italy may be open to reviewing its draftbudge...Read More
Illegal gold mining is reaching new record highs in Venezuela as hyperinflation, power cuts, as well as food and medicine shortages are pushing citizens to either flee the country or find new ways of survival.UN heritage site famous for green tourism, now home to multiple illegal mines.Arguably the biggest problem facing Venezuelans in their day-to-day lives is the ongoing currency inflation, whic...Read More
MOSCOW - Russian nickel and palladium producer Norilsk Nickel (Nornickel) plans to ramp up output over the next five years to tap an expected boom in demand from electric vehicle makers, its CEO and top shareholder Vladimir Potanin told Reuters.The company, which vies with Brazil's Vale to be the world's largest nickel producer, has been profitable for years thanks to its resource-rich Arctic oper...Read More
Published 22 Hours AgoUpdated5 Hours AgoReuters Gold prices rose on Wednesday in subdued trade ahead of a U.S. holiday amid weakness in the dollar.Spot gold was up 0.5 percent at $1,226.76 per ounce. U.S. gold futures rose $6.80 to settle at $1,228 per ounce."Gold is tracking the dollar movement," said Ronald Leung, chief dealer at Lee Cheong Gold Dealers in Hong Kong, adding "trading is expected...Read More
Investors should buy gold stocks and ETFs.Higher interest rates bode well for gold prices.Gold provides a hedge during the pending recession.Editor's note: Seeking Alpha is proud to welcome Daniel Maday as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to the SA PRO archive. Click here to fi...Read More
MOSCOW, Nov 21 (Reuters) - Russia's central bank mayconsider cutting the key interest rate in late 2019, the bank'sGovernor Elvira Nabiullina said on Wednesday.She said that the neutral level for the bank's key rateremained at between 6 and 7 percent and added that currencycontrols, which Russia does not have now, would have a negativeimpact on the economy.The key rate is now at 7.50 percent. (Rep...Read More
Gold is currently trading at $1,220, having clocked a high of $1,228 yesterday. The repeated failure to beat the 100-day exponential moving average (EMA) could end up killing the recovery rally from the Nov. 13 low of $1,196. Daily chart The metal created an inverted bearish hammer at the 100-day EMA yesterday, indicating a weakening of bullish pressures. 4-hour Chart Over on the 4-hour cha...Read More
JOHANNESBURG, Nov 21 (Reuters) - South Africa's rand rose inearly trade against a softer dollar on Wednesday, in line with arise in local bonds and stocks as investor appetite for riskierassets was boosted. * At 0650 GMT, the rand traded 0.25 percent firmerat14.0600 per dollar, after closing at 14.0950 in New York. * The currency is expected to trade in a range of 13.9500 to14.2000 to the dollar o...Read More
"VOLUME WILL BE LOW BEGINNING TOMORROW FOR THANKSGIVING SHUTDOWN IN USA & will remain low until next week.In other words the control boys can do what they want.Be careful."Read full newsRead More
Tuesday's Market Minute The Dow Jones Industrial Average fell triple digits for the second straight session.The Nasdaq led losses as the tech-heavy index pushed further into correction territory.Shares of Facebook were down again after the company experienced outages in the U.S. and Europe. U.S. stocks were hit with significant losses for the second straight session with all three major i...Read More
A summary of base metals premiums from across the globe for the week to Tuesday November 20.Please click...Read More
Base metals prices on the London Metal Exchange were mostly lower at the close of trading on Tuesday November 20, with broad risk-off sentiment emerging across global commodity markets amid continued trade tensions and a fresh one-year low in oil futures.Both zinc and lead futures were the worst affected, falling by around 2% over the afternoon, to below their respective support levels at $2,600 p...Read More
The Comex copper price continued lower in in the US morning on Tuesday November 20, with the rising dollar pressuring the entire commodities sector.The copper price for December settlement on the Comex division of the New York Mercantile Exchange fell 3.25 cents to $2.7665 per lb."We continue to expect a strong rebound in copper prices by the end of 2018 principally because investors are likely to...Read More
Supply constraints continued to drive European ferro-vanadium and vanadium pentoxide prices to new heights, with both markets reaching record highs while the Chinese export market remained dormant. Chinese export prices remain flat absent export activityEU FeV prices set new record heightsEU V2O5 market edges upward to new record highUS FeV bolstered despite thin spot trading ChinaChina's ferro-va...Read More
The London Metal Exchange is planning to launch a lithium contract in the second quarter of 2019 to meet growing demand from the electric vehicle industry, Fastmarkets learned during Asia Copper Week in Shanghai. The contract, announced as part of the exchange's Strategic Pathway in September 2017, will be settled against an index price, with Fastmarkets MB's lithium spot price index one of those...Read More
Supply constraints continued to drive European ferro-vanadium and vanadium pentoxide prices to new heights, with both markets reaching record highs while the Chinese export market remained dormant. Chinese export prices remain flat absent export activityEU FeV prices set new record heightsEU V2O5 market edges upward to new record highUS FeV bolstered despite thin spot trading ChinaChina's ferro-va...Read More