* Premiums in China unchanged at about $8/oz* Japan premiums 50 cents/oz vs 50-75 centsBy Rajendra Jadhav and Nithin ThomasPrasadMUMBAI/BENGALURU, March 23 (Reuters) - Physical gold demand in Asian hot spots slouched this week as higher global prices made buyers hold off on purchases and as discounts in India widened to their highest in 6-1/2 months.“Demand is very weak. At the current price...Read More
It's been one crazy week, with tariffs,trade wars and equity markets breaking down. Gold and silver put their lows infor the week on Tuesday just as the Fed meeting started. They have both ralliedhard since, driven higher by the Fed, fear and trade wars.With gold and silver on majorsupport, the rally was no surprise. Both are still in big consolidation rangesand although the rallies are nice, they...Read More
It's been one crazy week, with tariffs, trade wars and equity markets breaking down. Gold and silver put their lows in for the week on Tuesday just as the Fed meeting started. They have both rallied hard since, driven higher by the Fed, fear and trade wars. With gold and silver on major support, the rally was no surprise. Both are still in big consolidation ranges and although the rallies are nice...Read More
Soaring cobalt and lithium prices are not just spurring an exploration frenzy as more and more companies want a piece of the attractive batteries metals pie, but they are also pushing some companies to look for them where others have not.Australian Neometals (ASX:NMT), which is building a plant to recover raw materials including lithium, cobalt, nickel and copper from expired batteries in Canada,...Read More
A 6.16-carat diamond called Farnese Blue will appear on the market for the first time in history this spring, after having remained in the same family for over three centuries.Sotheby's will be offering the gem at its Magnificent Jewels and Noble Jewels sale taking place in Geneva on May 15, 2018. The stone's value is calculated between $3,690,000 and $5,270,000. According to a press release issue...Read More
A 6.16-carat diamond called Farnese Blue will appear on the market for the first time in history this spring, after having remained in the same family for over three centuries.Sotheby's will be offering the gem at its Magnificent Jewels and Noble Jewels sale taking place in Geneva on May 15, 2018. The stone's value is calculated between $3,690,000 and $5,270,000. According to a press release issue...Read More
A 6.16-carat diamond called Farnese Blue will appear on the market for the first time in history this spring, after having remained in the same family for over three centuries.Sotheby's will be offering the gem at its Magnificent Jewels and Noble Jewels sale taking place in Geneva on May 15, 2018. The stone's value is calculated between $3,690,000 and $5,270,000. According to a press release issue...Read More
A differentiated dividend policy could yield a mother lode of dividend income in the coming years.Read full newsRead More
PALM BEACH, Florida, March 22, 2018 /PRNewswire/ --Marketnewsupdates.com News Commentary Chile is a mining giant....Read full newsRead More
Heavy equipment maker Liebherr's goal of becoming one of the top suppliers for the mining industry in North and South America seems to be a step closer, as the Switzerland-based company announced a $45 million-investment to grow its facilities in Virginia, US.The family-owned machinery maker, which has been manufacturing and operating in Newport News for over 48 years, said it's planning to start...Read More
Here Are 4 Hot Things to Know About Stocks Right Now Shares of Facebook Inc. fell for the third day of four after CEO Mark Zuckerberg broke his silence about the data privacy scandal. The stock declined 2.6% on Thursday.Donald Trump announced tariffs on Chinese goods entering the U.S.The Dow Jones Industrial Average was down sharply on Thursday and is now more than 2,600 points below i...Read More
* Trump initiates trade action against China* Dollar swoons early, then rebounds* Spot gold down, gold futures settle up (New throughout, updates prices, market activity and comments, adds second byline and NEW YORK dateline)By Renita D. Young and Maytaal AngelNEW YORK/LONDON, March 22 (Reuters) - Spot gold dipped on Thursday as the U.S. dollar pared losses on safe-haven buying from investors fear...Read More
* STOXX 600 down 1.6 pct to 2-week low* Banks, miners, tech lead sectoral fallers* Reckitt gains after pulling out of Pfizer (NS:PFIZ) race (Adds details, closing prices)By Helen Reid and Danilo MasoniLONDON, March 22 (Reuters) - Concerns about trade sent European shares tumbling on Thursday as the United States prepared to announce hefty tariffs on Chinese imports, with banks, basic resources sto...Read More
Investing.com - Gold prices were trading near their highest levels in two weeks in midday trade on Thursday, after a less hawkish than expected Federal Reserve and amid growing concerns over trade tariffs.Gold futures for April delivery on the Comex division of the New York Mercantile Exchange were up $6.50, or 0.49% to $1,328.00 a troy ounce by 11:52 AM ET (13:52GMT). That was its highest level s...Read More
* Dollar weakens broadly as trade worries compound Fed effect* China bumps up short-term rates slightly* Oil stalls at six-week high* European shares seen 0.1 to 0.4 pct lowerBy Marc JonesLONDON, March 22 (Reuters) - The threat of a global trade war and a steady message from the Federal Reserve on U.S. interest rates pushed the dollar to its lowest in over a month on Thursday and took Europe's mai...Read More
(Corrects day in first paragraph to Thursday from Wednesday)MUMBAI, March 22 (Reuters) - India's Multi Commodity Exchange (MCX) MCEI.NS will start trading in brass futures from next week as it tries to provide a benchmark price and hedging tool to the industry, the bourse said on Thursday.MCX will start trading in three contracts of brass, an alloy made of copper and zinc, from March 26.The lot si...Read More
* Dollar weakens broadly after Fed forecast 2 more hikes in 2018* Fed upbeat on economy; notch up 2019, 2020 forecast* New PBOC Governor bumps up short-term rates slightly* Oil at 6-week high on U.S. inventory, OPEC stance* European shares seen 0.1-0.4 pct lowerBy Hideyuki SanoTOKYO, March 22 (Reuters) - The U.S. dollar slipped on Thursday after the Federal Reserve held back from increasing the pa...Read More
* Dollar weakens broadly after Fed forecast 2 more hikes in 2018* Fed upbeat on economy; notch up 2019, 2020 forecast* Oil at 6-week high on U.S. inventory, Iran nuke deal worriesBy Hideyuki SanoTOKYO, March 22 (Reuters) - The U.S. dollar slipped on Thursday after the Federal Reserve did not signal a faster pace of rate hikes this year while worries about a coming announcement on tariffs from U.S....Read More
The latest news and price moves to start the Asian day on Friday March 23.Base metals prices on the London Metal Exchange plummeted at the close on Thursday March 22, while the dollar index staged a recovery. Read more in our live futures report.Here are how LME prices looked at Thursday's close:The United States Trade Representative (USTR) has said that the European Union, Argentin...Read More
Investing.com - Gold prices were trading near their highest levels in two weeks in European mid-morning trade on Thursday, boosted by a softer dollar after a less hawkish than expected Federal Reserve and growing concerns over trade tariffs.Gold futures for April delivery on the Comex division of the New York Mercantile Exchange were up $9.7 or 0.73% to $1,331.2 a troy ounce by 05:28 AM ET (09:28...Read More