Iron ore prices experienced a slight dip but managed to stay above $78 per tonne cfr China on Wednesday January 10 amid uncertainties resulting from a forecast cyclone in Australia.Metal Bulletin's 62% Fe Iron Ore Index Today: $78.31 per tonne cfr QingdaoDaily change: down by $0.16 per tonneMonth-to-date average: $76.79 per tonneMetal Bulletin's 58% Fe Premium Index Today: $62.71 per tonne cfr Qin...Read More

Seaborne iron ore prices retreated for the first time this year on Wednesday January 10 amid uncertainties over whether a forecast cyclone in Australia could result in supply disruptions.Key driversChina's ferrous futures retreated in the afternoon after trending upward in the morning. The benchmark iron ore contract ended slightly lower than a day earlier.A tender for a seaborne cargo of Pilbara...Read More

Purchasing activity in the Iranian export semi-finished steel market was delayed in the week ended Wednesday January 10 because customers wanted to wait and see the market trend become clearer after the year-end holidays.Metal Bulletin's newly launched weekly assessment of the Iranian export billet price was $510-520 per tonne fob on January 10.Esfahan Steel, the country's sole blast oxygen furnac...Read More

China's domestic prices for rebar held steady on Wednesday January 10 on weak demand despite gains in the futures market. Domestic Eastern China (Shanghai): 3,830-3,920 yuan ($587-601) per tonne, unchanged Northern China (Beijing): 3,870-3,900 yuan per tonne, unchanged Low temperatures in Shanghai and Beijing resulted in inactivity in the markets.As such, sellers were unable to raise prices even t...Read More

– Gold at all time in eight major emerging market currencies– A stronger performance than seen when priced in USD, EUR or GBP– As world steps away from US dollar hegemony expect new gold highs in $, € and £– Gold is a hedge against currency debasement and depreciation of fiat currencies Editor: Mark O’ByrneSource: allstarcharts.com ...Read More

Key data from the January 10 pricing session in Europe.Ferro-titanium 70% (max 4.5% Al) $ per kg, delivered duty-paid in EuropeToday Previous Change to midpoint of range Midpoint % change 4.80-5.60 4.80-5.60 0 0  Titanium scrap turnings, unprocessed (max 0.5% Sn) $ per lb, cif European ports  Titanium scrap turnings, unprocessed (0.5-2% Sn) $ per l...Read More

The rally in Gold and gold mining stockseasily surpassed our expectations and targets. The strength has been far morethan we anticipated. The gold stocks blew past their 200-day moving averageswhile Gold blew past $1300/oz. Now it is time to take a technical look andfocus on the key support and resistance targets. The strength of the rebound pushed the minerswell beyond their 200-day moving averag...Read More

The biggest news today comes from China, which has announced it will "slow or halt" US Treasury purchases.This is the so-called NUCLEAR option: the threat by China to stop buying US debt. And it's an absolute game-changer.Yields on the 10-Year Treasury spiked on the news as investors dumped Treasuries. Source: BlooombergThis could very well be what bursts the EVERYTHING Bubble.As I explained in d...Read More

Traders for Light crude oil continue to see higher price levels over the near term. Front-month futures prices reflect their bullish outlook (chart 1).The expectation is for $63 to $65 per barrel by late Q1.The one caveat is that U.S. production appears set to explode later this year. According to the Energy Information Administration (EIA) nationwide output should average about 10.27 million barr...Read More

I love sitting down with Craig Hemke, TFMetals Report, not only does he share great information it is a lot of fun with some laughter thrown in to keep these all-too-serious conversations a little lighter. When you're dealing with such subjects as our monetary past and what we see as our monetary future, humor is a necessary ingredient.All the wizards and their magic potions in pots from medieval...Read More

Domestic stocks were a great place to invest in 2017, but hopefully you didn't overlook opportunities overseas. Emerging markets had a gangbusters year, surging more than 37.5 percent with dividends reinvested, as measured by the MSCI Emerging Markets Index. A combination of rising PMIs-or the purchasing manager's index I talk so often about-and a steadily declining U.S. dollar helped emerging eco...Read More

CloseGain/LossGold $1317.40+$3.40Silver$16.98-$0.02XAU86.07+1.32%HUI194.29+1.04%GDM650.01+0.39%JSE Gold1313.06+26.39USD92.32-0.19Euro119.57+0.18Yen89.79+0.91Oil$63.57+$0.6110-Year2.552%+0.004T-Bond150.03125-0.1875Dow25369.13-0.07%Nasdaq7153.57-0.14%S&P2748.23-0.11% The Metals: Gold fell $5.50 to $1308.50 in early Asian trade before it jumped up to as high as $1327.10 at about 6AM EST and the...Read More

Prices for hollow steel sections in Southern Europe have increased this week, with producers in the region responding to firm demand, market sources told Metal Bulletin on Wednesday January 10.Metal Bulletin's price assessment for S235-grade square hollow steel sections made in Southern Europe moved up by ?,?15-20 per tonne to ?,?620-645 ($740-770) per tonne delivered on Wednesday.Prices for simil...Read More

By Ira EpsteinGold gains a bit as the Dollar sets back amid questions about getting a NAFTA deal done and threats by China to cut back on buying US debt.https://www.iraepstein.com/ Read More

- Gold at all time in eight major emerging market currencies- A stronger performance than seen when priced in USD, EUR or GBP- As world steps away from US dollar hegemony expect new gold highs in $, ?,? and ?- Gold is a hedge against currency debasement and depreciation of fiat currenciesSource: allstarcharts.com h/t @DominicFrisbyWhen we talk about the gold price we all too often focus on...Read More

MGX Minerals Announces Commencement of Drill Program at Case Lake Lithium Project VANCOUVER, BC / ACCESSWIRE / January 10, 2018 /MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG; FRA: 1MG; OTCQB: MGXMF) is pleased to report that joint venture partner Power Metals Corp. ("Power Metals") has commenced a 2,000 metre drill program on the Northeast Dyke at Case Lake east of Cochrane, Ontario....Read More

By Axel MerkLast week, I asked, "What would make 2018 more productive for you? Please email me the first thing that comes to your mind." Before I summarize the responses, a big thank you to the 800+ people who sent me personalized responses. Someone pointed out that asking the question itself already helped because it motivated her to review her plans and targets. My question had been intentiona...Read More

Turkey's structural pipe export prices have continued to rise in line with increasing costs for hot-rolled coil (HRC), sources said on Wednesday January 10.Metal Bulletin's monthly price assessment for EN10219-standard, grade-S235 tube, with 2mm wall thickness, was $670-680 per tonne fob on January 10, up from $640-650 per tonne in December.Turkish pipemakers were offering material at around...Read More

Full Article: SWOT Analysis: Gold Imports to India Rose 37 PercentBy: Frank HolmesStrengthsThe best performing metal this week was platinum, up 4.3 percent as speculators cut their net bearish platinum positions. After being bullish for the previous three weeks, gold traders and analysts are neutral this week, according to a Bloomberg survey. However, the number of new investors for BullionVault...Read More

By Rory HallI love sitting down with Craig Hemke, TFMetals Report, not only does he share great information it is a lot of fun with some laughter thrown in to keep these all-too-serious conversations a little lighter. When you're dealing with such subjects as our monetary past and what we see as our monetary future, humor is a necessary ingredient.All the wizards and their magic potions in pots...Read More