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How Much Does Supply And Demand Influence Gold?

April 10, 2019 / seekingalpha.com

It is the perceived value of the gold that drives its price.There is a "finite" amount of gold available at any given point in time.With a relatively static supply and growing demand, what are the main factors that drive the price of gold?By Scott Bauer At a Glance With more than 3,000 metric tons mined in 2018, gold prices are still moved by supply. How much depends on several other fac...Read More

K92 Mining Announces First Quarter Record Production From Kainantu Gold Mine

April 10, 2019 / dlvr.it

Smart Social Media Automation. Automatically share RSS feeds to Facebook, Twitter, LinkedIn, Pinterest and more.Read full newsRead More

Gold shorts at 1301/03 stopped above 1305 to target 1308/09

April 10, 2019 / www.fxstreet.com

Gold _ Silver Spot Gold shorts at 1301/03 stopped above 1305 to target 1308/09 then minor resistance at 1312/13. A break above 1314 is a buy signal initially targeting 1319/20.Good support at 1303/01 but below 1299 risks a slide to minor support at 1294/92. Important support at 1284/82. Longs need stops below 1279. Silver topped exactly at our selling opportunity at 1532/35 with stops above 1540....Read More

SolGold scores again at Cascabel project

April 10, 2019 / www.mining.com

Ecuador-focused miner SolGold (LON, TSX:SOLG) said drilling at its Cascabel copper-gold project in the country's north has revealed previously unknown mineralization, further increasing the size of one of the biggest copper discoveries of recent years.Together with the high-grade find, over 1.5% copper equivalent, the company has also detected mineralization within the inferred resource area at t...Read More

SolGold scores again at Cascabel project

April 10, 2019 / www.mining.com

Ecuador-focused miner SolGold (LON, TSX:SOLG) said drilling at its Cascabel copper-gold project in the country's north has revealed previously unknown mineralization, further increasing the size of one of the biggest copper discoveries of recent years.Together with the high-grade find, over 1.5% copper equivalent, the company has also detected mineralization within the inferred resource area at t...Read More

SolGold scores again at Cascabel project

April 10, 2019 / www.mining.com

Ecuador-focused miner SolGold (LON, TSX:SOLG) said drilling at its Cascabel copper-gold project in the country's north has revealed previously unknown mineralization, further increasing the size of one of the biggest copper discoveries of recent years.Together with the high-grade find, over 1.5% copper equivalent, the company has also detected mineralization within the inferred resource area at t...Read More

'You often get sick': the deadly toll of illegal gold mining in South Africa

April 10, 2019 / dlvr.it

Driven by need, tens of thousands of women are risking death, disease and sexual violence to scrape a living in the country's informal mining sectorRead full newsRead More

Resource Sector Digest: Focus On Nevada - Corvus Gold Edition

April 10, 2019 / dlvr.it

Smart Social Media Automation. Automatically share RSS feeds to Facebook, Twitter, LinkedIn, Pinterest and more.Read full newsRead More

Gold hits two-week peak on dovish ECB; focus on Fed minutes

April 10, 2019 / www.cnbc.com

Published 23 Hours AgoUpdated6 Hours AgoReuters Mariya Gordeyeva | ReutersGold hit a near two-week high on Wednesday, supported by softer U.S. economic data and as the European Central Bank reinforced an accommodative monetary policy, with focus turning to the minutes from the U.S. Federal Reserve's March meeting.Spot gold was up 0.2 percent at $1,306.88 an ounce, its highest since March 28. U.S....Read More

Dow Ends Down as IMF Cuts Global Growth Forecast, U.S.-EU Trade Tensions Flare - TheStreet

April 10, 2019 / www.thestreet.com

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average tumbled on fears of a U.S.-EU trade war and the IMF's prediction of continued slowing global economic growth. Apple (AAPL - Get Report) climbed after analysts at Wedbush raised the tech giant's price target to $225 from $215 and maintained their outperform rating on the stock. Walt Disney (DIS - Get...Read More

WEEKLY BASE METAL PREMIUMS REPORT 04/09

April 10, 2019 / www.metalbulletin.com

A summary of base metals premiums from across the globe for the week to Tuesday April 9.Please click...Read More

LIVE FUTURES REPORT 09/04: LME base metals prices drift lower despite softer dollar; zinc sinks below $2,900/t

April 10, 2019 / www.metalbulletin.com

Base metals prices on the London Metal Exchange were mostly lower at the close of trading on Tuesday April 9, with a dip in the dollar index below the psychological level of 97 doing little to prompt rallies, while stock inflows continue push prices lower. Despite trading comfortably above $6,500 per tonne for much of the day, copper's three-month price closed $13 per tonne shy of the psychologica...Read More

Investing in the Best Precious Metal: Which Is the Best Choice?

April 10, 2019 / www.focusontheuser.org

When it comes to investing in precious metals, everyone's thought goes straight to gold. However, you may be surprised to find out that at this point, gold might not be the best precious metal to invest in this year.Right now, gold costs $2,298 per ounce, making it relatively expensive. Furthermore, considering that the sales in China and India have gone down, you could say that gold is slowly (bu...Read More

NEWSBREAK: SocGen closes prop, OTC commodities business, remains LME ring dealer via Newedge

April 10, 2019 / www.metalbulletin.com

Soci?(C)t?(C) Generale will close its proprietary and over-the-counter (OTC) commodities business including its metals trading, as part of a global cost cutting exercise involving 1,600 job losses, the company said on April 9.The French bank is a category I London Metal Exchange dealer and plans to continue this activity through its brokerage arm Newedge Group, informed sources confirmed to F...Read More

When The Stock Market Reversal Happens, It Will Be A Whopper

April 10, 2019 / investmentresearchdynamics.com

"They may try to run this poor thing straight up and over a cliff. Recall the 2000 top was in March but they briefly ran it back in Sep 00. Ditto in Oct 07. When warning signs are ignored, the endings are abrupt. Maintain safety nets, but don't assume stupidity has limits." - John HussmanBefore I saw that quote from Hussman on Twitter, I was contemplating how the trading patterns this year in bond...Read More

CESCO: INTERVIEW - Freeport at 'full throttle' on Indonesia smelter

April 10, 2019 / www.metalbulletin.com

Freeport-McMoRan is moving ahead at "full throttle" with plans to develop a new smelter in Indonesia in partnership with state-owned PT Indonesia Asahan Aluminium (PT Inalum), the chief executive officer of the US copper producer said.The smelter is part of a package agreed by the company and the government, ending several years of negotiations over the fate of Freeport's activities in Indonesia,...Read More

CESCO: Sustainable mining essential or corporations face economic, reputational damage, Codelco says

April 10, 2019 / www.metalbulletin.com

Sustainability is an essential factor in mining or corporations run the risk of serious economic and reputational damage, Codelco chief executive officer Nelson Pizarro said. The world looks at the mining industry very negatively when there are disasters such as landslides, wall collapses and tailings dam breaches, he said at CRU's 18th World Copper Conference in Santiago, Chil...Read More

CESCO: World copper demand soaring amid electrification economy, Rio Tinto exec says

April 10, 2019 / www.metalbulletin.com

The world will need the same amount of copper over the next 25 years that it has produced in the past 500 years if it is to meet global demand, according to the head of copper at global miner Rio Tinto.Arnaud Soirat, chief executive officer of the mining company's copper and diamonds division, said that consumption of copper arising from what he termed the "electrification of everything" made the...Read More

DAILY SCRAP REPORT: UK cargo sends prices down, overall demand limited

April 10, 2019 / www.metalbulletin.com

The Turkish steel mills continued to show minimal interest in deep-sea scrap purchasing on Tuesday April 9, with only one transaction heard so far this week, sources said.Some market participants had expected the mills to resume their deep-sea purchases at the recent International Rebar Producers & Exporters Association conference (Irepas 80), which took place in Barcelona on April 7-9.A...Read More

Stocks Mixed as Investors Eye Event Risks, US Earnings, In Cautious Global Trade - TheStreet

April 10, 2019 / www.thestreet.com

The Tuesday Market Minute Global stocks mixed as investors brace for a host of event risks later this week, including a key ECB meeting tomorrow in Frankfurt, Fed minutes from Washington and an EU leader's summit in Brussels.The IMF will issue its World Economic Update later today in Washington, with analysts expecting notable downgrades for global growth amid uncertainty on trade and rising geo...Read More

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