Copper stocks Articles

Gold Edges Lower to Start the Week Amid Rising Bond Yields

nbspnbspFeb 05, 2018 / Investing.com

Investing.com - Gold prices edged lower to start the week on Monday, as investors reacted to data from the U.S. Labor Department showing wages last month recorded their largest annual gain in more than 8-1/2 years.The data contributed to the sentiment that inflation is picking up and higher interest rates are on the horizon.Comex gold futures were a touch lower at $1,336.10 a troy ounce by 3:15AM...Read More

Gold / Silver / Copper Prices - Weekly Outlook: February 5 - 9

nbspnbspFeb 04, 2018 / Investing.com

Investing.com - Gold prices fell on Friday as the dollar strengthened after the latest U.S. jobs report showed that the economy added more jobs than forecast in January and wage growth accelerated.Gold futures for April delivery settled down 0.91% at $1,335.70 on the Comex division of the New York Mercantile Exchange. For the week, prices were down 1.47%.Prices of the precious metal have fallen ba...Read More

Rate Angst Sends Dow Down 600 Points as Bonds Sink: Markets Wrap

nbspnbspFeb 03, 2018 / Bloomberg

(Bloomberg) -- The Dow Jones Industrial Average tumbled 600 points in the biggest plunge since Donald Trump’s election, as a rout in the bond market spilled into equities.Strong jobs data that increased the likelihood the Federal Reserve will lift rates next month sent bond bulls scurrying and rattled equity investors who haven’t seen a week this bad in two years. The selling accelerat...Read More

India's Hindalco Industries Q3 profit jumps 17.7 pct

nbspnbspFeb 02, 2018 / Reuters

Feb 2 (Reuters) - India's top aluminium producer Hindalco Industries Ltd HALC.NS reported a 17.7 percent rise in quarterly profit on Friday, helped by higher metal prices.Profit rose to 3.77 billion rupees ($59.11 million) in the third quarter ended Dec. 31, from 3.21 billion rupees a year earlier. from operations for the company, which also manufactures copper products and fertilisers, rose 11...Read More

Gold Under Pressure Amid Hawkish Fed Rate Hike Outlook

nbspnbspFeb 01, 2018 / Investing.com

Investing.com - Gold prices edged lower on Thursday, after the Federal Reserve left interest rates unchanged but hinted at hikes later this year.Comex gold futures were a touch lower at $1,343.10 a troy ounce by 3:15AM ET (0815GMT).At Fed Chair Janet Yellen's last policy meeting as head of the central bank, the Fed announced it was holding rates steady, a move that was widely expected, but said in...Read More

UPDATE 1-UK Stocks-Factors to watch on Feb 1

nbspnbspFeb 01, 2018 / Reuters

(Adds company news and futures)Feb 1 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 23 points higher at 7,556.3 on Thursday, according to financial bookmakers, with futures FFIc1 up 0.42 percent ahead of the cash market open.* GLENCORE: Glencore GLEN.L on Thursday said copper output in 2018 should rise to nearly 1.5 million tonnes as its Katanga mine in Democratic Republic of Congo r...Read More

UK Stocks-Factors to watch on Feb 1

nbspnbspFeb 01, 2018 / Reuters

Feb 1 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 23 points higher at 7,556.3 on Thursday, according to financial bookmakers.* GKN/MELROSE: Melrose Industries MRON.L is preparing to publish the formal offer document detailing its 7.4 billion-pound hostile bid for British engineer GKN GKN.L on Thursday, according to a source close to the situation. BHP: Global miner BHP BHP.AX BLT....Read More

Gold Prices Continue Lower as Markets Await Fed, Trump

nbspnbspJan 30, 2018 / Investing.com

Investing.com - Gold prices declined on Tuesday, extending losses into a third session, as traders awaited a U.S. Federal Reserve policy meeting for fresh catalysts.Comex gold futures were down around $6.00, or 0.5%, to $1,334.40 a troy ounce by 3:10AM ET (0810GMT). It fell to a one-week low of $1,332.80 in overnight trade.Meanwhile, silver futures shed 6.2 cents, or 0.4%, to $17.06 a troy ounce,...Read More

Gold Edges Lower to Start the Week as Dollar Firms

nbspnbspJan 29, 2018 / Investing.com

Investing.com - Gold prices edged lower to start the week on Monday, pulling further back from a 17-month high as the U.S. dollar recovered somewhat from last week's turbulence, prompted by conflicting comments from the Trump administration at Davos.Comex gold futures slumped around $7.00, or 0.5%, from the last session's closing price to $1,345.60 a troy ounce by 2:55AM ET (0755GMT). It climbed t...Read More

Gold / Silver / Copper Prices - Weekly Outlook: Jan. 29 - Feb. 2

nbspnbspJan 28, 2018 / Investing.com

Investing.com - Gold prices ended lower on Friday but remained in sight of the previous day’s 17-month peak as the U.S. dollar was pressured by data pointing to slower U.S. economic growth and comments by a senior U.S. official backing a weaker currency.Gold futures for February delivery settled down 1.06% at $1,348.40 on the Comex division of the New York Mercantile Exchange.For the week, g...Read More

Copper Deals Off to Best Start in 12 Years as Prices Surge

nbspnbspJan 27, 2018 / Bloomberg

(Bloomberg) -- Copper mining deals are off to the best start in at least 12 years -- and more money could be pouring into the sector this year.More than $500 million in transactions are pending or were completed so far this month, the most recorded for January in Bloomberg data going back 12 years. Merger interest is picking up after years of under-investment limited mining companies’ capaci...Read More

Gold Prices Hovering Near 4-Month Highs

nbspnbspJan 25, 2018 / Investing.com

Investing.com - Gold prices were hovering near after four-month highs on Thursday, propelled higher by a weaker dollar, which hit fresh three-year lows after the Trump administration signaled that it preferred a weaker currency.Comex gold futures were at $1,357.80 a troy ounce by 04:15 AM ET (09:45 AM GMT), after rising as high as $1,365.40 overnight, the strongest level since August 2.The U.S. do...Read More

UPDATE 1-UK Stocks-Factors to watch on Jan 25

nbspnbspJan 25, 2018 / Reuters

(Adds company news and futures)Jan 25 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 2 points lower at 7641.6 on Thursday, according to financial bookmakers, with futures FFIc1 down 0.33 percent ahead of the cash market open.* DECHRA: Veterinary firm Dechra Pharmaceuticals Plc DPH.L said it would buy the Netherlands-based AST Farma and Europe-focused Le Vet for 340 million euros ($422....Read More

UK Stocks-Factors to watch on Jan 25

nbspnbspJan 25, 2018 / Reuters

Jan 25 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 2 points lower at 7641.6 on Thursday, according to financial bookmakers.* CARILLION/INSURERS: Insurers expect to pay out 31 million pounds ($44 million) in trade credit claims to suppliers hit by the collapse of British construction and outsourcing firm Carillion CLLN.L , the Association of British Insurers said on Thursday. LAMPR...Read More

Gold Prices Rally to Highest Since September Amid Dollar Weakness

nbspnbspJan 24, 2018 / Investing.com

Investing.com - Gold prices rose to their strongest level in more than four months on Wednesday, supported by a weaker U.S. dollar languishing at three-year lows.Dollar weakness usually benefits gold, as it boosts the metal's appeal as an alternative asset and makes dollar-priced commodities cheaper for holders of other currencies.Comex gold futures rose to a session high of $1,346.80 a troy ounce...Read More

Stocks Rise on Earnings as Tech Rallies; Oil Gains: Markets Wrap

nbspnbspJan 24, 2018 / Bloomberg

(Bloomberg) -- Earnings set the tone for American equities, with strong results from Netflix Inc (NASDAQ:NFLX). bolstering technology indexes, while blue chips were mixed. Treasuries rose and the dollar edged lower.The Nasdaq 100 Index surged as Netflix powered past subscriber forecasts, while the Dow Jones Industrial Average slipped on disappointing results from Procter & Gamble and Johnson &...Read More

Copper Inventories Surge Most in 10 Months, Sending Prices Lower

nbspnbspJan 24, 2018 / Bloomberg

(Bloomberg) -- Copper slumped to a one-month low as a large delivery of metal into exchange warehouses in Asia refocused attention on demand during a seasonally weak period for industrial activity in China.Prices fell as much as 2.6 percent to $6,885 a ton on the London Metal Exchange as inventories tracked by the bourse jumped by the most in 10 months, continuing a pattern of spikes and drawdowns...Read More

Gold Edges Higher as Dollar Wallows Near 3-Year Lows

nbspnbspJan 23, 2018 / Investing.com

Investing.com - Gold prices edged higher on Tuesday, supported by a weaker U.S. dollar languishing near three-year lows after U.S. lawmakers reached a deal to end a government shutdown.Comex gold futures were at $1,336.10 a troy ounce by 3:15AM ET (0815GMT), up around $4.00, or 0.3%, from the last session's closing price.Meanwhile, silver futures tacked on 5.0 cents, or 0.3%, to $17.04 a troy ounc...Read More

Gold Edges Lower to Start the Week; U.S. Government Shutdown in Focus

nbspnbspJan 22, 2018 / Investing.com

Investing.com - Gold prices edged lower to start the week on Monday, as investors took a relatively calm view of the partial shutdown of the U.S. federal government.Comex gold futures were at $1,331.10 a troy ounce by 3:20AM ET (0820GMT), down around $2.00, or 0.2%, from the last session's closing price.Meanwhile, silver futures inched down 3.6 cents, or 0.2%, to $17.00 a troy ounce.The U.S. gover...Read More

UPDATE 1-UK Stocks-Factors to watch on Jan. 22

nbspnbspJan 22, 2018 / Reuters

(Adds futures, news items)Jan 22 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 13 points lower at 7,717.6 on Monday, according to financial bookmakers, with futures FFIc1 down 0.14 percent ahead of the cash market open.* LONMIN: Platinum miner Lonmin LMI.L LONJ.J reported a 65 percent drop in 2017 profit on Monday citing higher costs and subdued commodity prices but reiterated its 2...Read More