Even during defined trends in the financial markets, the day to day price fluctuations will be composed of both positive and negative gains. There is nothing unusual about that type of price movement. It is a natural tendency of price movement over time.However, recently increased volatility which is expressed through sizeable oscillating price swings have become more pronounced and frequent. Over...Read More
(Kitco News) - Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.Will gold prices go higher, lower or remain unchanged next week? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12 PM EDT) along with the results from our market professional survey.Readers can al...Read More
Mcx Lead Carry Call – BUY Lead Jun at CMP 165.20 for Target 166.30 – 166.90 with SL below Price 164 Read More
Aluminium Profit Call – Mcx Aluminium JUN Buy Call a5c given at 153.90 cmp 154.60. Low risk taker book 0.7 x 2 lot = 1.4 Points profitTIPS ID a5c : Mcx Aluminium Call - BUY Aluminium JUN 2 lot at CMP 153.90 for Target 154.90 - 155.80 with SL below price 152.90 Read More
(Kitco News) - The Mexican government needs to step up its efforts to combat the growing cartel and gang violence sweeping through the country, according to Rob McEwen, CEO of McEwen Mining (NYSE: MUX, TSX: MUX).While McEwen mining’s project hasn’t been adversely affected by the recent rise in criminal activity, the company has not been immune to these issues. Two years ago armed robbe...Read More
Today Nickel Calls – Buy 2 lot Nickel at CMP 994 for Target 1003 – 1009 with SL below price 984 Read More
Copper Carry Tips – Risk Taker BUY Copper JUN at CMP 454.50 Add more at price 452 with SL 450.90 for Target 458.50 – 460.50 Read More
(Kitco News) - Gold and silver prices were trading modestly higher in early-afternoon U.S. dealings Wednesday. A sharp drop in the U.S. dollar index today was a bit supportive for the precious metals markets. However, the USDX hit a 10.5-month high on Tuesday. Several fundamental factors are in play in the marketplace at mid-week, but few seem to be having much impact on the precious metals at thi...Read More
TODAY LME STOCK REPORT : 30/05/2018Daily LME stock is as follows:Aluminium down by -8950MT,Copper down by -11375MT,Lead up by 150MT,Nickel down by -2706MT &Zinc unchanged. Read More
Mcx Aluminium Call – BUY Aluminium JUN 2 lot at CMP 153.90 for Target 154.90 – 155.80 with SL below price 152.90 Read More
Nickel Intraday Today – Nickel SELL Call a55 given at price 997.20 Achieved 1st Target 991. Made 988.30 low. Profit of 7 Points x 2 lot = 14 Points in NickelTIPS ID a55 : Nickel Mcx Tips - SELL Nickel at CMP 997.20 for Target 991 - 987 with SL Above price 1002.80 Read More
Today Lead Calls – Lead SELL Call a52 given at price 164.70 Achieved 1st Target 163.80. Made Low Exact 163.80. Total profit of 0.9 x 2 lot = 1.80 Points in LeadTIPS ID a52 : Mcx Lead Tips - SELL Lead Jun at CMP 164.70 for Target 163.80 - 163.10 with SL Above price 165.40. RISK taker trade 2 lots Read More
(Kitco News) - Italian political turmoil has created a conundrum for gold investors.If the crisis continues and leads to an election that threatens whether Italy keeps the euro as its currency - and this sentiment spreads to other European nations -- gold is likely to draw significant safe-haven buying, particularly if equities go into a freefall, analyst said. Such a contagion scenario unfolded s...Read More
Nickel Mcx Tips – SELL Nickel at CMP 997.20 for Target 991 – 987 with SL Above price 1002.80 Read More
Mcx Lead Tips – SELL Lead Jun at CMP 164.70 for Target 163.80 – 163.10 with SL Above price 165.40 Read More
The most recent data on Swiss gold exports confirm muted gold demand in Asia lately, says Commerzbank. Analysts cited data from customs authorities showing that Switzerland exported only 43.7 tonnes of gold to China and Hong Kong in April, the least since September. Switzerland likewise exported only a small amount of gold - 26.2 tonnes -- to India. On Tuesday, Commerzbank cited data from the...Read More
Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More
Tuesday was an interesting day for the metals. With panic around the world, gold and silver were flat. The fear in equities, bonds and the U.S. dollar didn't spill over to the metals, which on the surface would be considered a strange occurrence if not a bearish sign. Last week gold made a panic bottom and then rallied about $30 from that bottom. Gold is now consolidating and making higher lows. T...Read More
SHANGHAI, May 30 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index surged to a high since November last year at 95.03 overnight and closed 0.47% higher from Monday at 94.85 as euro plunged on concerns over the Italy election crisis. Base metals went down across the board as a result.The White House announced last n...Read More
SHANGHAI, May 30 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index surged to a high since November last year at 95.03 overnight and closed 0.47% higher from Monday at 94.85 as euro plunged on concerns over the Italy election crisis. Base metals went down across the board as a result.The White House announced last n...Read More