Base Metal Stock Articles

Gold's Path Is Down, Not Up - DeCarley Trading

Apr 25 2018 3:18PM / Kitco News

(Kitco News) - Gold has missed several opportunities to rally this year and the path of least resistance is in the downward direction for now, this according to Carley Garner, president of DeCarley Trading.“[Gold] has had every excuse in the book to rally. We’ve had political turmoil, trade conflict, and gold just can’t seem to get above $1,350, $1,360 [an ounce]. So, I think we&...Read More

FREE MCX TIPS Copper – BUY Copper at CMP 461.60 for Target 463.70 – 464.80 with SL below price 459.7

25/04/2018 2:42 PM / Het Commodity

Copper – BUY Copper at CMP 461.60 for Target 463.70 – 464.80 with SL below price 459.7. Trade with 2 lotsAFTER POST CONTENT Read More

POSITIONAL HOLD / CARRY Aluminium Carry Call – BUY Aluminium at CMP 147.60 Add more at price 147 with SL 146.50 for Target 148.60 – 149.20

25/04/2018 2:29 PM / Vaidik Calls

Aluminium Carry Call – BUY Aluminium at CMP 147.60 Add more at price 147 with SL 146.50 for Target 148.60 – 149.20AFTER POST CONTENT Read More

EXIT Zinc – Zinc SELL Call 6cd given at price 211.45 CMP 211.20. Not moving as expected. Low risk taker EXIT here with no profit no loss..

25/04/2018 2:26 PM / Het Commodity

Zinc – Zinc SELL Call 6cd given at price 211.45 CMP 211.20. Not moving as expected. Low risk taker EXIT here with no profit no loss.. RISK Taker Hold as per call6cd : Today Zinc Free Tips - SELL Zinc at CMP 211.45 with S L Above price 213.10 for Target 210 - 209AFTER POST CONTENT Read More

FREE MCX TIPS Today Zinc Free Tips – SELL Zinc at CMP 211.45 with S L Above price 213.10 for Target 210 – 209

25/04/2018 2:08 PM / Het Commodity

Today Zinc Free Tips – SELL Zinc at CMP 211.45 with S L Above price 213.10 for Target 210 – 209AFTER POST CONTENT Read More

Gold, Silver Sink As U.S. Dollar Resumes Rally

Apr 25 2018 1:05PM / Kitco News

(Kitco News) - Gold and silver prices are lower in early-afternoon U.S. trading Wednesday. Gold dropped to a four-week low today. The precious metals were pressured in part by a resumption of the appreciation of the U.S. dollar on the foreign exchange market. The U.S. dollar index hit a 3.5-month high today. The USDX has also seen a bullish upside technical breakout on the daily chart, to suggest...Read More

FREE MCX TIPS Lead Tips Online – SELL Lead at CMP 154.45 for Target 153.40 – 152.60 with SL Above price 155.65

25/04/2018 12:40 PM / Het Commodity

Lead Tips Online – SELL Lead at CMP 154.45 for Target 153.40 – 152.60 with SL Above price 155.65AFTER POST CONTENT Read More

Free Aluminium Tips – Aluminium HNI Sell call 63f given at price 178.50 Achieved 1st Target 150. CMP 146.80. Total Profit of 31.7 Points / Rs 1,58,500 per lot

25/04/2018 12:38 PM / Vaidik Calls

Free Aluminium Tips – Aluminium HNI Sell call 63f given at price 178.50 Achieved 1st Target 150. CMP 146.80. Total Profit of 31.7 Points / Rs 1,58,500 per lot63f : Aluminium HNI Call - SELL Aluminium April at CMP 178.50 for Target 150 - 145 with SL Above price 185.50AFTER POST CONTENT Read More

Now Is The Time To Look At Gold, Silver Before Prices Take Off - Mining CEO

Apr 25 2018 12:18PM / Kitco News

(Kitco News) - Although gold equity companies continue to struggle to attract investor interest, one of the market’s newest gold producers is expecting it’s only a matter of time before sentiment will shift. In an interview with Kitco News, Ken Berry, CEO of Northern Vertex Mining Corp. (TSX.V: NEE), said that there has been no better time for investors to look at commod...Read More

Gold Miners Betting On Digital Gold Market As Tradewind Raises $10.6 Million

Apr 25 2018 8:33AM / Kitco News

(Kitco News) - Four major gold producers are betting that a new digital gold market will bring millennials to the table and revitalize the marketplace.On Wednesday, new fintech startup Tradewind announced that it raised $10.6 million in a strategic placement. The investment was led by Agnico Eagle (NYSE: AEM, TSX: AEM), IAMGOLD (TSX: IMG, NYSE: IAG) and Wheaton Precious Metals (NYSE: WPM, TSX: WPM...Read More

Tuesday's Rally Not Enough

Apr 25 2018 8:04AM / Kitco Commentary

With all the panic in equities Tuesday, the metals did not rally enough, indicating that they are headed lower. Goldlooks to be headed for $1,300 and silver $16.40, where they should find some support. The metals markets look weak, especially when looking at the troubles equities are having. The action should have created more upward momentum in the metals, but it did not. This suggests that the t...Read More

FXTM: Gold Remains In Range Despite Renewed Weakness

Apr 25 2018 8:01AM / Kitco News

Gold is back on the defensive yet remains within the wide trading band that has been in place all year so far, says Lukman Otunuga, research analyst at FXTM. “An aggressively appreciating dollar, expectations of higher U.S interest rates and easing geopolitical tensions are the most likely culprits for the yellow metal’s depreciation,” the analyst says. “With the dollar exp...Read More

ASIAN MORNING BRIEF 25/04: Copper up while other base metals fall; alumina prices hit fresh high; Freeport's Indonesian unit faces permitting issue

April 25, 2018 / Dalton Barker

The latest news and price moves to start the Asian day on Wednesday April 25.Base metals prices on the London Metal Exchange were broadly lower at the close of trading on Tuesday April 24, with aluminium and nickel continuing to drop while copper bucked the trend. Read more in our live futures report.Here are how prices looked at Tuesday's close:Alumina prices set a fresh multiyear high on April 2...Read More

ASIAN MORNING BRIEF 25/04: Copper up while other base metals fall; alumina prices hit fresh high; Freeport's Indonesian unit faces permitting issue

April 25, 2018 / Dalton Barker

The latest news and price moves to start the Asian day on Wednesday April 25.Base metals prices on the London Metal Exchange were broadly lower at the close of trading on Tuesday April 24, with aluminium and nickel continuing to drop while copper bucked the trend. Read more in our live futures report.Here are how prices looked at Tuesday's close:Alumina prices set a fresh multiyear high on April 2...Read More

Breathing space for aluminium industry following OFAC wind-down extension

April 25, 2018 / Alice Mason

Sanction panic in the aluminium market has calmed following the US Department of the Treasury's Office of Foreign Assets and Control's (OFAC) slight loosening of sanctions involving Rusal material. The OFAC said on April 23 companies now have until October 23, instead of June 5, to wind-down contracts with Rusal. The London Metal Exchange has followed the same guidelines, including the updated sta...Read More

PRICING NOTICE: Clarification on Metal Bulletin's aluminium premiums post-US sanctions on Rusal

April 25, 2018 / Perrine Faye

Metal Bulletin will follow guidance provided by the US Office of Foreign Assets Control (OFAC) and the London Metal Exchange on the treatment of Rusal production when assessing its aluminium premiums.Transactions, bids and offers in the US, Japanese and European markets for Rusal's aluminium ingots and products produced after April 6 will be discarded and not taken into consideration when assessin...Read More

LIVE FUTURES REPORT 25/04: LME zinc falls 2.5%; Ali climbs; tin rebounds

April 25, 2018 / Hassan Butt

Base metals on the London Metal Exchange were mixed at the close of trading on Wednesday April 25, with zinc falling 2.5% after a 30,075-tonne delivery into Antwerp rattled price sentiment.The metal recorded its widest intraday price move in a week, reaching a low of $3,129.50 per tonne.   Positive backdrops continue to support a potential uptrend for zinc however, with Metal Bulletin's...Read More

FOCUS: SHFE nickel price pays little heed to Philippine mining developments while market focuses on stainless, EV demand

April 25, 2018 / Vivian Teo

Despite its potential impact on nickel ore supply, the latest development in the Philippine mining industry is having lesser impact on Shanghai Futures Exchange nickel prices while market participants focus on demand-side issues. SHFE nickel prices have trended down since the most-traded SHFE July nickel contract hit a high of 109,790 yuan ($17,396) per tonne on April 18, the highest since May 201...Read More

Hydro sees 'increased uncertainty' in aluminium market; Q1 primary metal output down 3% q-o-q

April 25, 2018 / Vivian Teo

The global aluminium market is facing "increased market uncertainty" following the United States' import tariffs on the metal, sanctions on UC Rusal and the Brazilian authorities' order to halve production at Alunorte refinery, Norilsk Hydro said on Wednesday April 25. "The US sanctions on Rusal have caused great uncertainty in the world's aluminium markets and will impact trade flows and availabi...Read More

Manganese flake rally continues on supply squeeze; prices jump more than 8%

April 25, 2018 / Ewa Manthey

The manganese supply squeeze continued to push manganese flakes higher this week, with prices climbing more than 8%.Metal Bulletin assessed the manganese flake in-warehouse price at $2,495-2,640 per tonne on Wednesday April 25, up 8.7% from the previous assessment and trading at levels last seen in December 2016. The supply squeeze in Rotterdam and a lack of offers from China have pushed manganese...Read More

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