Key data from the Wednesday April 18 pricing session in Shanghai.Key drivers- Export and domestic aluminium ingot ADC 12 prices in China rose slightly in response to higher global primary aluminium prices.- The London Metal Exchange's three-month aluminium contract closed the official session at $2,548 per tonne on...Read More
ZK International Group intends to build a new mill in its native China, to capture a larger share of the demand for stainless and carbon steel pipe that is vitally needed for water and natural gas transmission in the nation's immense infrastructure build-out.ZK also may seek acquisitions of existing pipe-making facilities while it attempts to quintuple production within about three years. The...Read More
Copper – Only Risk taker SELL Copper at CMP 457.20 for Target 454.50 – 453.20 with SL Above price 460.60AFTER POST CONTENT Read More
Aluminium Free Tips – Aluminium Sell call 628 given at price 165.75 CMP 165.80. Low risk taker may book 0.95 x 2 lot = 1.90 Points628 : Aluminium Free Tips (Loss Recovery) - SELL Aluminium at CMP 165.75 for Target 164.50 - 163.50 with SL Above price 167.10. Trade 2 lotsAFTER POST CONTENT Read More
Aluminium Free Tips (Loss Recovery) – SELL Aluminium at CMP 165.75 for Target 164.50 – 163.50 with SL Above price 167.10. Trade 2 lotsAFTER POST CONTENT Read More
Gold prices traded higher on the day, although they were limited by a stronger U.S. dollar. The same cannot be said for silver and palladium. Although gold gained 0.21% on the day, those gains were dwarfed in comparison to silver’s 2.43% and palladium’s 2.11% daily gain today. Silver opened above its 200-day moving average for the first time since February 1 of this year. Although, in...Read More
Zinc Today – Zinc SELL Call 617 given at price 209.75 Triggered SL at Price 210.80. Total 1.05 Points S L hit in Zinc TipsAFTER POST CONTENT Read More
(Kitco News) - Even with Wednesday’s silver rally, the precious metal is still significantly undervalued, said Goldmoney. But, all of that is about to change, with a more than 30% jump in prices coming our way.“Silver prices are trading almost 25% below the values predicted by our price model,” Goldmoney’s VP and lead researcher Stefan Wieler said in a report published on W...Read More
NEW YORK (Reuters) - Oil futures jumped nearly 3 percent on Wednesday on a decline in U.S. crude inventories and after sources signaled top exporter Saudi Arabia wants to see the crude price closer to $100 a barrel.OPEC’s new price hawk Saudi Arabia would be happy for crude to rise to $80 or even $100, three industry sources said, a sign Riyadh will seek no changes to a supply-cutting deal e...Read More
Nickel Carry Call – SELL Nickel at CMP 964 Add more at price 970 with SL Above 975.50 for Target 954 – 946AFTER POST CONTENT Read More
Aluminium Tips – SELL Aluminium call 619 given at price 161.40 Triggered SL at price 162.50. Total 1.10 Points SL hit619 : Aluminium Intraday Call - SELL Aluminium at CMP 161.40 for Target 160.20 - 159.70 with SL Above price 162.50AFTER POST CONTENT Read More
Aluminium Intraday Call – SELL Aluminium at CMP 161.40 for Target 160.20 – 159.70 with SL Above price 162.50AFTER POST CONTENT Read More
Intraday Zinc Tips – SELL Zinc at CMP 209.75 for Target 208.65 – 208 with SL Above price 210.80AFTER POST CONTENT Read More
(Kitco News) - Gold and silver prices were higher in early-afternoon U.S. trading Wednesday. Silver prices hit a 2.5-month high and are trading well above $17.00. The chart postures for both metals are tilted more in favor of the bulls this week, which is inspiring technically based buying interest. June Comex gold futures were last up $4.40 an ounce at $1,353.90. May Comex silver was last up $0...Read More
(Kitco News) - One of Canada’s most renowned gold mining companies is wading into the base metals sector, particularly zinc, as prices continue to trade near their highest level in more than ten years.Osisko Metals is celebrating its first year of operation as it continues to develop two of Canada’s most prominent past producing zinc mining camps.The Osisko brand is more known for its...Read More
Copper Tips – Copper SELL Call 60e given at price 447.40 Triggered SL at price 450. Total 2.6 Points SL hit in Copper call60e : Copper Intraday - SELL Copper at CMP 447.40 for Target 445 - 444 with SL Above price 450AFTER POST CONTENT Read More
(Kitco News) - With last year’s equity momentum gone, the best strategy in the marketplace, which is largely ignoring the Federal Reserve’s monetary tightening, is to buy gold, according to one strategist.“2017 has left the building,” chief investment strategist at 3EDGE Asset Management LP Fritz Folts told Bloomberg earlier this week. “We will definitely have more vo...Read More
Tips for Aluminium – SELL Aluminium at CMP 160.75 Add if Price 161.85 With SL above 162.90 For Target 156.50 – 155AFTER POST CONTENT Read More
Copper Intraday – SELL Copper at CMP 447.40 for Target 445 – 444 with SL Above price 450AFTER POST CONTENT Read More
A few weeks ago, I alerted you to the bullish situation being created in the silver market since the global equity panic ended on February 9th. A few hours ago, the silver price began to take off like a scalded cat without any recognizable catalyst, other than the reasons I spoke of in this article. Based on the extreme bearishness of the speculator positions in the latest silver Commitment of Tra...Read More