ZincMini Tips – Zinc Mini BUY Call b8f given at 177.55 (178.15+177) hit SL at price 176.40. Total 1.15 Points per lot SL hit in Zinc Mini tipsb8f : ZINC Calls Today - BUY ZincMini at CMP 178.15 Add more at price 177 with SL 176.40 for Target 179.50 - 180.60 Read More
ZINC Calls Today – BUY ZincMini at CMP 178.15 Add more at price 177 with SL 176.40 for Target 179.50 – 180.60 Read More
Lead Trading – Mcx Lead positional Buy Aug call b85 given at 151.10 CMP 153.20. Low risk taker book 2.1 Points per lot. RISK taker Hold as per tipsTIPS ID b85 : Mcx Lead Tips - BUY Lead Aug at CMP 151.10 Add more at price 148 with SL 146 for Target 155 - 158 Read More
MCX ZINC COMMODITY CALLSZinc Commodity Positional – Zinc Aug Buy Hold positional call b78, given at 174.25 Achieved 1st Target 179. Made 180. Total profit of 5.75 Points per lotCALL ID b78 : Mcx Zinc Positional Call - BUY Zinc August at CMP 174.25 Add more at price 170 with SL Below price 167 for Target 179 - 184.50 Read More
Mcx Copper – Copper Carry Buy Call b80 given at price 417.50 Achieved 1st Target 425. Made 425.50. Total profit of 8 Point x 2 lot = Rs 16000 / 16 PointsTIPS ID b80 : Copper Call – BUY Mcx Copper at CMP 417.50 for Target 425 – 429 with Small SL below price 414. RISK taker trade 2 lots Read More
Zinc Target Today – Zinc BUY Call b86 given today at price 177.10 Achieved 1st Target 178 & 2nd Target 178.80. CMP 179. Total profit of 1.7 Points / Rs 8500 per lotb86 : Mcx Zinc Intraday - BUY Zinc at CMP 177.10 Add more at price 176.30 for Target 178.0 - 178.80 with SL below price 175.90 Read More
Mcx Zinc Intraday – BUY Zinc at CMP 177.10 Add more at price 176.30 for Target 178.0 – 178.80 with SL below price 175.90 Read More
Aluminium Tips Today – SELL Aluminium Jul at CMP 142.30 for Target 140.90 – 140 with SL Above price 143.60 Read More
Central banks remain noted gold buyers and there are signs of demand picking up in India, says Standard Chartered Bank. Gold prices have fallen lately, which the bank blames on U.S. dollar strength. “Physical demand will be key to tracking how solid the floor for prices is, but in the seasonally slow period for demand, it will likely be fragile,” Standard says. “The exception her...Read More
(Kitco News) - Indonesia’s government would become the majority owner of the giant Grasberg copper and gold mine in the country under non-binding agreements reached with mining giants Freeport-McMoRan Inc. (NYSE: FCX) and Rio Tinto, the companies announced Thursday. Indonesian state-owned PT Indonesia Asahan Aluminium (Inalum) would pay $3.85 billion under the deal, Rio Tinto and Freeport s...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
Gran Colombia Gold Corp. (TSX: GCM) has upped its full-year gold-production guidance to more than 200,000 ounces after reporting second-quarter output of 52,906 ounces, up 15% year-on-year. For the first half of 2018, production amounted to 105,578 ounces, up 24% year-on-year. This brings the company’s trailing 12 months of gold production to 194,316 ounces, up 12% from 2017 production of 17...Read More
Here we go again. Gold can't seem to hold a rally and is now testing the bottom of the range. Failure here could be a disaster for the yellow metal, which has struggled mightily since peaking on April 11 at $1,369. Gold is now down almost 10% from those lofty levels, nearing correction territory. The $1,235-$1,240 area is the line in the sand, as failure to hold these levels would bring $1,200 in...Read More
The latest news and price moves to start the Asian day on Thursday July 12.Lead prices on the London Metal Exchange fell by around 5% at the close of trading on Wednesday July 11, topping broad complex losses amid mounting pressure from the ongoing US-China trade spat. Read more in our live futures report. Here are how prices looked at the close of trading:The stainless steel scrap market in...Read More
The latest news and price moves to start the Asian day on Thursday July 12.Lead prices on the London Metal Exchange fell by around 5% at the close of trading on Wednesday July 11, topping broad complex losses amid mounting pressure from the ongoing US-China trade spat. Read more in our live futures report. Here are how prices looked at the close of trading:The stainless steel scrap market in...Read More
The latest news and price moves to start the Asian day on Thursday July 12.Lead prices on the London Metal Exchange fell by around 5% at the close of trading on Wednesday July 11, topping broad complex losses amid mounting pressure from the ongoing US-China trade spat. Read more in our live futures report. Here are how prices looked at the close of trading:The stainless steel scrap market in...Read More
With the exception of aluminium, base metals on the London Metal Exchange staged a modest recovery at the close of trading on Thursday July 12, led by a 2.2% surge in nickel prices, while the market continues to adjust to the escalating trade rift between the US and China."Markets are still waiting for the trade situation to resolve itself; either the escalations continue, or one party or another...Read More
After years of negotiations, the future ownership of the Grasberg copper and gold mine has finally been determined, and it's a win-win outcome. Earlier on Thursday July 12, Rio Tinto and Freeport-McMoRan announced they had reached an agreement with the government of Indonesia that would eventually result in the latter's ownership of Grasberg increasing to 51%. Technically, the deal has been agreed...Read More
State-owned PT Indonesia Asahan Aluminium (PT Inalum) will become a 51% shareholder in Grasberg, the world's second largest copper mine, buying shares from Rio Tinto and Freeport-McMoRan in a deal totaling $3.85 billion, Rio Tinto and Freeport-McMoRan said on Thursday July 12. Rio Tinto has agreed to sell its 40% stake in Grasberg for $3.5 billion, while Freeport will divest a portion of its inter...Read More
Molybdic oxide prices in Europe have added to gains made on Friday amid more buying interest so far this week after higher-priced sales of oxide in Asia affected market sentiment in the West.The move higher in European oxide has pulled up offer prices in the domestic ferro-molybdenum market, although there were fewer reported sales in alloys while market participants wait to see how far the oxide...Read More