Mcx Lead – BUY Lead at CMP 156.10 for Target 157 – 157.80 with SL below price 155AFTER POST CONTENT Read More
Tips for Aluminium – Aluminium SELL Call 7ce given at price 159.30 Achieved 1st Target 158.40 & 2nd Target 158. CMP 157.30. Total profit of 1.4 x 2 lot = 2.8 Points7ce : Aluminium Tips - SELL Aluminium at CMP 159.30 for Target 158.40 - 158 with SL Above price 160.40. Its good to trade 2 to 3 lots todayAFTER POST CONTENT Read More
Today Copper – Copper SELL Call 7cd given at price 459 CMP 457.15. Near to 1st Target. Low risk taker book 1.85 x 2 lot = 3.70 Points / Rs 3700 here7cd : Copper Call - SELL Copper at CMP 459 for Target 457 - 456 with SL Above price 461.20. Trade with 2 lotsAFTER POST CONTENT Read More
Free Zinc Live Tips – Zinc BUY Call 7c5 given at price 206.70 CMP 207.55 (Almost hit 1st Target) Total profit of 0.85 x 2 lot = 1.70 Points7c5 : Intraday Zinc - BUY Zinc at CMP 206.70 for Target 207.60 - 208.20 with SL below price 205.80AFTER POST CONTENT Read More
(Kitco News) - Gold and silver prices are trading near unchanged levels in early-afternoon U.S. trading Monday. A higher U.S. dollar index that scored another four-month high today was bearish for the precious metals. However, rallying crude oil prices that hit new 3.5-year highs today were a bullish element for the metals. June Comex gold futures were last down $0.40 an ounce at $1,314.30. July C...Read More
Aluminium Tips – SELL Aluminium at CMP 159.30 for Target 158.40 – 158 with SL Above price 160.40. Its good to trade 2 to 3 lots todayAFTER POST CONTENT Read More
Copper Call – SELL Copper at CMP 459 for Target 457 – 456 with SL Above price 461.20. Trade with 2 lotsAFTER POST CONTENT Read More
Nickel Tips – BUY Nickel at CMP 940 for Target Small at 946 – 951 with Small SL below price 933.50. Trade with 2 lotsAFTER POST CONTENT Read More
Intraday Zinc – BUY Zinc at CMP 206.70 for Target 207.60 – 208.20 with SL below price 205.80AFTER POST CONTENT Read More
(Kitco News) - Money managers slashed their bullish positioning in gold futures by 61% and flipped back to a net bearish position in silver during the most recent reporting week for data compiled by the Commodity Futures Trading Commission. “The CFTC’s statistics show that speculative market participants were significantly more pessimistic in the week to 1 May,” said a resear...Read More
(Kitco News) - Gold begins the week on a defensive note as the dollar continues well bid. It remains a case where comparisons show U.S. growth continues to outperform the E.U. and Japan. The euro could not recover the 1.20 euro/dollar level last week and the technical picture suggests further “short-term” dollar strength. Repatriation of corporate overseas dollar holdings has also adde...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
The struggles for gold continue, as commercials are short the metal in record numbers. Interestingly enough, their short position in silver has never been this small. The commercials aren't always right, but it's hard to fight them because of the amount of capital they have at their disposal. Gold remains weak and every rally is met by sellers, with gold making lower highs and lower lows, indicati...Read More
SHANGHAI, May 7 (SMM) – This is a roundup of global macroeconomic news last weekend and what is expected today.Last weekendThe US dollar index surged and hit a four-month high at 92.90 last Friday, given the upbeat economic outlook, despite the nonfarm payrolls came out below expectation.Most base metals rose as the US-China trade negotiations made some progress. LME aluminium jumped 2.6% an...Read More
SHANGHAI, May 7 (SMM) – This is a roundup of global macroeconomic news last weekend and what is expected today.Last weekendThe US dollar index surged and hit a four-month high at 92.90 last Friday, given the upbeat economic outlook, despite the nonfarm payrolls came out below expectation.Most base metals rose as the US-China trade negotiations made some progress. LME aluminium jumped 2.6% an...Read More
SHANGHAI, May 7 (SMM) – This is a roundup of global macroeconomic news last weekend and what is expected today.Last weekendThe US dollar index surged and hit a four-month high at 92.90 last Friday, given the upbeat economic outlook, despite the nonfarm payrolls came out below expectation.Most base metals rose as the US-China trade negotiations made some progress. LME aluminium jumped 2.6% an...Read More
Global billet prices moved in different directions during the week ended Friday May 4, with limited supply and improved demand pushing prices up for Southeast Asia's imports, China's domestic market and Turkey's exports.On the other hand, poor demand and market uncertainty led to stable or falling export prices in the Middle East and CIS regions.AsiaSoutheast Asia's billet import prices moved up f...Read More
MMG's Dugald River zinc mine in Australia achieved commercial production on May 1, the company said on Monday May 7.Dugald River has been online since November 8, 2017, with its first shipment of approximately 10,500 wet metric tonnes (wmt) of zinc concentrate to China on December 16.MMG produced 47,138 tonnes of zinc in concentrate in this year's first quarter, up 45% from the previous quarter, i...Read More
Base metals prices on the Shanghai Futures Exchange were broadly up during Asian morning trading on Monday May 7, with the complex benefiting from a slightly easier dollar. The dollar index was down by 0.1% at 92.47 as at 11am Shanghai time, this after it had spiked to a high of 92.91 last Friday despite disappointing US employment data for April - see data section below.Aluminium prices have foun...Read More
ED&F Man Capital Markets Ltd has appointed Fred Demler as the company's executive vice president and global head of metals, the first time the international financial brokerage firm has created such a role. Demler, who will be based in New York, will be responsible for ED&F Man's global sales and trading staff, working with them to help service and develop the firm's growing client base. It marks...Read More