Today lead Tips – lead Sell call 6e3 given at price 154 CMP 153.30. Low risk trader book 0.7 x 2 lot = 1.40 Points at CMPTIPS ID 6e3 : Mcx Lead – SELL Lead at CMP 154 for Target 153 – 152.60 with SL Above price 155. RISK Taker trade 2 lotsAFTER POST CONTENT Read More
Copper Commodity – Copper Sell call 6e5 given at price 459.90 Achieved 2nd Target 456. CMP 455.40. Total profit of 3.9 x 2 lot = 7.8 Points / Rs 78006e5 : Tips for Copper - SELL Copper at CMP 459.90 for Target 457.50 - 456 with SL Above price 462.60, RISK Taker trade 2 lotsAFTER POST CONTENT Read More
Copper Target Live – copper sell call 6e5 given at price 459.90 Achieved 1st Target 457.50 (Made CMP Low 457.50) Total Profit of 2.20 x 2 lot = 4.40 Points6e5 : Tips for Copper – SELL Copper at CMP 459.90 for Target 457.50 – 456 with SL Above price 462.60, RISK Taker trade 2 lotsAFTER POST CONTENT Read More
(Kitco News) - Gold and silver prices are weaker in early-afternoon U.S. trading Thursday. Gold prices dropped to a five-week low, while silver hit a three-week bottom. Slight gains seen at the start of North American trading were eroded by late-morning as the U.S. dollar index pushed higher and hit another 3.5-month high. Gains in U.S. stock indexes amid an improvement in investor risk appetite t...Read More
(Kitco News) - The U.S. Dollar has pushed to its highest level since mid-January, which has driven gold prices to a one-month low, but one gold market analyst said that it is essential for investors to pay attention to the long-term trend.George Milling-Stanley, head of gold investments at State Street Global Advisors, the marketing agent of the largest gold-backed exchange traded fund, SPDR Gold...Read More
Tips for Copper – SELL Copper at CMP 459.90 for Target 457.50 – 456 with SL Above price 462.60, RISK Taker trade 2 lotsAFTER POST CONTENT Read More
Mcx Lead – SELL Lead at CMP 154 for Target 153 – 152.60 with SL Above price 155. RISK Taker trade 2 lotsAFTER POST CONTENT 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
Editor's Note: The article was updated to reflect a drop in prices.(Kitco News) -The gold market is unable to hold gains as the euro drops gains against the U.S. dollar following optimistic comments from European Central Bank president Mario Draghi. The ECB remains confident that the eurozone economy will continue to trend upwards through the rest of the year despite a recent wave of lackluster g...Read More
(Kitco News) - Newmont Mining Corp. (NYSE: NEM) Thursday reported a rise in its first-quarter profit as the price of gold climbed, although production eased from the same quarter a year ago. Net income attributable to shareholders was listed at $192 million, or 36 cents per share, compared to $47 million, or 9 cents, in the same quarter a year ago.The company put its adjusted net income at&nb...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
As the U.S. dollar is breaking out to the upside, gold failed to hold the higher support level established a couple of weeks ago at $1,330. The dollar breakout should add pressure to dollar-denominated commodities, especially the metals. Gold has struggled for months and the new-found strength in the dollar is not going to be helpful for the price of gold. The current price action in gold indicate...Read More
OceanaGold Corp. (TSX/ASX: OGC) reports a higher first-quarter profit as gold prices rose. The company lists net income of $44.5 million, or 7 cents per share, that was up from $36 million, or 6 cents, in the same quarter a year ago. The average realized gold price was $1,340 an ounce. “Operationally, gold production was generally in line with our expectations, despite a severe cold weather...Read More
SHANGHAI, Apr 26 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightAs the US treasury yields continued their upward movement, the US dollar index hit a three-month high and closed at 91.25 overnight.Base metals saw weak performance under pressure. LME and SHFE zinc tumbled over 2% as LME inventories jumped 15.5%. SHFE aluminium and tin inc...Read More
SHANGHAI, Apr 26 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightAs the US treasury yields continued their upward movement, the US dollar index hit a three-month high and closed at 91.25 overnight.Base metals saw weak performance under pressure. LME and SHFE zinc tumbled over 2% as LME inventories jumped 15.5%. SHFE aluminium and tin inc...Read More
SHANGHAI, Apr 26 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightAs the US treasury yields continued their upward movement, the US dollar index hit a three-month high and closed at 91.25 overnight.Base metals saw weak performance under pressure. LME and SHFE zinc tumbled over 2% as LME inventories jumped 15.5%. SHFE aluminium and tin inc...Read More
The latest news and price moves to start the Asian day on Thursday April 26.Base metals on the London Metal Exchange were mixed at the close of trading on Wednesday April 25, with zinc falling nearly 2.5% after a 30,075-tonne delivery into Antwerp rattled price sentiment. Read more in our live futures report.Here are how prices looked at Wednesday's close:Comex copper prices dipped in morning...Read More
The latest news and price moves to start the Asian day on Thursday April 26.Base metals on the London Metal Exchange were mixed at the close of trading on Wednesday April 25, with zinc falling nearly 2.5% after a 30,075-tonne delivery into Antwerp rattled price sentiment. Read more in our live futures report.Here are how prices looked at Wednesday's close:Comex copper prices dipped in morning...Read More
Base metal prices on the London Metal Exchange steadied at the close of trading on Thursday April 26, while aluminium climbed 1.3% during the afternoon. "Afternoon news that Oleg Deripaska has no plans to restructure Rusal, sent aluminium prices quickly higher, through $2,300-2,315.20 per tonne area, adding to underlying market volatility and tightening of the spreads," Liz Grant, senior account e...Read More
While not exactly a "State-Of-The-Union" address this week, the London Metal Exchange's Update Forum in London - open to all - was a useful pit-stop event on what is gearing up to be a busy few months in its unfolding Strategic Pathway. On a widespread and varied menu, LME decisionmakers outlined current thinking and plans across the board. Among these are a couple of potentially tricky initiative...Read More