(Kitco News) - As the saying goes: “God is in the details,” and gold investors will have a lot of details to sift through next week that will see two critical economic events.Not only will markets have to navigate a Federal Reserve monetary policy meeting, but April employment data on Friday will also add to the volatility. However, some analysts are skeptical that the events will be a...Read More
Today Nickel – Nickel BUY Call 6fc given at price 945.50 Triggered Small SL hit at price 938.50. Total 7 Points SL hit in Nickel tips6fc : Free Nickel Call - BUY Nickel at CMP 945.50 for Target 953.50 - 959.50 with Small SL below price 938.50AFTER POST CONTENT Read More
ZINC TRADING FREE TIPSZinc Trading Free Tips – BUY Zinc at CMP 209 for Target 210 – 211 with SL below price 208. RISK Taker trade 2 lotsAFTER POST CONTENT Read More
Mcx Zinc Tips Today – Zinc BUY Call 700 given at price 208.65 Achieved 1st Target 209.50. Made High 209.65. Total profit of 1 Points x 2 lot = 2 pointsTIPS ID 700 : Zinc Intraday - BUY Zinc at CMP 208.65 with Small SL 207.95 for Target 209.50 - 210 - 210.70. Trade with 2 lots todayAFTER POST CONTENT Read More
(Kitco News) - Famed hedge fund manager and “bond king of Wall Street” Jeffrey Gundlach continues to be bullish on gold, reiterating his call that when the market breaks above through critical resistance at $1,360 an ounce, gold will push $1,000 higher. According to recent Reuers article, Gundlach presented his bullish case for gold Tuesday at an event for DoubleLine clients. He also s...Read More
(Kitco News) - Sentiment in the gold market is mixed as Wall Street is bearish while Main Street is bullish on the short-term outlook for gold prices, based on the Kitco News weekly gold survey.The market professionals who took part in the Wall Street survey look for further gold declines on signs of peace on the Korean Peninsula, which would mean less safe-haven buying of the precious metal. They...Read More
FREE ZINC INTRADAY TIPSZinc Intraday – BUY Zinc at CMP 208.65 with Small SL 207.95 for Target 209.50 – 210 – 210.70. Trade with 2 lots todayAFTER POST CONTENT Read More
Free Nickel Call – BUY Nickel at CMP 945.50 for Target 953.50 – 959.50 with Small SL below price 938.50AFTER POST CONTENT Read More
Gold prices have remained under pressure in recent days despite a growing laundry list of concerns, from falling equities and rising treasury yields to continued geopolitical worries. To the frustration of many, gold has been unable to break out of its nearly 4-month consolidation between $1300 to $1365 but the miners have been quietly outperforming during the past two months. While the safe have...Read More
Data on China’s gold imports from Hong Kong suggest that Chinese demand for the precious metal has been “subdued,” says Commerzbank. Analysts cite a report from the Census and Statistics Department of the Hong Kong government showing that China imported 59.4 tonnes of gold on a net basis from Hong Kong in March. “Though this was 79% up on the previous month, which was disto...Read More
(Kitco News) - Gold prices are slightly higher in early U.S. trading Friday, on a modest corrective bounce from selling pressure that drove prices to a five-week low overnight. A solid rally in the U.S. dollar index this week is still squelching buying interest in the precious metals. June Comex gold futures were last up $1.10 an ounce at $1,319.30. May Comex silver was last down $0.026 at $16.465...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
Although the recent pattern in gold has become ugly, there should be a dead-cat bounce in the metal in the next couple of days. Gold has been in a consolidation pattern for months and once again the metal is coming down to the bottom end, which suggests a bounce. Even if gold headed lower, which is expected, a healthy bounce to $1,330-$1,340 is in the cards. Gold has become very oversold the last...Read More
SHANGHAI, Apr 27 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index continued to rise overnight, bolstered by strong economic data from the country as well as the 10-year treasury yield breaching the 3% threshold for the first time in four years earlier in the week.LME aluminium jumped 1.6% following news saying that Ole...Read More
SHANGHAI, Apr 27 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index continued to rise overnight, bolstered by strong economic data from the country as well as the 10-year treasury yield breaching the 3% threshold for the first time in four years earlier in the week.LME aluminium jumped 1.6% following news saying that Ole...Read More
SHANGHAI, Apr 27 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index continued to rise overnight, bolstered by strong economic data from the country as well as the 10-year treasury yield breaching the 3% threshold for the first time in four years earlier in the week.LME aluminium jumped 1.6% following news saying that Ole...Read More
The latest news and price moves to start the Asian day on Friday April 27.The latest news and price moves to start the Asian day on Friday April 27.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. Read more here in our live futures report.Here is how prices looked at Thursday's close:Europe...Read More
The latest news and price moves to start the Asian day on Friday April 27.The latest news and price moves to start the Asian day on Friday April 27.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. Read more here in our live futures report.Here is how prices looked at Thursday's close:Europe...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
The US government's easing of sanctions on Rusal benefits the Russian aluminium producer's employees, US consumers of the metal - and any potential buyers of Oleg Deripaska's shareholding, writes Lord Copper."The Moving Finger writes; and, having writ,Moves on: nor all thy Piety nor WitShall lure it back to cancel half a Line,Nor all thy Tears wash out a Word of it."Well, that's what Omar Kayyam s...Read More