Mcx Lead Today – Today BUY 3 Lots Lead at CMP 155.70 for Target 156.20 – 156.60 with Small SL below price 155.25AFTER POST CONTENT Read More
NICKEL CALLNickel Call Today – Nickel BUY Call 530 given at price 894 CMP 892. EXIT with 2 points LOSS here… Looks resists530 : Nickel Call - BUY Nickel at CMP 894 for Target small 900 - 906 with Small SL 889AFTER POST CONTENT Read More
(Kitco News) - Money votes with its feet, and capital flows out of the country show that investors are no longer interested in Canada as a place to do business, according to Shark Tank star and chairman of O’Shares ETFs, Kevin O’Leary. “The thing about money is that it has no political affiliation. It doesn’t care. It looks to the path of least resistance, and that path is...Read More
(Kitco News) - Gold and silver prices were ending the U.S. day session with solid gains Wednesday, on safe-haven demand. Gold hit a seven-week high today and silver notched a two-month high. There is elevated anxiety in the marketplace at mid-week regarding U.S. military intentions after Syria used poisonous gas on its civilians. President Trump tweeted today, warning Russia that U.S. missiles are...Read More
Nickel Call – BUY Nickel at CMP 894 for Target small 900 – 906 with Small SL 889AFTER POST CONTENT Read More
Copper Tips Today – SELL Copper at CMP 448.85 for Target 446 with SL Above price level 450.20 (SMALL SL)AFTER POST CONTENT Read More
Mcx Zinc – BUY Zinc at CMP 211.65 for Target 212.45 – 212.90 with SL below price 210.55. RISK Taker trade 2 lotsAFTER POST CONTENT Read More
Safe-haven flows into the gold market have continued as the world awaits a possible U.S. military response to suspected chemical-weapons attacks in Syria, says SP Angel. The commodities brokerage cites news reports that flights of coalition aircraft have been spotted near the Syria-Iraq border, and U.S. President Donald Trump intensified preparations for a response by cancelling a planned weekend...Read More
(Kitco News) - Gold prices are once again testing the top end of their recent range as escalating geopolitical tensions grip financial global markets, according to analysts. Gold is solidly higher Wednesday morning as markets digest the most recent comments from U.S. President Donald Trump, who in a Twitter comment warned of imminent military action in Syria. June gold futures last traded at $1,35...Read More
(Kitco News) - Gold prices pushed to session highs after U.S. inflation data came in weaker than expected.Wednesday, the U.S. Labor Department said its U.S. Consumer Price Index fell 0.1% in March, after increasing 0.2% in February. The drop was weaker than expected as consensus forecasts were calling for an unchanged reading.The decrease in inflation pressures did not have a major impact on the a...Read More
Torex Gold Resources Inc. (TSX: TXG) says the company has been notified by the Federal Labor Board that the Los Mineros Union has withdrawn a challenge to be the legally constituted union for ELG Mine Complex employees in Mexico. This means there is no longer a choice between unions to be made by employees, the company says. Union-related issues had resulted in blockades during the last half year....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 latest news and price moves to start the Asian day on Wednesday April 11.Base metals prices on the London Metal Exchange continued to climb at...Read More
The latest news and price moves to start the Asian day on Wednesday April 11.Base metals prices on the London Metal Exchange continued to climb at...Read More
Aluminium continued to rally on the London Metal Exchange at the close of trading on Wednesday April 11, climbing 1.7% and recording its highest close since January 2.The spike in the metal's three-month price comes after the USplaced sanctions against key Russian firms, notably Rusal, prompting tightermarkets.Following the announcement, the LME implemented a, "temporary conditional suspension" on...Read More
Brazil's aluminium industry will request the government to increase by 50% the volume of the import tax-free quota for ingot from July onward due to supply constraints and a modest demand recovery, Metal Bulletin understands. The industry expects to have 270,000 tonnes of unwrought aluminium exempted from the 6% import tariff for a 12-month period, from the current quota of about 180,000 tonnes, a...Read More
Codelco will play a small role in the lithium market and has no plans to compete with some of the world's giants in the field, according to the chairman of the Chilean state-run copper producer.Enthusiasts should "curb your enthusiasm" for Codelco's involvement, Oscar Landerretche said, adding that the company was in no immediate rush to develop its two lithium projects in Chile's northern region...Read More
Codelco will play a small role in the lithium market and has no plans to compete with some of the world's giants in the field, according to the chairman of the Chilean state-run copper producer.Enthusiasts should "curb your enthusiasm" for Codelco's involvement, Oscar Landerretche said, adding that the company was in no immediate rush to develop its two lithium projects in Chile's northern region...Read More
Copper miner Antofagasta is evaluating two options for expansion of its Centinela copper operations in Chile, and will approve one by the end of the year, the company's chief executive officer told Metal Bulletin.Expansion is part of a plan to use the company's capital for growth in a disciplined manner and to ensure that Antofagasta maximizes the returns on its investment, Iv??n Arriagada said du...Read More
Supply of copper concentrate will remain tight for another five years due to a lack of new mining projects and excess smelting capacities, Codelco's new commercial vice president, Roberto Ecclefield, said. "We see five more years of very tight markets - there is plenty of treatment capacities but the problem is the lack of concentrates," he told Metal Bulletin on Tuesday April 10 during Cesco Week...Read More