Aluminium Target – Aluminium April Sell hold call 29e given at price 132.85 Achieved 1st Target 130.50. Made 130.45. Total profit of 2.35 Points / Rs 11750TIPS ID 29e : Today Aluminium Hold Tips - SELL Aluminium APRIL at CMP 132.85 Hold for 2 days for Target small at price 130.50 - 129.60 with SL Above 133.50AFTER POST CONTENT Read More
(Kitco News) - There are no visible triggers that could put a cap on the gold-silver ratio, ICBC Standard Bank said in a report.The gold-silver ratio has been trading at around 80 recently, nearing two-year highs on silver’s underperformance.“[The ratio] has not [traded] sustainably [above that level] since the early 1990s,” analyst at ICBC Marcus Garvey said in a report publishe...Read More
MCX NICKEL TIPS FREENickel Tips Free – Nickel BUY Carry call 31c given at price 853.50 Achieved 2nd Target 870. Made 870.80. Total profit of 16.5 Points per lot in nickel callTIPS ID 31c : Nickel Carry Call - BUY Nickel April at CMP 853.50 for Target 865 - 870 with SL below price 845AFTER POST CONTENT Read More
Copper Mcx – Copper Buy Call 32f given at price 436.70. CMP 439. Total profit made 2.3 x 2 lot = 4.6 Points Profit32f : Tips for Copper - BUY 2 lot Copper April at CMP 436.70 Small Target 438.80 - 439.90 with SL below price 434.90AFTER POST CONTENT Read More
The first quarter of 2018 concluded today, and as far as gold pricing goes, this marks the third consecutive quarter of positive price gains. However, first-quarter gains were the smallest gains for any quarter over the last seven years. Gains this quarter were a tepid 1.8% with gold moving from $1300 to close today at $1325.It is also clear when looking at a quarterly gold chart that we have been...Read More
Tips Copper – Copper BUY Call 32f given at price 436.70 CMP 438.40. Near to Target. profit chance of 1.7 x 2 lot = 3.40 Points / Rs 340032f : Tips for Copper - BUY 2 lot Copper April at CMP 436.70 Small Target 438.80 - 439.90 with SL below price 434.90AFTER POST CONTENT Read More
Tips for Copper – BUY 2 lot Copper April at CMP 436.70 Small Target 438.80 – 439.90 with SL below price 434.90AFTER POST CONTENT Read More
TODAY INTRADAY ALUMINIUM CALLIntraday Aluminium – SELL Aluminium April between 131.40 – 131.50 (CMP 131.45) Add more at price 132.10 with SL Above 132.60 for Target 130.35 – 129.70. RISK taker trade 2 lotsAFTER POST CONTENT Read More
Today Zinc Tips – High RISK taker Sell Zinc Mini April at CMP 215.70 Add more at price 216.40 with SL Above price 217 for Target 214.5 – 213.80AFTER POST CONTENT Read More
Nickel Commodity – Mcx Nickel BUY Carry call 31c given at price 853.50. Achieved 1st Target 865. Made 866.10. Total profit of 11.5 Points per lotTIPS ID 31c : Nickel Carry Call - BUY Nickel April at CMP 853.50 for Target 865 - 870 with SL below price 845AFTER POST CONTENT Read More
(Kitco News) - Frustration is starting to build among gold investors, but analysts are encouraging them to keep the faith as the market still has potential to break through $1,400 an ounce eventually.While the breakout may not be on the horizon in the short-term, many analysts think that it is only a matter of time and instead of giving up, many analysts see a drop back to the lower end of its cur...Read More
(Kitco News) - Gold prices were ending the U.S. day session slightly lower Thursday, on some chart consolidation after this week’s stronger selling pressure that did produce some near-term technical damage. The gold market is now short-term oversold, technically, and due for a corrective bounce early next week. April Comex gold futures were last down $2.00 an ounce at $1,322.20. May Comex si...Read More
(Kitco News) - Sentiment in the gold market is stuck in neutral with Wall Street voters are split on the direction of gold prices next week, based on the Kitco News gold survey. Wall Street Bullish Bearish Neutral Bulls say gold looks oversold after this week’s decline, plus they cite ongoing geopolitical uncertainty and a view that the U.S. dollar will give up some of it...Read More
(Kitco News) - South African producer Gold Fields Ltd. (JSE: GF; NYSE: GFI) is buying a 50% joint-venture interest in Asanko Gold Inc.’s (TSX: AKG, NYSE American: AKG) Asanko Gold Mine and other properties in Ghana, with the deal valued at $202.6 million, the companies announced Thursday. Canada-based Asanko has a 90% interest in the Asanko Gold Mine. The government holds the other 10%. Asan...Read More
(Kitco News) - In its continued bid to bring innovation to the precious-metals sector, one of the world’s biggest gold miners has embraced a new blockchain-based digital marketplace.Goldcorp (NYSE: GG, TSX: G) announced Thursday that it placed 3,000 ounces of gold, valued at $4 million, in Tradewind Inc.'s newly launched digital market, VaultChain. Tradewind described the investment as the &...Read More
(Kitco News) - Gold prices continue to be hemmed in a relatively tight range. Earlier in the week, we suggested that gold's momentum, after the Fed rate increase last week, had the potential to break the metal to the upside but that further dollar weakness would be necessary to break the key $1,357 level. Technical traders sold heavily at resistance, as the dollar staged a reversal and some fundam...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 Thursday March 29.Base metals prices on the London Metal Exchange generally ended higher at the close of trading on Wednesday March 28, with only aluminium and zinc trading lower. Read more in our live futures.Here are how LME prices looked at Wednesday's close:Indonesia's Gresik copper smelter in eastern Java will shut down for up to 10 da...Read More
The latest news and price moves to start the Asian day on Thursday March 29.Base metals prices on the London Metal Exchange generally ended higher at the close of trading on Wednesday March 28, with only aluminium and zinc trading lower. Read more in our live futures.Here are how LME prices looked at Wednesday's close:Indonesia's Gresik copper smelter in eastern Java will shut down for up to 10 da...Read More
Base metals prices on the London Metal Exchange were split into two camps at the close on Thursday March 29 ahead of the market shutting down for a long Easter weekend.The three-month aluminium price closed 1.5% lower as it hit a low of $1,996 per tonne - the lowest since August 8, 2017. "Aluminium therefore cost nearly $300 less than the multi-year high it achieved in early January. Almost all of...Read More