(Kitco News) - Streaming company Wheaton Precious Metals Corp. (TSX, NYSE: WPM) late Wednesday reported that its adjusted profit in the fourth quarter was comparable to the same period a year ago.Adjusted net earnings were listed $82.3 million, or 19 cents per share, compared to $81.9 million, also 19 cents, in the fourth quarter of 2016. Fourth-quarter cash flow was $165 million, compared to $175...Read More
The much-anticipated FOMC meeting concluded today, resulting in an announcement that they will raise the Fed funds rate by 25 basis points (1/4%). This was in complete alignment with existing market sentiment. They also announced that they would stay the course and are projecting a total of two more rate hikes this year, for a total of three rate hikes in 2018.Although the 25-basis point rate hike...Read More
(Kitco News) - The gold market pushed to a two-week high, posting its best gains since last month’s equity market meltdown as the Federal Reserve disappointed U.S. dollar bulls after projecting only three rate hikes this year, according to some analysts.The gold market is trading just down from session highs, benefiting from the fact that the Federal Reserve is in no hurry to raise interest...Read More
Mcx Zinc Target Call – Zinc BUY Call 1d8 given at price 208.50 Achieved 1st 209.90 & 2nd Target 210.50. CMP 210.90. Profit of 2 Point x 2 lot = 4 PointsTIPS ID 1d8 : Free Zinc Tips Today - BUY 2 lot Mcx Zinc March at CMP 208.50 for Target 209.90 - 210.50 with SL below price 207.40AFTER POST CONTENT Read More
(Kitco News) - Gold and silver prices are solidly higher in afternoon U.S. trading Wednesday, on short covering and bargain hunting following recent selling pressure. Prices extended already-good gains after the FOMC statement was issued. Gold prices have come down a bit from their highs, however. April Comex gold futures were last up $15.00 an ounce at $1,327.10. May Comex silver was last up $0.3...Read More
Free Zinc Calls – Zinc Commodity BUY Call 1d8 Given at price 208.50 Achieved 1st Target 209.90 CMP 210.10. Total profit of 1.6 x 2 lot = 3.20 PointsTIPS ID 1d8 : Free Zinc Tips Today - BUY 2 lot Mcx Zinc March at CMP 208.50 for Target 209.90 - 210.50 with SL below price 207.40AFTER POST CONTENT Read More
(Kitco News) - Gold prices are holding on to daily gains as the Federal Reserve maintains its forecast that it will raise interest rates only three times this year, while signaling more rate hikes in 2019 and 2020As widely expected, the U.S. central bank raised interest rates by 25 basis points, pushing the federal funds rate to a range between 1.50% and 1.75%. However, most investors were focus...Read More
Aluminium Tips Live – Aluminium SELL Call 1d2, Given at Price 134.80 Achieved Target level 134. CMP 133.80. Total profit of 0.80 x 2 lot = 1.60 PointsTIPS ID 1d2 : Today Aluminium Intraday - SELL 2 lot Aluminium at CMP 134.80 for Small Target 134.0 with Small SL Above 135.70AFTER POST CONTENT Read More
(Kitco News) - The Goldman Sachs Commodity Index (GSCI) is a basket of several major raw commodity futures prices, including grains, energies, international foods, metals and livestock, rolled into one composite index. The index is a good gauge of the general trend of the raw commodity sector. See on the weekly GSCI chart that prices are still in an uptrend that began in early 2016. In fact, recen...Read More
FREE ZINC TIPS TODAYFree Zinc Tips Today – BUY 2 lot Mcx Zinc March at CMP 208.50 for Target 209.90 – 210.50 with SL below price 207.40AFTER POST CONTENT Read More
(Kitco News) - Although Goldman Sachs is optimistic on gold prices this year, the investment firm sees the most potential in copper.In its latest research, led by commodity analyst Matthew Korn, Goldman said that it is bullish on copper as the market faces impending supply issues. For this reason, analysts see mining giant Freeport-McMoRan (NYSE: FCX) as a good investment. The bank has a price tar...Read More
TODAY ALUMINIUM INTRADAYToday Aluminium Intraday – SELL 2 lot Aluminium at CMP 134.80 for Small Target 134.0 with Small SL Above 135.70AFTER POST CONTENT Read More
The latest news and price moves to start the Asian day on Wednesday March 21.Base metals prices on the London Metal Exchange closed lower across the board on Tuesday March 20, with copper falling to a new 2018 low. Read more in our live futures report.Here are how LME prices looked at Tuesday's close:Comex copper prices tumbled to the lowest level since mid-December after investors moved to t...Read More
The latest news and price moves to start the Asian day on Wednesday March 21.Base metals prices on the London Metal Exchange closed lower across the board on Tuesday March 20, with copper falling to a new 2018 low. Read more in our live futures report.Here are how LME prices looked at Tuesday's close:Comex copper prices tumbled to the lowest level since mid-December after investors moved to t...Read More
The latest news and price moves to start the Asian day on Wednesday March 21.Base metals prices on the London Metal Exchange closed lower across the board on Tuesday March 20, with copper falling to a new 2018 low. Read more in our live futures report.Here are how LME prices looked at Tuesday's close:Comex copper prices tumbled to the lowest level since mid-December after investors moved to t...Read More
Base metals prices on the London Metal Exchange closed higher across the board on Wednesday March 21 after the dollar weakened slightly. The three-month copper price staged a recovery back toward the $6,800 per tonne support level. The red metal has come under pressure in recent days following easing supply concerns. Aluminium and nickel price remained rangebound, both closing marginally higher wh...Read More
Major international mining companies active in the Democratic Republic of Congo (DRC) previously supported work on the new mining code by the country's Chamber of Commerce and are unfair to criticize the association, it said. The country's largest foreign miners, including Randgold Resources, AngloGold Ashanti, Glencore plc, Ivanhoe Mines, Gold Mountain International/Zijin Mining Group, MMG (PTY)...Read More
Comex copper prices bounced back on Wednesday March 21 ahead of the conclusion of the US Federal Reserve meeting with the dollar experiencing a bout of weakness. Copper for May settlement on the Comex division of the New York Mercantile Exchange inched up 0.75 cents or 0.3% to $3.0455 per lb. Yesterday, the contract hit a three-month low. "Today, the Fed concludes its two-day policy meeting which....Read More
Buying from Chinese manganese smelters might slow down but strong market fundamentals will support manganese prices, participants said during a panel discussion at the Asian Ferro-Alloys Conference in Hong Kong on Wednesday March 21.On the supply side, current inventories at the Chinese ports of Tianjin and Qinzhou are around 2.0-2.1 million tonnes, according to Metal Bulletin's assessment on Marc...Read More
Key data from the Wednesday March 21 pricing session in Europe.Ferro-titanium 70% (max 4.5% Al), $ per kg, delivered duty-paid in EuropeTodayPreviousChange to midpoint of rangeMidpoint % change4.655.3-0.075-1Titanium scrap turnings, unprocessed (max 0.5% Sn) $ per lb, cif European ports Titanium scrap turnings, unprocessed (0.5-2% Sn), $ per lb, cif European ports...Read More