Mining production? No. China’s consumer demand? No. The main drivers of gold prices are, as I’ve repeated many times, the U.S. dollar and real interest rates. You don’t believe it? You don’t have to – just look at the charts below. The first one displays the greenback and the dollar-denominated price of gold. Because other series start much later, I used here the Trad...Read More

Here are five Fastmarkets stories you might have missed on Friday September 25 that are worth another look.Prices for flat-rolled steel imported into South America took a downturn in the week to September 25 with Chinese mills presenting lower offers amid residual negotiations for November shipments.Brazilian trade chamber Camex confirmed this...Read More

Here are five Fastmarkets stories you might have missed on Friday September 25 that are worth another look.Prices for flat-rolled steel imported into South America took a downturn in the week to September 25 with Chinese mills presenting lower offers amid residual negotiations for November shipments.Brazilian trade chamber Camex confirmed this...Read More

(IDEX Online) - The last sale of pink diamonds before the iconic Argyle mine closes will have a Japanese theme.The invitation-only tender will take its inspiration from Ichi-go ichi-e - Japan's cultural concept of treasuring the unrepeatable nature of a moment.The mine in the remote East Kimberley region Western Australia has been the source of 90 per cent of the world's pink diamonds fo...Read More

(IDEX Online) -  Consumers are more likely to buy jewelry in the next six months than at any other time during the pandemic, says De Beers.Its monthly research into diamond spending during the COVID-19 crisis reveals what it calls a "glimmer of optimism".Both men and women are more likely to purchase or receive diamond jewelry in the next six months, compared to previous coronavirus waves. Wo...Read More

Tesla used its Battery Day event to announce it intends to use more US-sourced nickel in its cathode battery production and less cobalt.Read full newsRead More

Gold on the weekly price chart looks like this: The price remains in an uptrend despite this week's sell-off - at least, on the weekly time frame.Read full newsRead More

Meet Leon and Peter Gianni - the modern dayRead full newsRead More

The stock markets around the world regained most of their lost ground amid the virus-led selloff. The strong liquidity, thanks to the massive government stimulus packages and investors’ optimism over the reopening of the economy, led to one of the fastest recoveries in the stock market’s history.However, the quick recovery amid rising COVID-19 infections is leading many to believe that...Read More

The selloff continues. The S&P 500 is now 8% off its record high set earlier this month. The NASDAQ is 10% off. Gold is now down around 10% from its record high as well. This isn't a doom piece. The S&P had a gap to fill from when everyone thought the world was going to end in March. A little strength in the dollar. A dash of volatility in the couple tech stocks propping the whole thing up.....Read More

Here are five Fastmarkets stories you might have missed on Monday September 28 that are worth another look....Read More

The three-month price of zinc on the London Metal Exchange was the standout performer at the close of trading on Monday September 28, rallying during afternoon trading to push firmly above the $2,400-per-tonne threshold.Tin, meanwhile, continued to recover after slipping below nearby support during the morning trading session.Zinc's outright price on the LME closed at $2,432 per tonne on Monday af...Read More

Bob Moriarty ArchivesSep 28, 2020Back in July I wrote a short piece about Cabral Gold (CBR-V CBGZF-OTCBB). Shares were $.155 apiece then, now up 300% even within a two-month correction. After last week’s announcement it should be obvious to investors just why.Overall we have had some giant moves in both gold and silver since the March lows. And the Fed and other central banks have made it cl...Read More

Here are the key takeaways from Fastmarkets' International Aluminium Conference that took place on Monday September 21-Wednesday September 23. Low-carbon aluminium Low-carbon aluminium is a huge talking point in the market right now and the conference dedicated a day to sustainability. Sustainability directors from Rio Tinto, Norsk Hydro, UC Rusal and Alcoa participated in a panel discussion discu...Read More

Jack ChanPosted Sep 28, 2020Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on SELL signal. Short-term signals can last for days and weeks and are more suitable for traders.COT data favors overall lower gold prices.COT data favors overall lower silver prices.Our ratio gave a very timely SELL sig...Read More

Sentiment was buoyed by renewed hopes of US fiscal stimulus, and improvements in industrial companies' profits in China, ahead of the country's Golden Week holiday which begins on October 1.There was keen interest in lithium stocks following Tesla's news it planned to build a lithium hydroxide chemical plant in Texas; and Piedmont Lithium confirmed a spodumene sales agreement with the EV manufactu...Read More

It's the second time in a year Vale has had to suspend Viga's concentration plant.It estimated impact of the latest temporary stoppage was about 11,000 tons of iron ore fines per day.Vale said the B7 dam was suspended on September 24 in compliance with a court decision regarding a public civil action filed by the municipality of Jeceaba.It said as a result, Viga's concentration plant was also susp...Read More

Here are the key takeaways from Fastmarkets' International Aluminium Conference that took place on Monday September 21-Wednesday September 23. Low-carbon aluminium Low-carbon aluminium is a huge talking point in the market right now and the conference dedicated a day to sustainability. Sustainability directors from Rio Tinto, Norsk Hydro, UC Rusal and Alcoa participated in a panel discussion discu...Read More

Seaborne prices for both low and high-grade manganese ore in China were rangebound in the week to Friday September 25, although moving in slightly divergent trends amid a persistently poor market sentiment following continued weakness in both the portside ore and alloy futures markets, sources said.Fastmarkets' manganese ore index, 37% Mn, cif Tianjin was $4.27 per dry metric tonne unit (dmtu) on...Read More

METS listings have been pretty few and far between. Mader Group joined the ASX about a year ago and since then Dynamic Drill and Blast has been about the only other company to step up.Read More