Kalo Gold Holdings Corp. reported that results it obtained from an Induced Polarization geophysical survey proved to be instrumental in identifying three additional targets at its Vatu Aurum Gold Project. Canadian gold exploration company Kalo Gold Holdings Corp. (KALO:TSX.V; KLGDF:OTCQB), announced in a news release "an update on exploration activities from multiple targets at Qiriyaga Hill at K...Read More

Export billet prices from the Commonwealth of Independent States increased toward the end of the week after several bookings done at higher prices came to light, sources told Fastmarkets.The Middle East-North Africa (Mena) region including Turkey and the Gulf Cooperation Council (GCC) were not present in the market in the week to Thursday July 22 due to celebrations for the Eid Al-Adha Islami...Read More

Domestic and export prices for Chinese stainless steel prices rose sharply over the week ended Wednesday July 21 on tight supply, which led to increased expectations of an export tariff to ease the shortage.DomesticStainless steel cold-rolled coil 2mm grade 304 domestic (Wuxi): 19,000-20,100 ($2,939-3,109) per tonne, up by 1,000-1,300 yuan per tonne from a week earlierPrices have risen to their hi...Read More

LONDON, 24 June 2021 - Comment from BullionVault features today in the latest gold-price report from leading US investment news-site MarketWatch."Anyone focused on the inflation outlook as a reason to buy or sell gold right now is missing the stock market's big warning signs," the report quotes Adrian Ash, director of research at BullionVault."Valuations are as stretched as any time since the tech...Read More

LONDON, 15 June 2021 - Exclusive analysis from BullionVault features today at popular German investment site Trend Report.Looking at the similarities and differences between gold and cryptocurrencies, the new 'digital assets' are "intangible and an invention that is still very speculative and volatile," says director of research Adrian Ash."Compared to physical precious metals, the price of Bitcoi...Read More

LONDON, 13 June 2021 - Latest trading data from BullionVault today leads a report on why investors should consider gold as an inflation hedge from The Sunday Times, the UK's best-selling 'quality' weekend paper."Bullion can protect your savings from rising prices," says The Times, noting that "demand came back with that surge in May."Net customer buying rose 97.5 per cent in a month, according to...Read More

LONDON, 8 June 2021 - Comment from BullionVault features in a report on the gold price from MSN Money, the investment and finance site from Microsoft's internet portal."Gold's recovery from March's double-low was dramatic, too fast perhaps," the report quotes Adrian Ash, BullionVault director of research."The 10% surge pulled lots of hot money into Comex futures and options, but it left physical d...Read More

LONDON, 3 June 2021 - Leading global news-site Business Insider today reports a jump in client gold demand at BullionVault."BullionVault, which manages $3.9 billion of precious metals, said it saw demand for gold almost double in May as investors made larger allocations to the asset," says the report.Read it in full at Business Insider here:Demand for gold doubled on one major platform in May as c...Read More

LONDON, 19 May 2021 - Comment from BullionVault features today in a report on the gold-price rally from Yahoo Finance, the investment pages of the global internet portal."Whatever role crypto might play today or in future," says BullionVault director of research Adrian Ash, "it can't replace gold as a diversification tool for savers and investors wanting to cut their overall portfolio risk."Read t...Read More

LONDON, 18 May 2021 - Data and comment from BullionVault features today at popular German personal finance website Cash-Online."With the pandemic finally beginning to recede in Europe, inflation is now becoming a major concern for many investors," the report quotes BullionVault analysis."The record government deficits and unprecedented monetary stimulus could be a recipe for a sharp rise in the co...Read More

LONDON, 6 May 2021 - Professional investor magazine Fonds Professionell today quotes BullionVault data and analysis in a report on the changing demand for gold."Data from the global trading company Bullionvault shows interest in buying gold among Western private investors fell in April to its lowest level since the beginning of the corona crisis," says the specialist magazine.You can read the full...Read More

LONDON, 14 April 2021 - Investment ratings and news-service Morningstar today features analysis from BullionVault in a report on volatility in the gold price. Gold "continues to build a base below $1750," says the report, quoting BullionVault director of research Adrian Ash."[But] we could be stuck going sideways here for as long as the base-effect of last spring's Covid crash in commodity pric...Read More

LONDON, 6 April 2021 - Comment on the latest gold-price moves from BullionVault's Adrian Ash, director of research, features in the latest update from MarketWatch, the financial news and views site."Gold has been struggling to compete for attention," says Adrian, and "we haven't seen any meaningful bargain hunting to date.Get the full story, including the latest BullionVault trading data, at Marke...Read More

Powell admits that inflation is well above the Fed’s target, but he still considers it transitory. Gold increased in response – only to fall again.Last week, Powell testified before Congress. On the one hand, Powell admitted in a way that inflation had reached a level higher than expected and is above the level accepted by the Fed in the longer run:Inflation has increased notably and w...Read More

LONDON, 30 March 2021 - Analysis from BullionVault of gold prices around the long Easter weekend today features at German investment magazine Fonds Professionell.The report reviews how seasonal patterns in gold prices have changed in recent years, Ist der Osterhase ein Gold-Investor? Read More

Since the origin of the Federal Reserve in 1913 the US dollar has lost ninety-nine percent of its purchasing power.Not coincidentally, but in direct reflection of the dollar’s loss in purchasing power, the price of gold has multiplied one hundred fold from $20.67 oz to $2060 oz as of August 2020. The chart (source) below shows the ever-increasing price of gold over the past century…...Read More

The world's largest carbon trading market is slowly gaining momentum and will eventually be a key component of China's ferrous industry, market sources told Fastmarkets this week.China kicked off nationwide carbon trading on July 16, with mostly thermal coal-fired power plants participating on the first day. Companies can buy carbon emission quotas from the market, while those with lower emissions...Read More

Domestic and export prices for Chinese stainless steel prices rose sharply over the week ended Wednesday July 21 on tight supply, which led to increased expectations of an export tariff to ease the shortage.DomesticStainless steel cold-rolled coil 2mm grade 304 domestic (Wuxi): 19,000-20,100 ($2,939-3,109) per tonne, up by 1,000-1,300 yuan per tonne from a week earlierPrices have risen to their hi...Read More

Several steelmakers in China stopped issuing export offers this week, while others sharply increased their offer prices to overseas buyers, suggesting that the Chinese government's desire to see production cuts is starting to have an impact.Steel mills, including Shandong Iron & Steel and Yingkou Medium Plate Co, have issued no export offers this week, with limited availability forcing them to pri...Read More

Here are five Fastmarkets stories you might have missed on Thursday July 22 that are worth another look.Production of steel will be halted for at least two weeks in the key Bangladesh market when the country's latest Covid-19-related lockdown starts on Friday July 23, sources have told Fastmarkets.Read More