The CIS export rebar and wire rod market have not seen any significant price changes over the week ended Monday June 25 amid limited trading activity.Some participants from the Middle East and Africa returned to the market by the middle of last week after the Eid-al Fitr celebration, marking the end of the Islamic holy month of Ramadan, while some are returning to business only this week so purcha...Read More

LONDON (LPC) - Blackstone (BX.N) has launched a $5.5 billion bridge loan to support the pending bond issuance for its acquisition of a majority stake in Thomson Reuters’ (TRI.TO) Financial and Risk division (F&R), which is expected to complete later this year.The $5.5 billion bridge loan is separate from an US$8bn equivalent term loan B portion of Blackstone’s $13.5 billion loan an...Read More

(Reuters) - U.S. stocks opened higher on Tuesday, with tech stocks leading a turnaround, a day after the S&P 500 posted its steepest one-day loss since early April on fears of a spiraling trade dispute between the United States and other major economies.The Dow Jones Industrial Average .DJI rose 29.09 points, or 0.12 percent, at the open to 24,281.89. The S&P 500 .SPX opened higher by...Read More

Iron ore prices remained rangebound on Tuesday June 26, with the sudden depreciation in the yuan's value against the US dollar causing some jitters in the market.Metal Bulletin 62% Fe Iron Ore Index: $66.62 per tonne cfr Qingdao, up $1.13 per tonneMetal Bulletin 58% Fe Premium Index: $52.77 per tonne cfr Qingdao, down $0.29 per tonneMetal Bulletin 65% Fe Iron Ore Index: $90.40 per tonne cfr Qingda...Read More

 CloseGain/LossGold $1258.90-$6.90Silver$16.30-$0.05XAU80.48-0.05%HUI172.93-0.70%GDM612.24-0.07%JSE Gold1024.46-36.71USD94.71+0.41Euro116.47-0.55Yen90.95-0.11Oil$70.53+$2.4510-Year2.880%+0.005T-Bond144.28125-0.0625Dow24283.11+0.12%Nasdaq7561.63+0.39%S&P2723.06+0.22%  The Metals: Gold fell $10.90 to $1254.90 by a little after 8AM EST before it bounced back higher in New York...Read More

By Ira EpsteinGold makes new lows for 2018.https://www.iraepstein.com/ Read More

Graceland Updates By Stewart Thomson 1. I don't like to spend a lot of time in the grocery store but I love the price sales, and gold's superb seasonal price sale continues in orderly fashion. 2. Astute investors are now calmly booking fabulous gold and silver put option profits, and filling their "grocery carts" with modest amounts of quality mining stocks.3. Please click h...Read More

By Ricky WenMonday was a fairly fast-paced trading day. It started with Sunday night weakness at around 2740 in the Emini S&P 500 that continued into the regular trading hours. Essentially, the bears accelerated the downside flush by piercing below last week's 2735.75 level immediately after the open and dropping into one of our key support areas at 2720. That proved to be pivotal as that lev...Read More

Do you have enough of constant fluctuations, changes in the short-term trends? Are you tired of checking the gold prices all the time? Good, so let's rest from the daily hustle and bustle and focus today on what will be in thirty years. The Next 30 Years for Gold In May, the World Gold Council published a report titled "Gold 2048: The next 30 years for gold." The publication starts with the G...Read More

By Ronan Manlyhttps://www.bullionstar.com/One of the more interesting developments in the gold mining sector at the moment is the impending launch of an investor alliance called the Shareholders Gold Council (SGC) whose objectives focus on reversing the poor shareholder returns and underperformance that has been dogging the sector's leading gold mining stocks for some time now.This new 'Council'...Read More

By Steve St. AngeloAs U.S. gold exports to Hong Kong and China fell 25% in the first four months of the year, London picked up the slack. According to the USGS, U.S. gold exports to London surged more than doubled from January to April, compared to the same period last year. Interestingly, the amount of gold exported to London during this period nearly equaled the total U.S. domestic gold mi...Read More

Source: Michael J. Ballanger for Streetwise Reports 06/25/2018 Precious metals expert Michael Ballanger discusses recent activity in the precious metals markets and what it may signify. -->My last missive was entitled "Gold's Relative Strength Index indicating a bottom is here," and it was dispatched at noon on Thursday but was written that morning after I had tweeted out the following:Mich...Read More

Source: Jack Chan for Streetwise Reports 06/25/2018 Technical analyst Jack Chan charts the latest moves in the gold and silver markets. --> Our proprietary cycle indicator is up. The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term. The gold sector is on a short-term sell signal. Short-term si...Read More

Direction of global stock markets will be the key to industrial metal prices and silver. Gold if it does not rise will see more correction. Crude oil will remain unaffected by any news on very strong short term fundamentals. Physical demand of copper, silver, nickel and zinc will be the key. The next three days are very crucial for copper, zinc and nickel. If they fall, they will sink and move i...Read More

LONDON (Reuters) - Uncertainty over Brexit has halved new investment in the British car industry and Prime Minister Theresa May should urgently change tack to keep the world’s fifth largest economy in the EU’s customs union, the country’s main car lobby group said.Public announcements of fresh investments into new plant, machinery, models and model development fell to 347.3 milli...Read More

Brazilian iron ore pellet producer Samarco has reached a final agreement with Brazilian authorities and its shareholders - Vale and BHP - to settle legal action that resulted from a tailings dam disaster in 2015. The agreement was signed by Samarco, Vale, BHP, and the Brazilian prosecution offices of the federal government and the states of Minas Gerais and Esp?-rito Santo, as well as other govern...Read More

LONDON (Reuters) - Oil prices steadied on Tuesday, supported by Canadian production losses and uncertainty over Libyan exports, but under pressure from climbing OPEC supply and escalating trade conflicts between the United States and other major economies.Brent crude LCOc1 was up 10 cents at $74.83 a barrel by 1045 GMT. U.S. light crude CLc1 was down 10 cents at $67.98.Brent, the global benchmark,...Read More

LONDON (Reuters) - New Bank of England rate-setter Jonathan Haskel offered a more downbeat assessment of the British economy’s readiness for higher interest rates than the official he is due to replace, in comments that weighed on sterling on Tuesday.Haskel, a professor at Imperial College in London, pointed to persistently weak wage growth and said there could be more slack in the labor mar...Read More

Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Luf...Read More

China's ferrous futures tumbled in the first hour of trading on Tuesday June 26 but went on to recover most of those losses before the end of the morning session. Futures closing prices - morning session Shanghai Futures Exchange October rebar: 3,681 yuan ($563) per tonne, down 9 yuan per tonne October hot-rolled coil: 3,812 yuan per tonne, down 9 yuan per tonne Dalian Commodity Exchange September...Read More