Aluminium Aluminium started this week still on the...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download th...Read More
Commercial production has been declared at Yamana Gold Inc.’s (TSX: YRI; NYSE: AUY) Cerro Moro gold and silver mine in Argentina, the company reports. “The project has been brought to this stage on schedule and on budget, which reflects the significant efforts by operations and technical services management since construction began a few years ago,” says Daniel Racine,...Read More
Sell-off continues Copper was the second-worst...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest...Read More
Gold appears to be in a bottomless pit of selling, and there are no buyers to be found. Even with the equity markets getting pounded on Monday, there were no bids for gold. Either investors feel there is no need for a safety play or the shine has worn off in gold. Since June 15, just when it looked safe to jump into the gold waters, the market collapsed and continues to fall. Apparently, there is...Read More
Lead outperforming zinc Lead prices...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as so...Read More
Macro sentiment has weakened, but nickel’s fundamentals...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus downlo...Read More
Bulls jump ship... LME tin remained...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as so...Read More
Bears pressure zinc to a ten-month...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soo...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
ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.SubscribeRead More
BIRMINGHAM, Ala. (Reuters) - Intensifiying trade tensions over the last week have boosted downside risk to the economy, Atlanta Federal Reserve bank president Raphael Bostic said on Tuesday, adding that he may rule out a fourth rate increase for the year if things get worse.“The more it progresses in this more contentious way, the more it leads me to feel the risks are on the downside for th...Read More
Click here to download the Selected Demand IndicatorsACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the lat...Read More
WASHINGTON (Reuters) - President Donald Trump said on Tuesday that sensitive U.S. technology can be protected from acquisition by China through the committee that scrutinizes foreign acquisitions of American companies, but the ultimate method was still being worked out.Trump’s remarks to reporters at the White House appeared to favor Treasury Secretary Steven Mnuchin’s approach in a fi...Read More
WASHINGTON (Reuters) - U.S. President Donald Trump said on Tuesday the government was completing a study about increasing import tariffs on cars from the European Union and suggested he would take action soon.“We are finishing our study of Tariffs on cars from the E.U. in that they have long taken advantage of the U.S. in the form of Trade Barriers and Tariffs. In the end it will all even ou...Read More
The arbitrage for copper, aluminium, zinc and nickel imported into China on Tuesday June 26*Copper -$111.30 (-731.23 yuan) Aluminium -$514.51 (-3,380.28 yuan) Zinc -$3.19 (-20.93 yuan) Nickel -$228.59 (-1,501.84 yuan) *Metal Bulletin calculates the physical arbitrage for import into...Read More
Global markets stabilized on the morning of Tuesday June 26 amid easing trade tensions, while three-month base metals prices on the London Metal Exchange have begun to consolidate after their weakness on Monday. Copper, nickel and zinc were all up by 0.2%, lead was unchanged, while aluminium and lead were the stragglers – down by 0.1% and 0.3% respectively. On an average basis, the base metal...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 2 points in pre-opening trade. NVidia added $3.58 to $242.70 after Benchmark initiated coverage with a Buy rating. Target is $280.Netflix gained $7.84 to $392.32 after Imperial Coverage initiated coverage with an Outperform rating.Lennar advanced $3.27 to $52.49 after the company reported higher than consensus fiscal...Read More
Nickel prices on the London Metal Exchange were down by more than 3% at the close of trading on Monday June 25, while other base metals prices also slumped. Nickel traded in an intraday range of $680 per tonne, eventually closing down 3.6% by the end of trading below $15,000 per tonne.A sharp rise in the dollar index, which remains high, piled pressure on the base metals last week while added unce...Read More
Cobalt prices drifted lower again last week in thin trading conditions, with buyers continuing to secure their minimum required volumes, or postponing purchases in a falling market. Low-grade cobalt and high-grade cobalt prices were assessed at $40.35-41.25 per lb, in-warehouse on Friday June 22, down 0.6% and 0.9% respectively over the course of the week. Spot activity has been limited since May...Read More
Listen to this podcast on our site by clicking here or subscribe on iTunes here.Oil prices are poised to head higher and are likely to spike in the years ahead, Robert Rapier, a chemical engineer and director of alternative-fuels technology for Advanced Green Innovations LLC, recently said on Financial Sense Newhour.Rapier discussed the big move in oil last week, building concerns over supply...Read More