SHANGHAI, Mar 6 (SMM) – The purchasing managers’ index (PMI) for China’s copper downstream industries is expected to be 54.61 in March, according to SMM survey. This would compare with 38.43 in February. For editorial queries, please contact Daisy Tseng at daisy@smm.cn For more information on how to access our research reports, please email service.en@smm.cnRead More

Prices hanging on for now, in...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...Read More

Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.(Kitco...Read More

Prices falls as LME stocks jump 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...Read More

The Fed says incessantly that “price stability” is part of their dual mandate and they are committed to maintaining the purchasing power of the dollar. But the Fed has a funny definition of price stability.Common sense says price stability should be zero inflation and zero deflation. A dollar five years from now should have the same purchasing power as a dollar today. Of course, this p...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

Is Trump backing down on tariffs?His proposal sent the Dow Jones 420 points lower last Thursday.This weekend, the president pledged he's "not backing down."How did markets react yesterday?As if Trump will back down - or at least back off.The Dow ended the day 337 points higher.The S&P gained 30 points; the Nasdaq, 73.Among the day's biggest winners were Boeing, Harley-Davidson and Caterpillar....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

It sounds like a bad science fiction movie.Somewhere, in the near future, all citizens will be stamped with unique 12-digit numbers.The numbers, assigned by the government and major financial powers, are for the sole purpose of tracking the citizens like bar-coded products.Throughout their lives, new information is entered into a universal database that hooks into these numbers - giving the ruling...Read More

Base metals traded on the London Metal Exchange are mixed this morning, Tuesday March 6, with lead, zinc and tin prices down by an average of 0.5%, while copper, aluminium and nickel prices are up by an average of 0.3%.Volume has been average with 7,431 lots traded as of 07.16am London time. Precious metals prices are little changed to slightly firmer with the complex up by an average of 0.1%, wit...Read More

Cronos Group, one of Canada's largest medical marijuana companies, began trading last Tuesday on the Nasdaq.This marks the first time ever a pot company's stock is as easy to buy as Coca-Cola, GE or Apple.“We’re the only pure-play marijuana company” on a U.S. exchange, says Cronos CEO Mike Gorenstein in a CNN report.And a Nasdaq listing should quell any fears of legal implication...Read More

Rolling Stone journalist and Griftopia author Matt Taibbi famously called Goldman Sachs a "great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money."But what if this generation's biggest blood-sucker isn't Wall Street's evil banks, but the world's most prolific e-commerce company?Look no further than everyone's favorite nex...Read More

"Frankly, the United States is under attack."That's Director of national intelligence Dan Coats' assessment to the Senate Intelligence Committee last month.According to Coats, we're under threat of cyberattack from not just Russia and China, but Iran and North Korea, too.Russia wants to subvert our democracy and undermine our society. A weak and divided opponent is easier to deal with.China's not...Read More

The changing dynamics of bauxite and alumina markets have demanded an evolution in the means of pricing them. The alumina market - and the way it is priced - has transitioned over the past 10 years. Fixed-price, long-term contracts, agreed as a percentage of the aluminium price on the London Metal Exchange, have instead transformed into contracts tied to third-party reference prices or indices, in...Read More

TORONTO — While not the premium liquor and prime rib parties of old, miners are laying on the cocktails again after several lean years, booking hotel lounges and nightclubs to twin drinks with deal making.An upbeat tone at the world’s biggest mining conference comes as global exploration spending snaps a four-year decline, underpinned by a rebound in metals prices and strong global eco...Read More

The three-month copper price rebounded over $7,000 per tonne for the first time this month at the close on Tuesday March 6, with the metal undergoing a short-covering rally. "Given the drop in open interest so far this week, LME copper seems to be experiencing a short-covering rally. But fresh buying needs to emerge to make the LME copper strength sustainable," Boris Mikanikrezai, Metal Bulletin a...Read More

Iron ore prices fell to $76 per tonne cfr China on Tuesday March 6 on growing port inventories.Metal Bulletin's 62% Fe Iron Ore Index Today: $76.07 per tonne cfr QingdaoDaily change: down by $0.96 per tonneMonth-to-date average: $77.71 per tonneMetal Bulletin's 58% Fe Premium Index Today: $60.56 per tonne cfr QingdaoDaily change: down by...Read More

Trading activity remained thin in the coking coal market on Tuesday March 6 despite burgeoning offers with end-users yet to come to terms with how much sellers are asking.A cargo of second-tier hard coking coal was heard to have traded around $201-202 per tonne fob Australia while a shipment of semi-hard materials changed hands at $195 per tonne fob Australia. A trader source said that "despite th...Read More

Despite more anticipated rate increases, real estate stocks have gone up.Weaker dollars, higher inflation rates, and rising debt levels have all positively impacted gold in the past - something that's expected to continue into the future.Real asset equities should provide attractive income in this environment as corporate earnings grow, allowing for dividend increases.The following Q&A is from...Read More

Gold remains subject to cross-currents while the dollar remains firm.Though gold bulls aren't in control yet, the odds favor them this spring.Stronger raw industrial prices and China strength bode well for gold. Gold prices continue to trend sideways as both supporting factors (the U.S. tariff scare) and detrimental developments (a rising stock market) converged to create headwinds against gol...Read More