The prices for imported rebar in the United Arab Emirates and Saudi Arabia increased this week with higher offers, but demand for imports was still very low, sources told Metal Bulletin on Tuesday March 13.Demand for locally produced rebar in the UAE, however, remained strong.Domestic rebarThe major rebar producers in the UAE rolled over their prices for March and April production late in February...Read More

The ECB dropped its easing bias on Thursday. Monetary hawks are pleased. But doves are holding tight. And what does gold do? Hawks Awaken in Frankfurt...A major change at the European Central Bank! On Thursday, it removed its long-standing pledge to increase bond buys if needed. In January we could read that statement: (...) if the outlook becomes less favourable, or if financial conditions be...Read More

By Ira EpsteinGold and silver trade near unchanged. https://www.iraepstein.com/ Read More

China's domestic rebar prices retreated on Tuesday March 13 on losses in the billet and futures markets, after posting a recovery just a day earlier. Domestic Eastern China (Shanghai): 3,790-3,850 yuan ($599-608) per tonne, down 20-30 yuan per tonne Northern China (Beijing): 3,900-3,930 yuan per tonne, down 20-30 yuan per tonne The price of billet fell 40 yuan per tonne late on Monday due to weak...Read More

By Avi GilburtFor those that follow me regularly, you will know that I have been tracking a set-up for the VanEck Vectors Gold Miners ETF (NYSEARCA:GDX), which I analyze as a proxy for the metals mining market. I also believe that GDX can outperform the general equity market once we confirm a long-term break out has begun, and I still think we can see it in occur in 2018. This week, I will provi...Read More

PARIS (Reuters) - The global economy will see its strongest growth in seven years in 2018 thanks to a rebound in trade and investment, the OECD said on Tuesday, while also warning a trade war could threaten the improved outlook.Updating its outlook for G20 economies, the Organisation for Economic Cooperation and Development raised its global growth forecast for both 2018 and 2019 to 3.9 percent -...Read More

Import prices for steel billet in Southeast Asia and slab in the wider region encompassing East Asia continued to strengthen over the past week amid fewer offers and thin trading.BilletMetal Bulletin's assessment of import prices for billet in Southeast Asia was $565-575 per tonne cfr for the week ended Monday March 12, narrowing upward by $5 per tonne from $560-575 per tonne cfr a week earlier.Tr...Read More

By Jordan Roy-Byrne CMT, MFTA The past 18 months have been difficult for precious metals investors. If you had known Donald Trump would be elected and the US Dollar would soon begin a nearly 15% decline, you would have expected Gold to blow past its 2016 high. You would have been shocked to see the gold miners and junior gold stocks trading lower. Gold has fared okay but the gold stocks and Sil...Read More

STRASBOURG (Reuters) - The European Commission is expecting to hear from the United States in the coming days how the European Union can avoid U.S. import tariffs on steel and aluminum, Commission President Jean-Claude Juncker said on Tuesday.The EU is seeking to be exempted from planned U.S. import duties of 25 percent on steel and 10 percent on aluminum, but says Washington has not made clear ho...Read More

By Mike Maloney"Wall Street and the financial sector are all trying to figure out 'Well how can we get a piece of these profits?', and the way it is engineered - they can't!"https://goldsilver.com/promo/freebook/ Read More

The manganese ore price-trend outlook was firmly above $8 per dry metric tonne unit (dmtu) on Friday March 9, while producers reckon consumer interest will act as support, though there was a downbeat assessment among consumers. Ore producers say they are sold out through April But Chinese consumers signal otherwise Europe holds, awaits quarterly deals US markets held in rangesMajor manganese ore p...Read More

WASHINGTON (Reuters) - The most powerful lawmaker in the U.S. Senate on Tuesday threw cold water on the prospect that the chamber will pass legislation rewriting or even ending tariffs that President Donald Trump put on steel and aluminum imports last week.“The administration has all control. The thought that the president would sign a bill that would undo actions he’s taken strikes me...Read More

The Chinese vanadium market edged upward despite limited trading activity, while the European and US ferro-vanadium markets surged on significant supply concerns. Chinese vanadium suppliers raise offers despite limited activity European market surges on increasingly tight supply US ferro-vanadium market strengthens again, supply squeeze supportsChinese ferro-vanadium export prices continued to tre...Read More

Peter KrauthFor both silver bulls and bears, the performance of the price of silver over the last year has been frustrating.Over the last 12 months, silver has consistently moved between $15.50 and $18 – a 16% range that has offered little in the way of significant profit potential.However, the days of low returns from the precious metal may soon be behind us.You see, silver is becoming an i...Read More

LONDON/MADRID (Reuters) - Goldman Sachs (GS.N) is moving one of its senior London-based dealmakers to Madrid as part of a plan to strengthen its European network ahead of Brexit, sources familiar with the matter said.Jorge Alcover, a 43-year old managing director from Catalonia, is in the process of relocating to Madrid after serving the Wall Street bank for more than a decade out of its London of...Read More

WASHINGTON (Reuters) - President Donald Trump will bring a tough message on illegal immigration to California on Tuesday, taking aim at“sanctuary cities” in his first visit in office to the heavily Democratic state that has served as a base of resistance to many of his policies.Aides said Trump would not shy away from his sharp focus on immigration during the trip. The Republican presi...Read More

- Hungarian National Bank (MNB) to repatriate 100,000 ounces gold from Bank of England- Follows trend of Netherlands, Germany, Austria and Belgium each looking to bring gold back to home soil- Hungary one of the smallest gold owners amongst central banks, with just 5 tonnes- Central bank gold purchases continue to be major drivers of gold market- Russian central bank gold reserves now exceed th...Read More

Click the following link to watch video: Source: Reuters InsiderDescription: Volkswagen has selected partners to provide battery cells andrelated technology worth around 20 billion euros for electric-vehicle projectsin Europe and China, pushing ahead with a shift to zero-emission cars. IvorBennett reports.Short Link: Disclaimer: The views expressed in this article are those of the author and may n...Read More

It seems there are buyers on dips in gold and silver as focus is on global trade wars. The US dollar has not gained significantly despite robust job creation. Today's USA session is very crucial for gold and silver and the US dollar. There can be three percent either side move anytime. Today's close will set up the trend till the FOMC meet next week. Physical buyers as well as gold and silver...Read More

WASHINGTON (Reuters) - A top U.S. general on Tuesday signaled support for the Iran nuclear deal, saying the agreement, which President Donald Trump has threatened to withdraw from, has played an important role in addressing Iran’s nuclear program.“The JCPOA addresses one of the principle threats that we deal with from Iran, so if the JCPOA goes away then we will have to have another wa...Read More