SHANGHAI, Apr 26 (SMM) – LME zinc price registered an intra-day fall of 1.7% as inventory at the exchange’s warehouses continued to rise.LME zinc inventory stood at 228,150 mt as of Thursday April 26, up 18,675 mt from the previous day. This added to an increase of 28,150 mt seen just one day ago. A large delivery was believed to have been made into the warehouse at Antwerp.The SHFE zi...Read More

Losses in job and output terms in metals-consuming sectors in the United States in the fallout from the Section 232 probe threaten to outweigh any benefits to domestic metal-producing industries from the tariffs the US government subsequently introduced.In turn, the prices of metals that are strongly correlated to the performance of metal-consuming sectors - such as AISI 4130, a widely used medium...Read More

Today Free Nickel Call – Nickel Mcx BUY Call 6ed given at price 933.50 Achieved 1st Target 940. Made 94 at 07:07pm. Total Profit of 6.5 x 2 lot = 13 Points6ed : Nickel Tips today - Buy Nickel at CMP 933.50 for Target 940 - 946 with Small SL below price 926.50AFTER POST CONTENT Read More

April 26 (Reuters) -* China's net gold imports via main conduit Hong Kong rose78.67percent in March from the previous month, data showed onThursday. * The imports via Hong Kong by the world's top consumer ofthemetal rose to 59.4 tonnes in March from 33.25 tonnes inFebruary, according to data emailed to Reuters by the Hong KongCensus and Statistics Department. * Total gold imports via Hong Kong als...Read More

''After 30 odd years in traditional banking, working for the big banks around the world, I decided to quit because I thought banking was broken .. and to start a bank from scratch with all new technology'', says Anne Boden, chief executive of Starling Bank.''The legacy banks are full of this technology which has been around for a long time and it's very, very difficult to maintain and keep at the...Read More

Strategic announced the acquisition in October last year, with Resilience Mining Australia having only bought it from PNX Metals the previous November. The acquisition was completed earlier in April when it issued 41.6 million shares worth A$1.45 million to Resilience.Read More

(Kitco News) - The U.S. Dollar has pushed to its highest level since mid-January, which has driven gold prices to a one-month low, but one gold market analyst said that it is essential for investors to pay attention to the long-term trend.George Milling-Stanley, head of gold investments at State Street Global Advisors, the marketing agent of the largest gold-backed exchange traded fund, SPDR Gold...Read More

MinRexResources Limited (ASX:MRR) has delivered an update on its currentpre-acquisition due diligence for three cobalt-scandium-nickel projects in NSWand WA being undertaken by a geology consultant. Due diligencework by the geology team on the Pacific Express project in NSW is now focusedon six prospective areas for high-grade cobalt-scandium mineralisation. Provingup the region's prospectivity fo...Read More

SHANGHAI, Apr 26 (SMM) – Nonferrous metals continued their weak performance on Thursday April 26. SHFE zinc saw a wider decline of close to 3%. Copper, aluminium, lead and nickel dipped. Tin closed slightly higher.The ferrous complex fell across the board. Iron ore led with a loss of over 1%. Coke dropped 0.62%. Rebar, hot-rolled coil and coking coal edged down.Copper: The SHF...Read More

SHANGHAI, Apr 26 (SMM) – Nonferrous metals continued their weak performance on Thursday April 26. SHFE zinc saw a wider decline of close to 3%. Copper, aluminium, lead and nickel dipped. Tin closed slightly higher.The ferrous complex fell across the board. Iron ore led with a loss of over 1%. Coke dropped 0.62%. Rebar, hot-rolled coil and coking coal edged down.Copper: The SHF...Read More

China's ferrous futures were largely stable during morning trading on Thursday April 26 following a subdued steel market a day earlier. Futures closing prices - morning session Shanghai Futures Exchange October rebar: 3.568 yuan per tonne, up 6 yuan per tonne October hot-rolled coil: 3,677 yuan per tonne, up 9 yuan per tonne Dalian Commodity Exchange September iron ore: 467 yuan per tonne, up 2 yu...Read More

Aluminium Tips – Aluminium BUY Carry call 6ec given at price 147.60 Achieved 2nd Target 149.20. Total 1.6 x 2 lot = 3.20 Points profit6ec : Aluminium Carry - BUY Aluminium at CMP 147.60 Add more at price 147 with SL 146.50 for Target 148.70 - 149.20. Trade with 2 lotsAFTER POST CONTENT Read More

April 26 (Reuters) - Australia's biggest gold miner Newcrest Mining Ltd on Thursday cut its full year production forecast, while reporting a fall in third-quarter production.Newcrest now expects production of 2.25-2.35 million ounces of gold for the full-year ending June 30, down from 2.4 million to 2.7 million ounces expected earlier. It also downgraded guidance for its flagship Cadia mine which...Read More

(Kitco News) - Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.Will gold prices go higher, lower or remain unchanged next week? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12 PM EDT) along with the results from our market professional survey.Readers can al...Read More

Adem Tumerkan April 26, 2018 Category: Research Emerging markets are starting to get restless with the U.S. about gold and the dollar's hegemony.Just last week, Turkey announced that during 2017 they had withdrawn about 27 tonnes of gold from the New York Federal Reserve's vault.The Turkish Central Bank also reported that their gold holdings increased by 83 tonnes during 2017.And adding salt to th...Read More

FTSE 100 up 42.11 points at 7,421.43US trade deficit in goods drops for first time in 7 monthsIndustrialist Sanjeev Gupta to buy British arm of Diamond BankReports of another high street retailer PoundWorld facing shop closuresShell drags index lower The FTSE 100 index moved higher, but fell short of the boost seen in European markets, after Shell's results capped gains on the index.The FTSE...Read More

SHANGHAI, Apr 26 (SMM) – Nonferrous metals continued their weak performance on Thursday April 26. SHFE zinc saw a wider decline of close to 3%. Copper, aluminium, lead and nickel dipped. Tin closed slightly higher.The ferrous complex fell across the board. Iron ore led with a loss of over 1%. Coke dropped 0.62%. Rebar, hot-rolled coil and coking coal edged down.Copper: The SHF...Read More

SHANGHAI, Apr 26 (SMM) – Spot copper with invoices for April was mostly offered at a premium of 240-300 yuan/mt over the SHFE 1805 contract on Thursday April 26 in the Shanghai market, slightly down from the previous day, SMM learned.Lacking support from downstream consumption, trading stayed lacklustre amid sufficient supply. This was despite sellers lowering offers to a premium of 240-250...Read More

SHANGHAI, Apr 26 (SMM) – Global demand for nickel is likely to rise to 2.34 million mt in 2018 from 2.19 million in 2017, the International Nickel Study Group (INSG) said on Wednesday April 25.The group forecast the global nickel output to increase to 2.23 million mt in 2018 from 2.08 million mt in 2017.SMM expects China to consume 1.22 million mtof nickel and to produce 817,000 mt in 2...Read More

Free Aluminium Tips – Aluminium buy carry call 6ec given at price 147.60 Achieved 1st Target 148.70. Total profit of 1.1 x 2 lot = 2.20 Points / Rs 110006ec : Aluminium Carry - BUY Aluminium at CMP 147.60 Add more at price 147 with SL 146.50 for Target 148.70 - 149.20 . Trade with 2 lotsAFTER POST CONTENT Read More