(Kitco News) - As the saying goes: “God is in the details,” and gold investors will have a lot of details to sift through next week that will see two critical economic events.Not only will markets have to navigate a Federal Reserve monetary policy meeting, but April employment data on Friday will also add to the volatility. However, some analysts are skeptical that the events will be a...Read More

First Quantum produced 145,358 tonnes of copper from Sentinel during the three-month period, up 39% year-on-year, at an all-in sustaining cost of US$1.72 per pound ($3,791.95 per tonne).Read More

Copper – BUY Copper if price 448 (CMP 449) Add more at price 446 with SL 444 for Target 451 – 453AFTER POST CONTENT Read More

SHANGHAI, Apr 27 (SMM) –Copper: LME copper rebounded from a low and traded rangebound overnight. Technically, it continued to stand above all moving averages with sufficient support but its trading level dipped. The SHFE 1806 contract came off a high with support at the 10-day moving average and resistance at the five- and 60-day moving averages. We expect LME copper to trade at $6,900-...Read More

Dow Jones Industrial and S&P 500 futures were lower this morning. S&P 500 futures were down 4 points in pre-opening trade. Index futures were virtually unchanged following release of first estimate of U.S. Real GDP. Consensus was growth at a 2.0% rate. Actual was 2.3%. First quarter reports continue to pour in. Companies that released results from yesterday's close included Amazon, Cabot O...Read More

China's domestic rebar prices rebounded slightly on Friday April 27, supported by an uptick in sales volume ahead of the long weekend. Domestic Eastern China (Shanghai): 3,890-3,930 yuan ($614-621) per tonne, up 30 yuan per tonne Northern China (Beijing): 3,750-3,770 yuan per tonne, up 20 yuan per tonne Customers raised their procurement rates ahead of the long weekend, with Chinese markets closed...Read More

(Kitco News) - Sentiment in the gold market is mixed as Wall Street is bearish while Main Street is bullish on the short-term outlook for gold prices, based on the Kitco News weekly gold survey.The market professionals who took part in the Wall Street survey look for further gold declines on signs of peace on the Korean Peninsula, which would mean less safe-haven buying of the precious metal. They...Read More

Lead Calls – Lead Sell call 71c given at price 155.85 Moving to 1st Target 154.50. CMP 154.80. Low risk taker book 1.05 x 2 lot = 2.10 Points Profit71c : Mcx Lead - SELL 2 lot lead at CMP 155.85 for Target 154.50 - 154.0 with SL Above price 156.80AFTER POST CONTENT Read More

Listen to this podcast airing on our site this Saturday by clicking here or subscribe on iTunes here.The S&P 500 is now more heavily dominated by tech and financials than at the 2000 and 2007 market peaks, says market analyst John Roque of Key Square Capital, formerly at Soros Funds. In an exclusive interview with Financial Sense Newshour, Roque explains why strategists are mist...Read More

SHANGHAI, Apr 27 (SMM) – Nonferrous metals rebounded for the most part except for copper. SHFE nickel led the gains with a rise of over 1.3%, lead went up nearly 1%, while tin, aluminium, and zinc inched up. The ferrous complex saw mixed trading with slower rates of decline. Iron ore, coking coal, and coke dipped over 1%. Hot-rolled coil and rebar closed nearly 1% higher....Read More

SHANGHAI, Apr 27 (SMM) – Nonferrous metals rebounded for the most part except for copper. SHFE nickel led the gains with a rise of over 1.3%, lead went up nearly 1%, while tin, aluminium, and zinc inched up. The ferrous complex saw mixed trading with slower rates of decline. Iron ore, coking coal, and coke dipped over 1%. Hot-rolled coil and rebar closed nearly 1% higher....Read More

SHANGHAI, Apr 27 (SMM) – Domestic downstream orders for zinc oxide grew this week as downstream companies stocked up, SMM learned. Foreign trade orders downstream remained weak this week.Domestic demand came from the sectors of chemicals, electronics, tyres, feedstock, and ceramics. Zinc oxide processors stockpiled earlier this week as zinc prices fell when LME zinc inventories surged. ...Read More

Both flat and long stainless steel products' prices in Europe have remained unchanged over the past week amid continued low market activity, sources told Metal Bulletin on Friday April 27.Metal Bulletin's weekly base price assessment for 2mm, grade-304 cold-rolled (CR) stainless steel sheet was stable week on week at ?,?1,050-1,100 ($1,276-1,336) per tonne delivered in Northern Europe on Friday."M...Read More

(Kitco News) - Famed hedge fund manager and “bond king of Wall Street” Jeffrey Gundlach continues to be bullish on gold, reiterating his call that when the market breaks above through critical resistance at $1,360 an ounce, gold will push $1,000 higher. According to recent Reuers article, Gundlach presented his bullish case for gold Tuesday at an event for DoubleLine clients. He also s...Read More

Copper – (Metal Are moving madly) Copper BUY Carry call 719 given at price 452.50 Triggered SL at price 449.80. Total 2.7 Points SL hit in Copper.719 : Copper Carry Call - BUY Copper at 452.8 - 452.20 (CMP 452.70) for Target 456 - 458 with SL below price 449.80AFTER POST CONTENT Read More

FTSE 100 up 81 points at 7,502RBS the day's worst performing blue-chip despite better-than-expected resultsInterserve completes ?200mln refinancing dealIn a return to the "bad news is good news" paradigm, London's leading shares were mostly firmer after a dismal gross domestic product reading.The FTSE 100 closed at 7,502, up 81 points, with the many big dollar earners among the constituents enjoy...Read More

SHANGHAI, Apr 27 (SMM) –Copper: LME copper rebounded from a low and traded rangebound overnight. Technically, it continued to stand above all moving averages with sufficient support but its trading level dipped. The SHFE 1806 contract came off a high with support at the 10-day moving average and resistance at the five- and 60-day moving averages. We expect LME copper to trade at $6,900-...Read More

There are several "conventional" methods of trading earnings that most option traders are taught... Sponsored by TheoTradeFour times a year, publicly-listed companies are required to step up to the earnings confessional to announce revenue and earnings per share results for the prior quarter and future projections for growth going forward. These are conducted through prepared press releases and co...Read More

SHANGHAI, Apr 27 (SMM) – Nonferrous metals rebounded for the most part except for copper. SHFE nickel led the gains with a rise of over 1.3%, lead went up nearly 1%, while tin, aluminium, and zinc inched up. The ferrous complex saw mixed trading with slower rates of decline. Iron ore, coking coal, and coke dipped over 1%. Hot-rolled coil and rebar closed nearly 1% higher....Read More

SHANGHAI, Apr 27 (SMM) – Tongling Nonferrous Metals reported net profits of 203 million yuan for the first quarter of this year, up 40.5% year on year, according to its earnings report on Thursday April 26.  This compared with an average growth of 98.4% for the nonferrous smelting and processing industry.The company’s revenue amounted to 17.74 billion yuan during the three-month p...Read More