Tips for Zinc – Zinc Hold Call 402 Advised to sell at price 214.25 Achieved 1st Target 213. CMP 212.05. Moving near to 2nd TGT. Profit of 2.20 Points per lotZINC HOLD Call - SELL Mcx Zinc April at CMP 214.25 with SL Above 216.10 for Target 213 - 211.50AFTER POST CONTENT Read More

Many investors are familiar with the fact that President Franklin Roosevelt closed all of the banks in America and confiscated all of the privately-owned gold by executive order in the early days of his administration, which began in 1933.Presidents since then have seized assets from countries such as Iran, Syria, North Korea and Cuba and imposed sanctions on Russia and many other countries by exe...Read More

BEIJING (Reuters) - China will struggle to replace U.S. soybean supplies after implementing an additional 25 percent tariff on American shipments, likely inflicting severe financial pain on domestic companies, analysts and executives at feedmakers said.The world’s top importer of the oilseed will impose the tariffs on soybeans and 105 other U.S. products, state broadcaster CCTV said on Wedne...Read More

Nickel Call – SELL Nickel at CMP 875.40 for Target 868 – 862 with SL Above price 882AFTER POST CONTENT Read More

"Trump giveth, Trump taketh away," we recently claimed.His promises of tax cuts and deregulation plans gave markets a lovely post-election gift.But his recent tariff plans have taken much of it away…Several months of stock market gains have vanished into the electricity.Now Trump is taking away yet again... this time through Amazon.Trump insists Amazon is strong-arming the retail industry in...Read More

BEIJING (Reuters) - A raft of Chinese data over coming weeks is expected to show the world’s second-biggest economy cooled slightly in March from the first two months of the year, with the main risk to the outlook now centered on an escalating Sino-U.S. trade spat.Beijing on Wednesday slapped additional tariffs on a range of U.S. goods in a swift retaliatory action, after Washington had rais...Read More

MCX ZINC COMMODITY CALLSZinc Commodity – Zinc Carry Sell Hold call 402 given at price 214.25 Achieved 1st Target 213 Today. Total profit made 1.25 Points per lotTIPS ID 402 : ZINC HOLD Call - SELL Mcx Zinc April at CMP 214.25 with SL Above 216.10 for Target 213 - 211.50AFTER POST CONTENT Read More

When I was growing up, my Nana - who went through the Great Depression - always reminded to take monetary gifts whenever they were offered.But there may be a few exceptions to her advice.For example, maybe a beneficiary doesn't want to be taxed on the inheritance...From the taxman's point of view, disclaiming property is like never owing it.Here's one scenario where that would be an advantage.You...Read More

NEW YORK/SAN FRANCISCO (Reuters) - Shares of Spotify Technology SA ended up 12.9 percent on their first day of trade on the New York Stock Exchange, a smooth debut that could pave the way for other companies looking to go public without the aid of Wall Street underwriters.Spotify shares opened at $165.90, up nearly 26 percent from a reference price of $132 set by the NYSE late on Monday. The stock...Read More

TOKYO (Reuters) - Japanese government officials are bracing for Donald Trump to get tough in trade talks, and are particularly anxious that the U.S. president could target Prime Minister Shinzo Abe’s weak-yen policies.The deal Trump clinched with South Korea last month, which was reached in unusually quick negotiations and included a side deal to deter competitive currency devaluation, was t...Read More

BERLIN (Reuters) - It is crucial for the United States and the European Union to engage in dialogue to avoid a trade conflict, a spokeswoman for the German Economy Ministry said on Wednesday.China hit back on Wednesday at the U.S. plans to slap tariffs on $50 billion in Chinese goods, retaliating with a list of similar duties on key U.S. imports including soybeans, planes, cars, whiskey and chemic...Read More

Aluminium ingot ADC 12 export prices fell after China dealt a serious blow to the raw material market with a blanket 25% tariff on US aluminium scrap.The move by China has meant that more domestic producers are looking to tolling deals to avoid paying the 25% import tax. Under the tolling deals, Chinese secondary alloy producers can import raw materials such as aluminium scrap from overseas and pr...Read More

With a widening differential between Chinese domestic and international alumina prices and lingering tightened availability of spot material in the Atlantic, China could potentially become an exporter of the raw material, according to market participants.Foreign aluminium smelters now have an eye on Chinese-produced alumina due to the tightened conditions in the Atlantic following the production c...Read More

Base metals prices on the London Metal Exchange dropped throughout the day on Wednesday April 4, with sentiment remaining low after US-China trade tensions escalated. The majority of the complex ended the LME kerb session lower, with only aluminium posting a slight increase of 0.6%.    LME copper prices have been volatile, trading within a $200 per tonne window but cutting losses to...Read More

Comex copper prices dropped nearly 2% on Wednesday April 4 amid growing fears of a possible trade war between the United States and China following a fresh round of tariffs issued by both countries. Copper for May settlement on the Comex division of the New York Mercantile Exchange tumbled 5.90 cents or 1.9% to $3.0045 per lb. Over the past few weeks, tensions between China and the US have escalat...Read More

The seaborne iron ore market softened further on Wednesday April 4 amid falling steel prices in China, with premiums for index-linked cargoes of Pilbara Blend fines remaining subdued. Metal Bulletin 62% Fe Iron Ore Index: $63.57 per tonne cfr Qingdao, down by $0.19 per tonneMetal Bulletin 58% Fe Premium Index: $51.79 per tonne cfr Qingdao, down by $0.30 per tonneMetal Bulletin 65% Fe Iron Ore Inde...Read More

Analysts maintain bullish views on gold following the US Fed rate hike.Higher inflation seen along with labor market slack is rapidly diminishing in the U.S.Equity correction would be an attractive entry point for medium to long-term positions. Image source: Shutterstock Investment Thesis Gold price has outperformed after six cycles of US Fed tightening. More investors wait on the sidelines for fu...Read More

Risk-on is back with stocks higher, lower yen and a steady US Dollar. Gold reverses down sharply off the 1,348.40 resistance. Gold is trading at about $1,334.40 up 0.15%  as the European forex session is coming to an end on Wednesday. Earlier in the day, the yellow metal rose as high as $1,348.40 to a one-week high as fears about a trade war escalated between China and the United State...Read More

Eldorado Gold confirms positive arbitration ruling in Greece.This is a positive catalyst for the company, but the problems are not over.The stock should have more upside once the market realizes how and when Eldorado Gold will be financing the development of the Greek project.This article is an update to my bullish thesis on Eldorado Gold (EGO) outlined in "Eldorado Gold Is Undervalued, First Targ...Read More

John Maynard Keynes once famously called gold the “barbarous relic”. The emergence of the cryptocurrencies seems to validate that thesis. Will gold survive in the digital era? Bitcoin as Digital Gold Let’s face it. Bitcoin and gold are similar. Both assets are rare and their supply is limited (it cannot be increase at will by politicians or central bankers). Actually, Bitcoin was...Read More