TD Securities sees potential for a silver rally in 2018. “Silver continues to underperform gold, weighed down by its industrial characteristics amid growing trade-war fears, with silver specs [in the futures market] printing the most bearish net position on record,” TDS says. “However, given that we remain skeptical on the prospects of a full-blown trade war materializing, and ex...Read More

Base metals prices on the London Metal Exchange are mixed this morning, Thursday April 5. The main movers are nickel, with prices up by 0.6% at $13,230 per tonne, and zinc where prices are down by 0.5% at $3,237 per tonne. Copper prices are up by 0.1% at $6,721 per tonne. Volume has been light with 2,187 lots traded as of 06.46 am London time, this because China is off for the rest of the week to...Read More

The export market for CIS-origin pig iron was quiet in the week ended Thursday April 5 because of the Easter holidays in the United States and Europe."There is no activity in the US due to Easter and the expectations of scrap market price [movements] in April," a source close to pig iron suppliers told Metal Bulletin.In the US, the offer price for low-manganese pig iron was $425 per tonne cfr. Tha...Read More

Nationally-recognised courses in automation are expected to be available at WA TAFE colleges and high schools next year, announced at a launch in Perth yesterday attended by dozens of resources industry heavyweights.It comes after Rio committed A$2 million last year to develop the new qualifications.Rio Tinto Iron Ore chief executive Chris Salisbury and Education and Training Minister Sue Ellery i...Read More

Zinc Free Calls – BUY Zinc at CMP 210.15 for Target 211 – 211.50 with SL below price 209.25 with 2 lots or moreAFTER POST CONTENT Read More

(Reuters) - The S&P 500 on Thursday headed for its best three-day rise since President Donald Trump’s election as technology and industrial shares bolstered a recovery on easing trade war concerns.Shares of Boeing (BA.N) and Caterpillar (CAT.N), among the worst hit on Wednesday after China retaliated with $50 billion in tariffs on U.S. goods such as soybeans, autos, and some types of air...Read More

(Kitco News) - With rising U.S. debt levels and tighter monetary policy, gold could quickly become the most appealing asset out there, according to one strategist.“If more borrowing is the solution, then I expect gold prices will suddenly become a most desirable asset,” said macroeconomic strategist and managing partner at Spotlight Group Stephen Pope.Gold and debt are highly correlate...Read More

NEW YORK (Reuters) - JPMorgan Chase & Co (JPM.N) Chief Executive Officer Jamie Dimon complimented the administration of President Donald Trump in an annual letter to shareholders on Thursday, saying tax cuts and deregulatory efforts were helping his bank make more money.Dimon, who runs the biggest U.S. bank, drew a contrast between Trump’s moves and those of other elected officials who h...Read More

Today Zinc Free Call – Zinc BUY Tips 470 given for 2lot at price 208.85 Achieved 1st Target 210. CMP 210.05. Profit of 1.20 Point x 2 lot = 2.40 Points470 : Free Zinc Calls - BUY Zinc at Current Market price 208.85 for Target 210 - 211 with SL below price 207. RISK Taker trade 2 lotsAFTER POST CONTENT Read More

Base metals prices on the London Metal Exchange were mostly higher at the close of trading on Thursday April 5, with copper's three-month price gaining 1.5%."Industrial metals reacted broadly positive as investors assess the outlook for US-China trade tensions while both major economies signal willingness to negotiate," John Meyer, SP Angel analyst said."Copper regained [momentum] on the announcem...Read More

Online copper Tips – Copper BUY Call 45a Advised at price 439 Achieved 1st Target 442 Made 443.50 (Near to 2nd TGT) Profit of 3 to 3.50 Points per lot45a : COpper BUY at CMP 439 Add more at price 437 with S L 436 for Target 442 - 444AFTER POST CONTENT Read More

Turkish steel mills went through Thursday April 5 with no deep-sea bookings and prices remaining stable, according to sources in the market.The most recent deal was for a Baltic Sea cargo sold at $356 per tonne cfr for HMS 1&2 (80:20), $361 per tonne for HMS 1&2 (90:10) and shredded,...Read More

The company said in February that Anglo American (LN:AAL), Nexa Resources SA (CN:NEXA) and Vale SA (BZ:VALE3) had staked about 3.5 million hectares on the belt, adding yesterday that Anglo and Nexa had largely surrounded Altamira's 12 projects."The catalyst for this staking rush is a rumoured porphyry copper discovery in the eastern part of the Juruena belt," Altamira said.It said recently it beli...Read More

Comex copper prices bounced back in US morning trading on Thursday April 5 amid easing tensions between the United States and China. Copper for May settlement on the Comex division of the New York Mercantile Exchange jumped 6.65 cents or 2.2% to $3.0770 per lb. "We remain modestly constructive on metals going into April, as we suspect...Read More

BERLIN (Reuters) - German Justice Minister Katarina Barley said she planned a further meeting with Facebook to discuss the impact of its algorithms on the social network’s users, adding that recent disclosures of privacy violations were likely not isolated.Data privacy is especially sensitive in Germany, where the memory of the two 20th-century authoritarian police states on its territory ha...Read More

Free Copper Calls – Copper BUY Call given at price 439.80 Achieved 1st Target 442.50. CMP 443.50. Total profit of 3.7 Points per lotTIPS ID 475 : Copper Calls - BUY Copper at CMP 439.80 Add more if price 437.50 with SL 436 for Target 442.50 - 444AFTER POST CONTENT Read More

(Reuters) - U.S. stocks opened higher on Thursday, helped by gains in Amazon and Facebook, amid easing fears of a trade war between the United States and China.The Dow Jones Industrial Average .DJI rose 109.7 points, or 0.45 percent, to 24,374. The S&P 500 .SPX gained 14.19 points, or 0.536547 percent, to 2,658.88. The Nasdaq Composite .IXIC added 54.70 points, or 0.78 percent, to 7,096....Read More

Copper Calls – BUY Copper at CMP 439.80 Add more if price 437.50 with SL 436 for Target 442.50 – 444AFTER POST CONTENT Read More

The latest news and price moves to start the Asian day on Friday April 6. Zinc prices came under further pressure on the London Metal Exchange on Thursday April 5 while the rest of the base metals complex moved higher, with market sentiment improving due to potential talks between the United States and China around trade tensions. Read more in our live futures report. Here is how pr...Read More

MENDOZA, Argentina (Reuters) - As the trade dispute between the United States and China was gaining steam last month, a half-dozen Chinese dancers and a person in a panda bear suit paraded across a stage inside a hotel lobby in the heart of Argentina’s wine country.The March 24 ceremony celebrated the Washington-based Inter-American Development Bank’s (IDB) choice to hold its next annu...Read More