Gold prices steadied near the highest level in more than four months as investors assessed the minutes from the US Federal Reserve’s April meeting, which flagged the possibility of a debate on scaling back asset purchases.
METALS-Copper up on dollar, strike possibility in Chile
Copper prices rose on Thursday as a softer dollar and worries about a strike in Chile spurred purchases, but plans by top consumer China to manage the supply, demand and prices of commodities capped gains.
Gold Mining Stocks Look Ripe As Bullion Rises
As the price of gold pushes toward $1900 per ounce, many gold mining stocks are looking very cheap.
$70 oil, $200 iron, $10,000 copper: Commodities smash milestones
When headline crude futures topped $70 a barrel on Tuesday, it was just the latest landmark in a banner year for raw materials.
Gold up a fourth session to settle at a 4-month high
Gold inched higher on Tuesday to mark a fourth-straight session climb, with a weaker U.S. dollar and concerns surrounding inflation and market valuations, lifting prices to their highest finish since January.
Gold price tops 3-month high as fund buying picks up
Gold prices touched their highest in over three months on Monday, with signs showing money managers and exchange-traded fund investors are turning more positive on the precious metal.
Gold and silver are trading higher leading into the European open
After a decent session on Monday gold and silver are trading higher following the Asian session.
Petropavlovsk's gold profits soar as third party gold production ramps up
Russian gold miner Petropavlovsk PLC reported that its full-year underlying profits improved after the Co. produced more gold and benefitted from higher prices, although costs did increase.
Why Copper Is Finding Momentum Again
Workers union at BHP Group’s BHP 0.1% operations center in Santiago rejected the company’s final wage offer raising the chances of a strike at the mines, according to the report.
Forget Tesla Stock. The EV ‘Gold Rush’ Is in Copper.
There is a lot of money to be made in electric vehicles—just not in the stocks of EV makers such as Tesla, according to Greenlight Capital hedge-fund manager David Einhorn.
Gold prices push higher following disappointing U.S. retail sales numbers
The gold market is seeing further gains Friday as U.S. consumers decided to hold on to their cash last month.
Silver is up over 70% in a year. Here’s why experts say it could have further to go
It’s often overlooked in favor of its lustrous cousin gold, but the price of silver has jumped over 70% in the last year, with commodity strategists saying the rally is likely to continue as the global economy reopens.
China April copper, zinc production up m/m; lead output down
China’s main copper smelters increased production in April by 0.85% from the previous month, state backed research house Antaike said on Tuesday, while zinc output also rose and lead production fell from March.
Copper price hits new high on declining scrap supplies
Shortages of copper and declining inventories could drive prices to levels beyond current record highs unless scrap supplies increase — scrap accounts for about a third of the roughly 30 million tonnes of annual global copper supplies.
Gold price shrugs inflation news, holds near 3-month high
Gold prices held close to three-month highs on Tuesday, as investors weighed rising inflation expectations and comments from Federal Reserve officials for clues on monetary policy going forward.
