Investors keep to see how the FOMC Chair Mr. Jerome Powell in his statement will forecast the progress of the economic recovery of the US and see if the inflation is held below 2% as expected.
Price gains for gold, silver on short covering, value buying
Gold and silver prices are moderately higher in early U.S. trading Monday, on some short covering by the shorter-term futures traders and some perceived value buying buy traders in the cash market. April gold futures were last up $8.90 at $1,728.80 and May Comex silver was last up $0.254 at $26.165 an ounce.
Copper price to peak this year, here's why - CRU
Copper headlines have been everywhere lately, with the economic recovery and a move toward green technology boosting prices to 9.5-year highs.
Gold Up, as U.S. Inflation Data Pushes Treasury Yields and Dollar Lower
Gold was up on Thursday morning in Asia, hitting a one-week peak as investors digested further progress on a massive U.S. stimulus package and U.S. inflation data that fell below expectations.
Copper price rises on demand hopes
Copper futures advanced in London and New York on Wednesday on hopes of rising demand, but prices in Shanghai fell on fears of policy tightening by top consumer China.
Gold price sees steady rise above $1,700 following muted U.S. CPI numbers
(Kitco News) - The gold market is seeing a steady rise and continues to hold healthy gains above $1,700 an ounce even as inflation pressures remain muted.
Platinum Bullish Momentum: 1.62% Up Since The Last Session
Platinum is currently on bullish momentum. At 04:21 EST on Tuesday, 9 March, Platinum is at $1,171.00 and 1.62% up since the last session’s close.
Gold Up, Regains Shine Thanks to Softer Dollar, U.S. Stimulus
Gold was up on Monday morning in Asia, bouncing back from the nine-month low hit during the previous session over a softer dollar.
Gold, silver rebound as bond yields, USDX retreat
Gold and silver prices are solidly higher early today amid falling bond yields and weaker U.S. dollar index on this day, but mostly on corrective, short-covering bounces after gold hit a 10-month low on Monday.
Copper price up as Chinese imports surge
Copper price was up again on Monday as customs data showed China’s imports rose 4.7% for the first two months of 2021 from a year earlier, indicating stronger demand for the metal.
Gold vs Platinum – Key Differences for Investors
Investing in precious metals you will no doubt be attracted by the ever-present appeal of gold.
Green revolution gets more expensive as copper price surges
Look just beneath the surface of many of the technologies powering the energy transition and there’s a red metallic glint. Copper is a vital part of green infrastructure from grids to wind turbines, and a recent price surge threatens to make decarbonization more costly.
METALS-Copper rally could be back on as prices hold above $9,000
Copper steadied above $9,000 a tonne on Tuesday, easing fears that prices could correct lower after a breakneck rally powered by expectations of tight supply and growing demand.
Why Shares in Copper Miner Freeport-McMoRan Surged in February
Shares in copper miner Freeport-McMoRan (NYSE:FCX) rose 26% in February according to data from S&P Global Market Intelligence.
Why now might be a good time to buy gold and gold juniors
Gold has been taking a beating in recent weeks, the sell-off prompted by rising bond yields which are taking the shine off the yellow metal.
