Copper prices jumped to a nine-year high on Thursday as Chinese investors returned from a week-long holiday, adding impetus to a rally that has almost doubled prices since the height of coronavirus worries last March.
Mining stocks climb as copper trades near decade high
Mining shares jumped on Thursday, getting a lift as copper futures rallied while broader European stock markets struggled for direction.
The silver chart structure is much stronger than gold
(Kitco News) - Silver futures are hovering near their value area on the volume profile chart at the moment.
Barrick Gold Tops Estimates, Proposes Special Distribution
Shares of Barrick Gold (GOLD) - Get Report were higher after the gold miner reported stronger-than-expected fourth quarter results and declared a special distribution to holders.
Good news for Chile, copper price soaring on Chinese demand
Good news for Chile.
Investors are ‘chasing copper and silver’ but they should try gold, analyst says
Copper and silver are favored by some investors as components in electric vehicles — but they may be missing out on another metal.
Why a small amount of trader activity is making the copper price soar
There are roughly 2 ounces of silver and more than 100 kg of copper in an electric vehicle like Tesla, said Gianni Kovacevic, CEO of CopperBank.
Copper price surges to new 8-year high on supply worries
Copper prices continued their rally on Tuesday, reaching the highest level since 2012, on concerns over a market deficit driven by tight supply and strong demand for the industrial metal.
Platinum Jumps on Inflation Concerns, Propelled by Broader Rally
Platinum prices have neared their highest level in six years, driven by concerns about inflation and a sweeping rally in financial markets that has powered assets from stocks to oil and bitcoin higher.
METALS-Copper hovers near eight-year high as Chinese holiday starts
LONDON, Feb 11 (Reuters) - Copper took a breather on Thursday as Chinese markets closed for the week-long Lunar New Year holiday after four days of rapid gains that lifted prices to their highest in eight years, with analysts expecting tight supplies to push the rally further.
Gold market steady following weaker-than-expected weekly U.S. jobless claims
(Kitco News) - The gold market is holding on to modest gains even as the price sees little reaction to rising volatility in the U.S. labor market as more American workers than expected applied for first-time unemployment benefits last week.
How to invest in silver, a precious metal that both diversifies your portfolio and rises with new tech industries
Savvy investors often step outside the comfort zone of conventional paper investments — stocks, bonds, and funds — and into more exotic, hard assets.
SKRR Exploration Drill Program Intersects Significant Quartz Veining at the Irving-Leland Gold Property
SKRR Exploration has now completed 3 drill holes at the Irving-Leland Gold Property (assays pending). All three core samples show quartz veining at shallow depth.
Copper price rally reaches new high
Copper prices surged on Wednesday as rising inflation expectations caused by US stimulus, a falling dollar, decreasing rates of coronavirus infections and historically low stocks spurred fresh buying.
Silver demand to hit 8-year highs, but what about prices? The Silver Institute weighs in
(Kitco News) Global demand for silver will rise to eight-year highs in 2021 on surging interest from industrial and physical markets, said The Silver Institute in a report on Wednesday.