People have mined, refined and valued gold since Mesopotamian times, with records of early gold jewelry from 2600 BCE — but what about gold from the Scottish Highlands? Anyone who has seen images of Egyptian Pharaoh Tutankhamun’s tomb created almost entirely of gold in 1223 BCE can only wonder at the volumes of gold that […]
Category: Precious Metals
Global Precious MMI: Precious metals retrace after Trump’s announcement on stimulus
The Global Precious Monthly Metals Index (MMI) retraced 2.2% for this month’s index reading, as the gold price and the silver price both lost previous gains. The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with a complete understanding of the fundamental factors driving prices and a detailed forecast that can […]
Global Precious MMI: After big gains, silver price holds steady … but could have room to rise
The Global Precious Monthly Metals Index (MMI) gained 3.0% for this month’s MMI value, as the silver price steadied in the second half of August. We’re offering timely emails with exclusive analyst commentary and some best practice advice – and you choose how often you receive it. Sign up today. Silver surge Last month, MetalMiner’s […]
Week in Review: Trump targets Canadian aluminum; copper flattens; silver surges
This past week’s metals news covered everything from silver price movements to the copper price rise’s slowdown to the reimposition of tariffs on some Canadian aluminum. We also broke down President Donald Trump’s recent proclamation with respect to reimposing the Section 232 tariff on some Canadian aluminum. MetalMiner’s Stuart Burns delved into the concern expressed […]
Global Precious MMI: Gold, silver prices surge then retrace
The Global Precious Monthly Metals Index (MMI) surged 9% for this month’s MMI value. You want more MetalMiner on your terms. Choose how often you hear from us – weekly, monthly, or quarterly – by signing up for email updates here. Surging gold price The gold price recently soared to an all-time high. The gold price […]
Is silver pausing for a breather or has the market topped?
Silver’s rise has been meteoric since its low in mid-March. The precious metal’s surge has been particularly notable over the last month. Both gold and silver have benefited from cheap money, a weak dollar and stronger oil prices. The yield on the benchmark 10-year U.S. Treasury note is presently around 0.57%, while the oil price […]
This Morning in Metals: Gold price rises to all-time high
This morning in metals news: the gold price has surged to an all-time high; China is eyeing changes to its steep capacity swap rules; and Northern Dynasty Minerals has received an environmental impact study for its Pebble copper-gold-molybdenum project in Alaska.
This Morning in Metals: U.S. Steel to restart Gary Works blast furnace
This morning in metals news: U.S. Steel plans to restart another blast furnace at its Gary Works; imports of blooms, billets and slabs from Japan have seen a significant jump this year; and silver prices have surged to a seven-year high.
Week in Review: July 2020 MMI report; silver prices; LME off-warrant stock
Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner, including coverage of silver prices, LME off-warrant stocks, cobalt-free lithium-ion batteries and more:
This Morning in Metals: USITC requests $2.75M to assist in USMCA implementation
This morning in metals news: the United States International Trade Commission asked for an additional $2.75 million in its budget to help it toward implementation of the United States-Mexico-Canada Agreement (USMCA); the World Gold Council released its H1 2020 report; and U.S. beverage makers are grappling with an aluminum can shortage.
