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.
Tag: gold price
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.
Global Precious MMI: Gold price surges to nearly nine-year high
The Global Precious Monthly Metals Index (MMI) gained 1.7% for this month’s reading.
Global Precious MMI: Gold prices remain above $1,700/oz as U.S. states roll back COVID-19 restrictions
The Global Precious Monthly Metals Index (MMI) gained 1.7% this month.
This Morning in Metals: Novelis, ArcelorMittal, Barrick Gold report quarterly results
This morning in metals news, Novelis Inc. reported fiscal year 2020 net income fell 3%, ArcelorMittal has opted to suspend dividend payments and Barrick Gold has benefited from the gold price’s rise this year. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
Week in Review: COVID-19 impacts; Trump’s travel suspension; cobalt mine production
Before we head into the weekend, let’s take a look back at the week that was and some of the coverage here on MetalMiner, including: Tesla’s reported interest in cobalt-free batteries; the oil price crash; falling aluminum prices; supply-chain challenges amid the COVID-19 outbreak; Trump’s travel suspension; and global cobalt mine production: Looking for metal […]
As markets react to coronavirus developments, is it time to buy gold?
Those enamored with charts and those preferring fundamentals are, for once, aligned. All the metals intelligence you need in one user-friendly platform with unlimited usage – Request a MetalMiner Insights platform demo The gold price hit a 10-year high as markets took fright at the impact of the coronavirus (Covid-19) on supply chains and productivity. […]
Gold Market Subdued Ahead of India’s Holiday Season
India is almost on the cusp of this year’s festival and wedding season, but the domestic bullion market remains subdued, contrary to historical norms. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The reason? Gold prices in India have rallied 20% this year based on several internal and external factors, […]
Precious Metals MMI: Norilsk, JPMorgan Chase Bullish on Hybrid Car Demand’s Role in Palladium Prices
It looks as though the winter is just heating up for the Global Precious Monthly Metals Index (MMI). The sub-index tracking a basket of gold, silver, platinum and palladium prices from four different geographies rose three points to hit 90 for the January reading — a 3.4% increase — driven by a still-hot palladium price. […]
