The Global Precious Monthly Metals Index (MMI) gained 1.7% this month.
Tag: Gold
This Morning in Metals: Hydro to launch JV for electric vehicle battery recycling
This morning in metals news, aluminum maker Norsk Hydro recently announced the formation of a joint venture that will aim to recycle electric vehicle batteries, the Aluminum Association reiterated its stance on the need for an aluminum import monitoring system and a Dutch bank says gold prices are expected to drop.
Week in Review: Challenges ahead for shipping; automakers prep restarts; aluminum prices
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: automotive sales, U.S. construction spending, aluminum prices on the SHFE and LME, and gold’s growing premium over silver. Looking for metal price forecasting and data analysis in […]
Global Precious MMI: Gold prices hold steady after grim April jobs report
The Global Precious Monthly Metals Index (MMI) dropped 1.7% this month. Gold prices steady around $1,700/ounce With some states beginning to reopen and ease restrictions put in place to curb the spread of COVID-19, interest in gold as a safe-haven asset has picked up. After falling below $1,500 per ounce in March, the gold price […]
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!
Global Precious MMI: Topsy-turvy month for precious metals amid coronavirus, South Africa lockdown
The Global Precious Monthly Metals Index (MMI) fell 7.0% this month. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
Week in Review: Oil prices plunge; auto sales slump in Q1; steel output up in February
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: oil prices, Section 232 steel tariffs, the gold market, PMI numbers, steel production and more. Looking for metal price forecasting and data analysis in one easy-to-use platform? […]
Under extraordinary conditions, physical gold prices at a disconnect with market prices
The usually highly liquid gold market hit turbulence last week as transport restrictions prevented contract settlement procedures at New York’s COMEX futures market. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! The Financial Times reported the price of gold futures traded on COMEX and expiring this […]
This Morning in Metals: U.S. Steel announces Q1 guidance
This morning in metals news, U.S. Steel unveiled its guidance for the first quarter, Glencore issued its response to the COVID-19 crisis, and gold prices are rising in relative value compared with copper and silver. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
Precious metal prices, including gold, in free fall
The price of all precious metals plummeted on Friday and again on Monday as investors sort to liquidate profitable positions to raise cash. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Gold, in particular, has been the victim of its own success, rising strongly this quarter […]
