Last month we noted that record-low prices characterized the Global Precious Monthly Metals Index (MMI) monthly reading and posed the question: will there be more price drops to come? Need buying strategies for steel? Try two free months of MetalMiner’s Outlook From the looks of it, the short answer to that is … yes. Here’s […]
Tag: Gold
State-Owned Miner Takes up Gold Mining in India
Mining for gold is an expertise of which not too many Indian miners can boast. In fact, it makes up a minuscule portion of overall annual mining activities in the country. With neighboring China on the prowl for gold mining projects internationally, some recent news has brought some cheer to the gold sector in India. […]
Gold Has Tough First Half in Tandem With Strengthening U.S. Dollar
No one can say the first half of 2018 was not an impactful time for metals markets, including safe-haven assets like gold. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The World Gold Council’s first-half outlook report details the market forces at work behind the gold price’s recent drop, but also […]
Freeport-McMoRan Reports Q2 Net Income Jump As Copper Price Continues to Fall
Miner Freeport-McMoRan Inc., the world’s largest publicly traded copper producer, announced its second-quarter earnings Wednesday. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook The miner reported Q2 net income attributable to common stock of $869 million and $1.6 billion for the first six months of the calendar year. The figures compare with […]
Why Has Gold Not Lived Up to Its Status as a Safe Haven?
Stock markets in New York, London and Shanghai have been sliding for a month now since President Donald Trump unleashed a trade war on the U.S.’s trading partners in an effort to reset terms seen as unfair by Washington. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Normally, as stock markets […]
This Morning in Metals: Oil, Gold Prices Dip, NAFTA Talks to Accelerate
This morning in metals news, oil and gold prices opened slightly lower despite the missile attacks on Syria that took place early Saturday morning local time. NAFTA renegotiation talks speed up in face of Mexico’s upcoming presidential election. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Oil, Gold Traded Lower Following […]
This Morning in Metals: Copper Hits Over One-Week High
This morning in metals news, copper hits an over one-week high, President Trump is pushing for a preliminary deal on the North American Free Trade Agreement (NAFTA) by mid-April and gold could reach $1,400 if a trade war ensues. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Copper Surges Strong manufacturing […]
This Morning in Metals: Chinese Scrap Steel Exports Jump in 2017
This morning in metals news, China’s scrap steel exports surged last year, two popular American non-metal products could be affected by steel and aluminum tariffs, and a miner of gold and silver looks to get into copper and zinc. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Chinese Scrap Steel Exports […]
This Morning in Metals: Metal Firms Line Up to Bid for Distressed Essar Steel
This morning in metals, several companies are looking to buy the distressed Essar Steel India Ltd., copper prices bounced back up and gold prices are up. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Essar Steel on the Market Companies like ArcelorMittal and VTB Group are vying for embattled Indian firm […]
Global Precious MMI: Palladium-Platinum Gap Narrows, Moves Closer to Historical Norm
The Global Precious MMI (Monthly Metals Index) picked up one point this month, rising to 92 for our February reading. Need buying strategies for steel in 2018? MetalMiner’s Annual Outlook has what you need Within the basket of metals, Chinese gold bullion and U.S. silver ingot/bars picked up in price. Palladium, which has bucked the historical trend by […]
