Zinc Calls – SELL Zinc at CMP 213.80 for Target 213 – 212.70 with SL Above price 214.80. RISK Taker trade 2 lotsAFTER POST CONTENT Read More
Mcx Lead Call – SELL Lead at CMP 156.15 for Target 155.20 with SL Above price 157.25AFTER POST CONTENT Read More
MCX ALUMINIUM TARGET CALLAluminium Target Call – Aluminium Mcx Buy Carry call 3a7, Advised at 131.25 Achieved 1st Target 132.25. Made 132.30 high. Total 1 Point x 2 lot = 2 Points (Rs 10000) ProfitTIPS ID 3a7 : Aluminium Carry Call - BUY Aluminium at CMP 131.25 for Target 132.25 - 132.75 with SL below price 130.20. RISK Taker trade 2 lotsAFTER POST CONTENT Read More
Copper Tips – BUY Copper at CMP 441.40 for Target between 444.40 – 445 with SL below price 438.0AFTER POST CONTENT Read More
(Kitco News) - Trading activity for the metals overall and gold in particular hit a record pace in the first quarter, according to the latest trade data from CME Group.In a report Tuesday, the exchange operator said metals volume averaged 713,000 contracts per day from January through March, up 39% from the first quarter of 2017.Trading volume was also above the three-month rolling averages of 662...Read More
Iamgold Corp. (TSX: IMG; NYSE: IAG) has announced a new inferred mineral resource estimate for the Eastern Borosi joint-venture gold project in Nicaragua. The project is 51% owned by Iamgold and 49% by Calibre Mining Corp. Iamgold says the underground resource estimate consists of inferred resources totaling 3,219,000 tonnes grading 6.03 grams per tonne of gold and 104 g/t of silver for 624,000 ou...Read More
INTL FCStone looks for a stronger U.S. dollar to weigh on gold during April. Analysts forecast that the greenback will benefit as the Trump administration backs away from starting a trade war. Further, the European Central Bank and Bank of Japan are likely to remain “sidelined” on tightening monetary policy, further underpinning the dollar, analysts say. “A stronger dollar and an...Read More
Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More
On Monday, gold and silver both had nice rallies and the big question is: has gold found a new support level? The range since January in gold has been $1,300 to $1,365, and since the March 21 rally, there appears to be a new support level at $1,330. In the last seven days since breaking above $1,330, gold has held that level, narrowing the range and indicating there could be a breakout to the upsi...Read More
The latest news and price moves to start the Asian day on Tuesday April 3.Comex copper prices traded at a one-week high on Monday morning in the United States following a wave of positive Chinese manufacturing data. Read more in our live futures report.The London Metal Exchange was closed on April 2 for Easter Monday.China has dealt a serious blow to the US aluminium scrap industry, offi...Read More
The latest news and price moves to start the Asian day on Tuesday April 3.Comex copper prices traded at a one-week high on Monday morning in the United States following a wave of positive Chinese manufacturing data. Read more in our live futures report.The London Metal Exchange was closed on April 2 for Easter Monday.China has dealt a serious blow to the US aluminium scrap industry, offi...Read More
The latest news and price moves to start the Asian day on Tuesday April 3.Comex copper prices traded at a one-week high on Monday morning in the United States following a wave of positive Chinese manufacturing data. Read more in our live futures report.The London Metal Exchange was closed on April 2 for Easter Monday.China has dealt a serious blow to the US aluminium scrap industry, offi...Read More
Base metals prices diverged on the London Metal Exchange at the close of trading on Tuesday April 3, with copper rising but aluminium dropping below $2,000 per tonne for the first time since August 2017.The complex started the day on a firm note before paring gains and moving back into the red near the close."The Chinese manufacturing numbers held up quite well, which was supportive, and the metal...Read More
China's ten largest copper smelters have set the base level for their treatment and refining charges (TCs/RCs) for the second quarter of this year 10.3% lower than in the first quarter, Metal Bulletin has heard.The China Smelters Purchase Team (CSPT) agreed during a meeting in Shanghai last Friday to fix the minimum levels for TCs at $78 per tonne and for RCs at $0.078 per lb, a source close to th...Read More
Comex copper prices sustained momentum in the US morning on Tuesday April 3 with the fundamental outlook optimistic for the remainder of the year. Copper for May settlement on the Comex division of the New York Mercantile Exchange ticked up 0.10 cents or 0.1% to $3.0510 per lb. "While it is too early to assert that the rebound in copper will last, we think the bull market in copper will prevail th...Read More
Due to reporting errors, a story reported by Metal Bulletin on March 27, titled "Global silico-manganese output to rise this year in response to higher demand - IMnI," misrepresented InMI's views on the current markets and has been officially retracted and removed from the Metal Bulletin archive.The organization's spokesman made...Read More
Chinese vanadium exporters experienced increased activity over the past week, while ferro-vanadium tightness continued to bolster prices in the United States and Europe. Chinese exporters see uptick in activity levels; V2O5 offers up on limited availability European ferro-vanadium market edges upward despite slowed spot market ahead of holidaysUS ferro-vanadium market continues ascent on supply co...Read More
China's ten largest copper smelters have set the base level for their treatment and refining charges (TCs/RCs) for the second quarter of this year 10.3% lower than in the first quarter, Metal Bulletin has heard.The China Smelters Purchase Team (CSPT) agreed during a meeting in Shanghai last Friday to fix the minimum levels for TCs at $78 per tonne and for RCs at $0.078 per lb, a source close to th...Read More
Chinese ferro-silicon prices continued their downward trend over the past week, pressured by ample stocks and a negative outlook for the market due to weakness in the country's steel sector. Metal Bulletin assessed the Chinese domestic spot ferro-silicon (basis 75% silicon) price at 6,100-6,500 yuan ($971-1,035) per tonne on Friday March 30, compared with 6,500-7,000 yuan per tonne a week earlier....Read More
Spot alumina prices soared 27.8% over the course of March, with buyers forced to pay up for units while Hydro's Alunorte refinery operates at 50% of its capacity. Metal Bulletin's benchmark daily fob Australia alumina index settled at $447.30 per tonne on Thursday March 29, up from March 1's calculation of $349.88 per tonne. "There was definitely more length in the Pacific [at the time of the forc...Read More