(Kitco News) - It no secret that Goldman Sachs is bullish on gold for the first time in five years and now the global investment firm sees two mining companies that are in the best position to benefit from higher prices. In the current inflationary environment coupled with rising gold prices, investors would do well to put their money in gold stocks boasting consistent dividend payouts and free ca...Read More
MCX LEADMINI TIPSMcx LeadMini – Lead Mini SELL Call 251 Given at Price 152.20. CMP 152.60. EXIT From Call with Small Loss of 0.40 Points (Rs 200 loss exit)TIPS ID 251 : Mcx Lead Tips - SELL Lead Mini at CMP 152.20 for Target 151.10 - 150.50 with SL Above price 153.25AFTER POST CONTENT Read More
MCX COPPER FREE CALLCopper Free Call – Copper Sell Positional Hold Call 1da Given at 446 Achieved almost 2nd Target 425 (Made 425.20 low) Total Profit of 20.8 Points x 2 lot = 41.6 PointsTIPS ID 1da : Copper Positional Call - SELL Copper Mcx April at CMP 446 for Target 430 - 425 with SL Above price 453. Trade Multi lotsAFTER POST CONTENT Read More
LIVE ZINC TARGET TIPSLive Zinc Target Tips – Zinc BUY Call 253 Given for 2 lot at price 207.90 Achieved 2nd Target 209.50. CMP 210. Total Profit of 1.6 x 2 lot = 3.20 PointsTIPS ID 253 : Tips for Zinc Today - BUY Zinc 2 lot at CMP 207.90 for Small Target 208.90 - 209.50 with SL below price 206.80AFTER POST CONTENT Read More
BEIJING (Reuters) - North Korea leader Kim Jong Un has visited China, Bloomberg reported on Monday citing three unnamed sources, in what would be his first known overseas trip since taking power in 2011 and ahead of a potential summit with U.S. President Donald Trump.Details of his visit including its purpose and itinerary were not yet known, Bloomberg said. Japanese media reported earlier on Mond...Read More
Copper Tips Free Today – SELL Copper at CMP 426.80 Add more at price 428 with SL Above 429 for Target 424 – 422.50AFTER POST CONTENT Read More
(Kitco News) - Gold prices were moderately up and hit a five-week high in early-afternoon U.S. trading Monday. Bullish traders stepped in to buy the overnight dip as the U.S. day session got under way. The technical posture of the gold market has improved markedly just recently, which is inspiring more chart-based buying interest. April Comex gold futures were last up $5.30 an ounce at $1,355.20....Read More
MCX ZINC TARGET CALLZinc Target Call – Zinc Mcx BUY Call 253 given at price 207.90 Achieved 1st Target 208.90. Total profit of 1 Points x 2 lot = 2 Points / Rs 10000 in Zinc tipsTIPS ID 253 : Tips for Zinc Today - BUY Zinc 2 lot at CMP 207.90 for Small Target 208.90 - 209.50 with SL below price 206.80AFTER POST CONTENT Read More
(Kitco News) - The gold market has taken one giant leap in to the futures after Tradewind Inc. officially launched a new digital gold platform Monday.The new gold exchange has been in the works for more than two years, with the company receiving support from major players in the gold industry, including Sprott Inc and Goldcorp Inc.The firm said that its new digital exchange is “expected to r...Read More
Tips for Zinc Today – BUY Zinc 2 lot at CMP 207.90 for Small Target 208.90 – 209.50 with SL below price 206.80AFTER POST CONTENT Read More
MCX LEAD TIPS TODAYMcx Lead Tips – SELL Lead Mini at CMP 152.20 for Target 151.10 – 150.50 with SL Above price 153.25AFTER POST CONTENT Read More
COPPER HOLD POSITIONAL CALLCopper Hold Positional Call 1da Suggested SELL at Price 446 Achieved 1st Target 430. CMP 428. Total Profit made 18 Point x 2 lot = 36 Points / Rs 36000TIPS ID 1da : Copper Positional Call - SELL Copper Mcx April at CMP 446 for Target 430 - 425 with SL Above price 453. Trade Multi lotsAFTER POST CONTENT Read More
(Kitco News) - Large speculators slashed their bullish exposure to gold by 18% in the latest weekly data compiled by the Commodity Futures Trading Commission, but the next round of figures is likely to show that bulls have regained their footing after the late-week price rally.The data showed a record level of bearish positioning in silver, although this is also likely to have been scaled back by...Read More
(Kitco News) - Gold continues to trade in the pattern that has developed since the Fed began raising rates. This consists of a weakening pattern into the anticipated Fed meeting, a blip lower on the announcement and then a strong rally. We suggested that gold would potentially see a $1,307 print ahead of the announcement, with a suggestion to enter, when the news broke. The initial bounce to the $...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
Last week gold and silver held the bottoms, and both had big rallies. Gold rallied from $1,306, gaining almost $40, and silver rallied from $16.10, gaining 55 cents. The real question: can these rallies hold and go higher or are they just testing the upper end of the ranges they have been in for the last couple of months. The answer is complicated. They certainly can break out to the upside, but b...Read More
Prices in the global billet markets started to slip in the week ended Friday March 23 amid growing negative sentiment caused by expectations of change after the introduction of protective tariffs against imported steel in the United States following the investigation under Section 232.Additionally, US President Donald Trump unveiled plans for fresh trade sanctions against China on Thursday, which...Read More
Prices in the global billet markets started to slip in the week ended Friday March 23 amid growing negative sentiment caused by expectations of change after the introduction of protective tariffs against imported steel in the United States following the investigation under Section 232.Additionally, US President Donald Trump unveiled plans for fresh trade sanctions against China on Thursday, which...Read More
London-based metals merchant Concord Resources is eyeing opportunities brought about by resource nationalism and protectionism, after announcing results that show how the company's rapid expansion accelerated through 2017. Concord tripled its net profit after tax, bringing in $20.73 million over 2017 - its second full trading year - representing a 23.9% gross return on average equity. Annuall...Read More
Base metals prices on the London Metal Exchange mostly closed in positive territory on Monday March 26, with copper the only exception. After a morning of price dips across the complex, the majority of metals found support throughout the day from the weaker the weaker dollar. The dollar index hit a low of 89.02. "The dollar is weak once again which helped prices pick up throughout the day. But cop...Read More