Copper weak, while other metals hold up well

Metals were mixed yesterday with copper falling 1.1 percent to $4,706, nickel was off 0.3 percent at $10,240, while the rest were stronger, tin by 1.2 percent, it set a new high for the year at $18,745, zinc and lead were up 0.7 percent and aluminium was up 0.1 percent. Palladium climbed 0.6 percent yesterday […]

Gold continues to drift ahead of Yellen speech – The Bullion Desk

The spot gold price drifted during Asian trading hours on Wednesday as investors wait for Federal Reserve chairwoman Janet Yellen to speak at the Jackson Hole symposium later this Friday. Spot gold was last at $1,337.50-1,337.80 per ounce, down just $0.20 from the previous day’s close. Trading ranged at $1,336.95-1,339.55 so far. “Fed Chair Yellen’s […]

Gold steady ahead of global central bankers meeting – Business Recorder (press release) (registration) (blog)

Home» Markets – Commodities » Americas Wednesday, 24 August 2016 02:47 Posted by Shoaib-ur-Rehman Siddiqui NEW YORK/LONDON: Gold was largely unchanged on Tuesday as markets shifted focus from hawkish comments by a Federal Reserve official over the weekend to a meeting of global central bankers later this week that might provide hints on the timing […]

PRECIOUS-Gold steady ahead of global central bankers meeting – Reuters Africa

* All eyes on central bankers’ meeting on Aug. 25 * Platinum up 0.7 pct, palladium rises 0.6 pct * GRAPHIC-Gold/USD correlation: r.reuters.com/ryx52s (Adds comments, updates prices, adds NEW YORK dateline) By Devika Krishna Kumar and Zandi Shabalala NEW YORK/LONDON, Aug 23 (Reuters) – Gold was largely unchanged on Tuesday as markets shifted focus from […]

Investing in the New Resource Bull Market – InvestorIdeas.com (press release)

August 23, 2016 (Investorideas.com Newswire) After four grinding years of falling metal prices and vanishing market capitalizations, we have seen a stunning shift in market sentiment since mid-January, says Matt Geiger of MJG Capital. Multiple physical commodities are now in technical bull markets, and resource equities in particular have enjoyed a spectacular 2016 thus far. […]

Inverse relationship between gold, stocks has never been this extreme – MarketWatch

The correlation between gold futures and U.S. stocks has never been more negative. But despite the inverse relationship, gold and equities may soon be poised to rise together as both can benefit from low yields, analysts said. Sean Williams, a writer for Motley Fool, pointed out in a blog post Tuesday that the correlation between […]

Commodities: Citi, Goldman sound cautious note on oil futures – DIGITALLOOK

Crude oil futures buoyed the commodities space as reports that Iran was warming to the idea of an oil output freeze by several of the world’s major producers led to an intra-day reversal in prices. As of 18:47 BST front month Brent crude futures were rising 1.6% to $49.96 per barrel on the ICE. Late […]

These Three Mining Stocks Deserve Investors' Attention – ETF Daily News

Multiple physical commodities are now in technical bull markets, and resource equities in particular have enjoyed a spectacular 2016 thus far. Geiger highlights several companies poised to take advantage of the boom. Metal prices are again on the rise. Particular standouts include: silver, lithium, zinc, gold, platinum and palladium. All of the aforementioned metals have […]

Gold Prices Edge Higher on Weaker Dollar – Wall Street Journal

By Katherine Dunn Katherine Dunn The Wall Street Journal CANCEL Biography @katherine_dunn katherine.dunn@wsj.com Aug. 23, 2016 10:46 a.m. ET 0 COMMENTS Gold prices traded higher Tuesday on the back of a weaker dollar, as investors waited for further clues this week on the timing of an increase in U.S. interest rates. Gold for December delivery […]

Will Platinum Continue To Decline? – Investing.com

has been trading in a tight range the previous sessions. And as of today, the commodity is likely moving lower. Platinum is highly used for industrial and commercial purposes and aside from , and . Sometimes called “little silver, platinum is also among the commodities, which is traded and has caught the attention of investors […]