Rio Tinto PLC reported a 41% fall in net profit for 2022 and cut its payout to shareholders, reflecting a downswing in iron ore and copper prices. The world’s second-biggest miner RIO, -1.16% RIO, +1....
Tag: Metals Markets
Lithium Stocks Crashed. Now We Know Why. What It Means for Tesla, EV Stocks.
Lithium stocks cratered on Friday. The reason was a mystery. Now investors have an answer—it was down to the world’s largest electric-vehicle battery maker, Contemporary Amperex Technology , or CATL, ...
Gold Prices Are Gaining Ground. Here’s How to Invest.
Oil and other commodities were the stars of 2022. Gold, already off to a strong start, could take that mantle in 2023. Last year was a disappointment for those who expected gold to perform well amid a...
Gold prices post a golden cross, settle at highest since April
Gold prices on Friday marked their first settlement above $1,900 an ounce since April, finding support from a weekly decline in the U.S. dollar in the wake of data showing a slowdown in U.S. inflation...
Semiconductor Stocks Are Struggling. A Bottom Could Be Nearer.
This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s. The Chips Are Really Down UBS House View—Daily U.S. UBSJan. ...
Why gold prices may be headed for record highs this year
Gold recently climbed to its highest prices in nearly seven months, feeding expectations that the precious metal is on track to notch record highs this year, after closing out 2022 with a modest loss....
Gold, silver kick off 2023 by advancing to highest levels in months
Gold prices kicked off the first trading session of 2023 on Tuesday by advancing to fresh 6-month highs, bolstered by lower bond yields and expectations about more central-bank buying. Other precious ...
Gold prices near highest levels since June as U.S. dollar weakens
Gold and silver prices were trading slightly higher on Tuesday as the U.S. dollar slipped, while industrial metals like copper suffered even as news of China lifting Covid restrictions to reopen its e...
Markets for Critical Minerals Are Too Prone to Failure
Text size Workers inspect an open cast at Arcadia Lithium mine on January 11, 2022 in Goromonzi, Zimbabwe. Tafadzwa Ufumeli/Getty Images About the authors: Cullen Hendrix is senior fellow at the Peter...
Gold prices end higher, pare their loss for the week
Gold futures ended higher on Friday after a volatile week that saw prices climb to a nearly six-month high but post a weekly decline, pressured by expectations for higher U.S. interest rates. Price ac...
Gold prices log highest finish in just over a week after U.S. inflation data
Gold prices on Friday marked their highest finish in just over a week, after the U.S. November producer-price inflation came in slightly higher than expected. Price action February gold GC00, -0.07% ...
Dow ends nearly 200 points lower as investors weigh ISM manufacturing and inflation data, await jobs report
U.S. stocks finished a choppy session mostly lower on Thursday after the ISM manufacturing index showed American factory activities contracted to a 30-month low in November. Stocks had opened mostly h...
Opinion: Don’t cheer yet — rising gold prices are likely to reverse
Long-suffering gold bugs will likely have to suffer a while longer. That’s because gold traders on the whole have not thrown in the towel and thereby given up on the yellow metal GC00, +0.54%. Only wh...
Silver prices jump over 8% and gold extends gains as Treasury yields pull back
Silver prices climbed sharply on Monday to post their strongest daily percentage gain since February 2021, and gold futures rose to their highest finish since mid-September as a disappointing reading ...
This Should Have Been a Great Year for Gold. Here’s Why It Isn’t.
Investors expected sticky inflation to lift gold prices this year. Instead, the opposite happened. The most actively traded gold contract is on pace to decline for six consecutive months, with a loss ...
Overlooked by Investors, Royalties Are Fetching Princely Sums
Sept. 18, 2022 9:00 am ET Listen to article (2 minutes) ADELAIDE, Australia—A rush of deals for royalties on resources projects is drawing attention to an asset that many investors didn’t even know ab...
Silver is outperforming gold this month, and that’s just the start
Silver has underperformed gold this year, but that could soon change. “A real scarcity has been developing in the silver market,” said Keith Weiner, founder and president of precious metals based inve...
Opinion: When investors turn maximum bearish on gold — which might happen soon — expect a big turnaround in prices
“Gold will continue to struggle until gold market timers become significantly more bearish.” That’s the lead sentence of the last two columns I’ve devoted to a contrarian analysis of gold sentiment, o...
Silver tumbles to 2-year low as precious metals sell off again
Precious metals prices fell again on Thursday as gold tumbled to its lowest level in roughly 6 weeks, while silver hit its lowest in more than two years as investors bet that interest rates will remai...
Alcoa Has a Plan for Zero Emissions. Buy the Stock While It’s a Bargain.
The outlook for aluminum is brightening, and so are the prospects for Alcoa, probably the best pure play on the versatile and light metal—and a cheap one. Alcoa stock (ticker: AA) looks like a bargain...
Gold is down 15% from its record high but here’s why it may still be key to a diversified portfolio
Two years after gold’s rise to its highest-ever price, the metal doesn’t have a lot to show for it. It has failed to regain ground above the $2,000 level, prompting investors to question its ability t...
Gold marks longest losing streak since July, falls nearly 3% for the week
Gold ended Friday at its lowest price in just over three weeks, down a fifth straight session to mark its longest losing streak since early July, as rising Treasury yields and a resurgent U.S. dollar ...
Gold prices log a 4th straight loss to end at a 3-week low
Gold futures gave up early gains on Thursday to suffer a fourth straight session loss, with prices settling at their lowest in three weeks on the back of strength in the U.S. dollar, as investors dige...
Gold scores biggest one day rally since March, silver jumps nearly 7% due to Fed-inspired ‘short squeeze’
Gold and silver rose sharply on Thursday, with gold logging its biggest one-day percentage gain since March and silver rallying by nearly 7% to finish at its highest price in a month. Price action Gol...
Gold Prices Hit by Renewed Bets on Higher Yields and Stronger Dollar
Inflation keeps surging to multiyear highs, yet gold can’t catch a break.The most actively traded gold futures contract has fallen $79.90, or 4.4%, to $1,727.40 troy ounce in July, on pace for its fou...
Gold Has Been a Disappointment This Year. What Could Change That.
Rising interest rates and strength in the dollar contributed to gold’s drop to $1,700.20 an ounce on July 20, the lowest finish since March 30, 2021. Here: a row of gold ingots in a foundry. Andrey Ru...
Gold prices fall back to a more than 15-month low
Gold futures declined on Wednesday as the U.S. dollar found its footing following a brief pullback, dragging prices for the metal back down to their lowest settlement in more than 15 months. Price act...
Gold prices settle at their lowest level of the year as the dollar index climbs toward a 20-year high
Gold on Tuesday fell below the key $1,800-an-ounce level to settle at its lowest price so far this year, while silver futures ended at a two-year low, on back of a rise in the U.S. dollar index toward...
Gold falls for the week after a dip below $1,800, as silver settles its lowest price in 2 years
Gold futures on Friday briefly dipped below the key $1,800-an-ounce level — posting a loss for the week, while silver prices dropped to their lowest finish since July 2020. The weakness in precious me...
Gold prices down a second week as recession fears drive copper to biggest weekly loss in a year
Gold and silver prices edged up for the session on Friday, but end lower for a second straight week, as copper posted its biggest weekly percentage loss in a year. What are prices doing? August gold ...
Bitcoin Just Crashed Below $20,000. Where It Might Be Headed Next.
Text size Bitcoin prices have been crashing and could fall even further. Courtesy Ethan Lou The Bitcoin carnage continues, as the cryptocurrency breaks $20,000 to trade at its lowest level since 2020....
Opinion: Central banks are buying gold at the fastest rate in half a century
Here’s another reason why it may not be completely insane to add some gold bullion to your 401(k) or retirement account. Central banks are stocking up. Three economists—Serkan Arslanalp and Chima Simp...