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 ...
Tag: Metals
Glencore share price analysis amid Maike Metals concerns
Glencore (LON: GLEN) share price has pulled back sharply in the past few days as concerns of a global recession continued. The stock slipped to a low of 448p, which was the lowest level since Septembe...
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...
Not Stocks, Not Bonds, Not Crypto, Not Precious Metals
Man shopping in a supermarket while on a budget. getty Inflation remains the most worrisome factor among economists and among families — and yet reputed inflation hedges are just not what they used to...
Russia Is Getting Frozen Out As Traders Negotiate Metals Contracts
(Bloomberg) — The metals world is beginning its annual ritual of hashing out contracts for the upcoming year with one key question in many traders’ minds: What’s going to happen to Russian suppl...
4 Precious Metals Stocks As Possible Inflation Hedges
Even though the Inflation Reduction Act of 2022 is in effect, markets can have a way of determining whether the plan works or not. Not that it’s expected, but if the oil and natural gas markets become...
Vale Posts Best Week in 20 Months on Metals Rebound, Nickel Plans
(Bloomberg) — Vale SA capped its best week since January last year amid a recovery in industrial metal prices and as investors welcomed the miner’s latest push to unlock value at its nickel and ...
Parkway Drive Have Their Sights Set On Being Metal’s Next Arena Headliners
WACKEN, GERMANY – AUGUST 03: Australian singer Winston McCall of Parkway Drive performs live on … [+] stage during the third day of the Wacken Open Air festival on August 3, 2019 in Wacken...
Gold and precious metals in the red
Fed Chairman Jerome Powell’s words at Jackson Hole cleared the air of the previous year’s underestimations of the crisis and inflation and negatively shook markets, and all assets suffered large losse...
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...
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...
Report Claims Russia and Iran Plan to Establish a Global Gas Cartel, Moscow to Launch Its Own Precious Metals Exchange – Economics Bitcoin News
Following Russian president Vladimir Putin’s statements at the end of June that indicated members of the BRICS nations have formalized plans to create a new “international reserve currency,” Russia is...
Mining Independence Is The Key To Energy Independence
Until recently, ESG investors avoided the mining industry. Fairly or not, to many it had a reputation for environmental degradation, child labor, political corruption and neo-colonialism. How to ̶...
Tokenized Commodities: Decentralized Swaps in Gold, Oil and Metals on MetalSwap
Place/Date: – August 22nd, 2022 at 3:26 pm UTC · 4 min read Source: MetalSwap MetalSwap, a multi-chain protocol that seeks to promote trade between producers and traders with fewer participants ...
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...
NFTs Backed By Gold and Precious Metals Can Create a Robust Portfolio
NFTs: What could non-fungible tokens and gold possibly have in common? More than you think, says Ahren Posthumus, the CEO of NFT marketplace Momint. The NFT sector has been hit hard by the crypto mark...
Recession is spreading, warns Peter Boockvar
There may be no escape from recession. The latest reports on housing and manufacturing, according to investor Peter Boockvar, suggest it’s rapidly spreading to other parts of the economy. “...
4 Significant Reversals From Down To Up
Metals and mining. getty More buyers than sellers are showing up in these metals and mining stocks lately. You can tell because the price charts show a “higher than the previous peak” pattern, a suref...
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 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...
Is it safe to invest in precious metals amid an ever-hawkish Fed?
Inflation rose to four decades highs in the United States, triggering a hawkish reaction from the Federal Reserve. The Fed frontloaded multiple rate hikes, lifting the funds rate from close to zero le...
Prosecutors Say JPMorgan Traders Scammed Metals Markets by Spoofing
CHICAGO—JPMorgan Chase & Co.’s precious-metals traders consistently manipulated the gold and silver market over a period of seven years and lied about their conduct to regulators who investigated ...
Copper Crash Deepens as Recession Fears Dominate Metals Trading
(Bloomberg) — Copper plunged below $7,500 a ton as fears of a global economic slowdown piled pressure on industrial metals and deepened their retreat from record highs just months ago. Most Read...
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 Keeps Its Shine for Investors as Other Precious Metals Fade
(Bloomberg) — Investors cut holdings in exchange-traded funds for silver, platinum and palladium in the second quarter on fears that a potential recession will reduce industrial demand, but gold...
Metals Haven’t Crashed This Hard Since the Great Recession
(Bloomberg) — Industrial metals are on track for the worst quarter since the 2008 financial crisis as prices are pummeled by recession worries. Copper, the great economic bellwether, has ricoche...
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 ...
The Limitations of Tokenizing Precious Metals – crypto.news
The premise behind tokenizing metals is simple: instead of investing in physical metal, you invest in a digital token representing the metal. The idea is that this will allow investors to take advanta...
Jabil, Commercial Metals, Tesla and more
Check out the companies making headlines before the bell: Jabil (JBL) – The contract electronics manufacturer saw its stock rise 1.2% in premarket trading after beating top and bottom-line estimates f...
Buy Newmont stock for its deep value and ‘very attractive’ dividend, UBS says
Shares of Newmont Corp. were little changed Tuesday, despite selloffs in gold futures and the broader stock market, after UBS analyst Cleve Rueckert said it was time to buy, given “compelling” valuati...