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Welcome to the world of commodity trading. This site is dedicated to give a distinctive guideline as how to make profit with Commodity Trading. Please visit the site for regular update and hot trends and latest news of the commodity markets world wide. Mcxmetal.com covers the latest news in the Commodity market and breaking financial news stories. It also reports on Forex, Equities, Agri commodities, Interest rates and a wide range of other Economic indicators.

COMMODITY BLOG NEWS

COMMODITY BLOG FORECAST

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  • Thu, 17 May 2012 23:52:31 +0000: Commodity Prices — May 17th 2012 - Commodity Blog
    Latest commodity prices (ICE, NYMEX, CME) as of 23:51 GMT: Oil (Brent) — $106.80 per barrel. Gold — $1,574.80 per troy ounce. Silver — $27.95 per troy ounce. Palladium — $602.15 per troy ounce. Copper — $346.60 per 100 pounds. Cocoa — $2,230.00 per metric ton. Sugar — $20.84 per 100 pounds. Corn — $623.00 per 100 [...]
  • Thu, 17 May 2012 00:55:40 +0000: Gold & Silver Suffer from Europe’s Crisis, Dry Weather Boost Wheat Prices - Commodity Blog
    Gold and silver erased this year’s gains as the credit crisis in Europe continue to weaken demand for raw materials. Talks about Greece exiting the euro-union are becoming more and more serious and some analysts even speculate about collapse of the eurozone. Traders seek a safe haven amid uncertainty and economic turmoil, but it looks like the dollar took the role of refuge that was traditionally attributed to precious metals. Gold was [...]
  • Wed, 16 May 2012 22:00:56 +0000: Commodity Prices — May 16th 2012 - Commodity Blog
    Latest commodity prices (ICE, NYMEX, CME) as of 21:59 GMT: Oil (Brent) — $111.65 per barrel. Gold — $1,535.80 per troy ounce. Silver — $27.04 per troy ounce. Palladium — $591.90 per troy ounce. Copper — $347.50 per 100 pounds. Cocoa — $2,279.00 per metric ton. Sugar — $20.85 per 100 pounds. Corn — $619.25 per 100 [...]
  • Tue, 15 May 2012 21:22:54 +0000: Wheat Prices Benefit from Weather, Oil & Rubber Slip on Greece - Commodity Blog
    Wheat posted the biggest gain in more than two weeks as adverse weather in the United States threatens to curb output. The US Department of Agriculture estimated that 52 percent of crops were in good or excellent condition as of May 13 the Kansas, the biggest US grower, down from 60 percent in the week before. Dry weather in parts of Russia and Ukraine is expected to further reduce supply of the grain. Wheat climbed from $5.9525 to $6.0700 [...]
  • Tue, 15 May 2012 20:00:49 +0000: Commodity Prices — May 15th 2012 - Commodity Blog
    Latest commodity prices (ICE, NYMEX, CME) as of 19:59 GMT: Oil (Brent) — $111.72 per barrel. Gold — $1,556.80 per troy ounce. Silver — $27.81 per troy ounce. Palladium — $594.65 per troy ounce. Copper — $349.45 per 100 pounds. Cocoa — $2,259.00 per metric ton. Sugar — $20.39 per 100 pounds. Corn — $597.50 per 100 [...]
  • Mon, 14 May 2012 21:27:27 +0000: Commodities Fall on Greece, Gold Erases Year’s Gains - Commodity Blog
    Commodities continue to be beaten by the crisis in Europe. Oil extended its decline and gold erased this year’s gains as the dollar strengthened on the European problems, pushing commodity prices down. Greece is still unable to form a coalition government and talks about the country leaving the eurozone are becoming more serious as European politicians consider such outcome as a reality perhaps for the first time. Crude oil has its own bearish story [...]
  • Mon, 14 May 2012 20:31:33 +0000: Commodity Prices — May 14th 2012 - Commodity Blog
    Latest commodity prices (ICE, NYMEX, CME) as of 20:30 GMT: Oil (Brent) — $111.06 per barrel. Gold — $1,561.90 per troy ounce. Silver — $28.17 per troy ounce. Palladium — $590.55 per troy ounce. Platinum — $1,443.60 per troy ounce. Copper — $351.85 per 100 pounds. Cocoa — $2,241.00 per metric ton. Sugar — $20.27 per 100 [...]
  • Sun, 13 May 2012 18:52:10 +0000: Video: Gold, Silver, Oil Technical Analysis for Week of May 14 - Commodity Blog
    These three short videos show what analysts expect of the week starting May 14 for gold, silver and oil. All of the commodities demonstrated bearish trends and the videos show potential downside targets in case the trends would persist. Additionally, the conditions under which the bearishness may be broken are also discussed. (...)Read the rest of Video: Gold, Silver, Oil Technical Analysis for Week of May 14 [...]
  • Sat, 12 May 2012 14:27:07 +0000: Technical Analysis, May 14th — May 18th, 2012 - Commodity Blog
    The technical analysis, that includes the indicators’ data and major pivot points for Brent Oil, Gold, Silver and Copper as traded on spot market as of May 12th, 2012: Indicators Moving Averages RSI Parabolic SAR CCI Oil Short Oversold Short Neutral Gold Short Neutral Short Short Silver Short Oversold Short Short Copper Short Neutral Short Short Floor Pivot Points 3rd Sup 2nd Sup 1st [...]
  • Fri, 11 May 2012 21:29:26 +0000: Gold Almost Erases This Year’s Gains, Cotton at 21-Month Low - Commodity Blog
    Gold traded close to the lowest level this year before rising a little. The precious metal gives little hopes to bulls as problems in Europe make the dollar stronger, subduing commodity prices. The United States also causes some concern, even though it is in far better shape than the debt-ridden European Union. The US Producer Price Index fell 0.2 percent today, even though forecasters promised it to stay [...]
  • Thu, 17 May 2012 23:52:31 +0000: Commodity Prices — May 17th 2012 - Commodity Blog
    Latest commodity prices (ICE, NYMEX, CME) as of 23:51 GMT: Oil (Brent) — $106.80 per barrel. Gold — $1,574.80 per troy ounce. Silver — $27.95 per troy ounce. Palladium — $602.15 per troy ounce. Copper — $346.60 per 100 pounds. Cocoa — $2,230.00 per metric ton. Sugar — $20.84 per 100 pounds. Corn — $623.00 per 100 [...]
  • Thu, 17 May 2012 00:55:40 +0000: Gold & Silver Suffer from Europe’s Crisis, Dry Weather Boost Wheat Prices - Commodity Blog
    Gold and silver erased this year’s gains as the credit crisis in Europe continue to weaken demand for raw materials. Talks about Greece exiting the euro-union are becoming more and more serious and some analysts even speculate about collapse of the eurozone. Traders seek a safe haven amid uncertainty and economic turmoil, but it looks like the dollar took the role of refuge that was traditionally attributed to precious metals. Gold was [...]
  • Wed, 16 May 2012 22:00:56 +0000: Commodity Prices — May 16th 2012 - Commodity Blog
    Latest commodity prices (ICE, NYMEX, CME) as of 21:59 GMT: Oil (Brent) — $111.65 per barrel. Gold — $1,535.80 per troy ounce. Silver — $27.04 per troy ounce. Palladium — $591.90 per troy ounce. Copper — $347.50 per 100 pounds. Cocoa — $2,279.00 per metric ton. Sugar — $20.85 per 100 pounds. Corn — $619.25 per 100 [...]
  • Tue, 15 May 2012 21:22:54 +0000: Wheat Prices Benefit from Weather, Oil & Rubber Slip on Greece - Commodity Blog
    Wheat posted the biggest gain in more than two weeks as adverse weather in the United States threatens to curb output. The US Department of Agriculture estimated that 52 percent of crops were in good or excellent condition as of May 13 the Kansas, the biggest US grower, down from 60 percent in the week before. Dry weather in parts of Russia and Ukraine is expected to further reduce supply of the grain. Wheat climbed from $5.9525 to $6.0700 [...]
  • Tue, 15 May 2012 20:00:49 +0000: Commodity Prices — May 15th 2012 - Commodity Blog
    Latest commodity prices (ICE, NYMEX, CME) as of 19:59 GMT: Oil (Brent) — $111.72 per barrel. Gold — $1,556.80 per troy ounce. Silver — $27.81 per troy ounce. Palladium — $594.65 per troy ounce. Copper — $349.45 per 100 pounds. Cocoa — $2,259.00 per metric ton. Sugar — $20.39 per 100 pounds. Corn — $597.50 per 100 [...]
  • Mon, 14 May 2012 21:27:27 +0000: Commodities Fall on Greece, Gold Erases Year’s Gains - Commodity Blog
    Commodities continue to be beaten by the crisis in Europe. Oil extended its decline and gold erased this year’s gains as the dollar strengthened on the European problems, pushing commodity prices down. Greece is still unable to form a coalition government and talks about the country leaving the eurozone are becoming more serious as European politicians consider such outcome as a reality perhaps for the first time. Crude oil has its own bearish story [...]
  • Mon, 14 May 2012 20:31:33 +0000: Commodity Prices — May 14th 2012 - Commodity Blog
    Latest commodity prices (ICE, NYMEX, CME) as of 20:30 GMT: Oil (Brent) — $111.06 per barrel. Gold — $1,561.90 per troy ounce. Silver — $28.17 per troy ounce. Palladium — $590.55 per troy ounce. Platinum — $1,443.60 per troy ounce. Copper — $351.85 per 100 pounds. Cocoa — $2,241.00 per metric ton. Sugar — $20.27 per 100 [...]
  • Sun, 13 May 2012 18:52:10 +0000: Video: Gold, Silver, Oil Technical Analysis for Week of May 14 - Commodity Blog
    These three short videos show what analysts expect of the week starting May 14 for gold, silver and oil. All of the commodities demonstrated bearish trends and the videos show potential downside targets in case the trends would persist. Additionally, the conditions under which the bearishness may be broken are also discussed. (...)Read the rest of Video: Gold, Silver, Oil Technical Analysis for Week of May 14 [...]
  • Sat, 12 May 2012 14:27:07 +0000: Technical Analysis, May 14th — May 18th, 2012 - Commodity Blog
    The technical analysis, that includes the indicators’ data and major pivot points for Brent Oil, Gold, Silver and Copper as traded on spot market as of May 12th, 2012: Indicators Moving Averages RSI Parabolic SAR CCI Oil Short Oversold Short Neutral Gold Short Neutral Short Short Silver Short Oversold Short Short Copper Short Neutral Short Short Floor Pivot Points 3rd Sup 2nd Sup 1st [...]
  • Fri, 11 May 2012 21:29:26 +0000: Gold Almost Erases This Year’s Gains, Cotton at 21-Month Low - Commodity Blog
    Gold traded close to the lowest level this year before rising a little. The precious metal gives little hopes to bulls as problems in Europe make the dollar stronger, subduing commodity prices. The United States also causes some concern, even though it is in far better shape than the debt-ridden European Union. The US Producer Price Index fell 0.2 percent today, even though forecasters promised it to stay [...]

METAL BULLETIN

COMMODITY ONLINE TOP STORY

  • Fri, 18 May 2012 00:47:00 +0000: US aluminum billet premiums strike one-year high - Base metals
    US aluminum billet premiums reached a one-year high this week as producers and traders reported tight supply amid growing demand and continued outages.
  • Fri, 18 May 2012 00:45:00 +0000: Alcoa breaks ground on $90M Indiana expansion - Base metals
    Alcoa Inc. has broken ground on a $90-million expansion at its Lafayette, Ind., facility, which is expected to boost the company’s production of aluminum-lithium alloys for the aerospace sector.
  • Fri, 18 May 2012 00:22:00 +0000: US mining engineering facing big hurdles - Base metals
    Funding and a lack of qualified teachers are the biggest obstacles to keeping the US mining engineering industry alive, the head of the University of Arizona’s Department of Mining and Geological Engineering told AMM Wednesday in an interview ahead of the Copper Club’s annual dinner in Phoenix.
  • Fri, 18 May 2012 00:10:00 +0000: CaNickel idles Bucko Lake mill on falling prices - Base metals
    Canadian junior nickel miner CaNickel Mining Ltd. has temporarily suspended mill operations at its Bucko Lake Mine in Manitoba due to low nickel prices.
  • Thu, 17 May 2012 17:45:00 +0000: Tin use outside China down in 2011 - Base metals
    Tin use globally, excluding China, is estimated to have fallen by about 3% in 2011, according to figures released by the International Tin Research Institute (ITRI).
  • Thu, 17 May 2012 17:35:00 +0000: CLOSE TO CLOSE: Base metals prices mixed in LME kerb - Base metals
    Base metals prices were mixed in Thursday’s kerb trading on the London Metal Exchange after spending the day in tight ranges tracking the fluctuating euro.
  • Thu, 17 May 2012 15:20:00 +0000: MEIR ON METALS: Markets adrift as Greek elections loom, Spanish rates push higher - Base metals
    Analyst Ed Meir looks at what is moving the metal markets on Thursday May 17.
  • Thu, 17 May 2012 15:18:00 +0000: LME revenues up; profits dip on higher running costs - Base metals
    The London Metal Exchange achieved pre-tax profits of £11.38 million ($18.15 million) in 2011, down 8.7% as the company saw expenses jump by nearly a third due to higher operational costs.
  • Thu, 17 May 2012 15:11:00 +0000: BHP Billiton may slow spending on its Olympic Dam project — analysts - Base metals
    BHP Billiton has a ready capacity to sequence spending on its Olympic Dam open pit copper-uranium project in South Australia, analysts said.
  • Thu, 17 May 2012 15:00:00 +0000: HOTLINE: Safety council rescinds Vedanta award again - Base metals
    The British Security Council (BSC) has suspended a safety award that it granted to a Vedanta Resources subsidiary after it was made aware of a fatality at the company’s operations – the second time in as many years that the BSC has taken back an award from the diversified miner.
  • Thu, 17 May 2012 00:00:00 +0000: India's Basmati Rice exports to face tough competition form Philippines by 2013 - Commodity Online News
    India's basmati rice exports likely to face tough competition from Philippine variety as the country plans to boost the premium rice variety to starts exports after 2013.
  • Thu, 17 May 2012 00:00:00 +0000: Strong export demand pushes Soybean future in CBOT up - Commodity Online News
    On the back of strong export demand amid restricted to selling by the farmers, the soybean futures in Chicago Board of Trade (CBOT) surged on Thursday.
  • Thu, 17 May 2012 00:00:00 +0000: Corn futures in CBOT NCDEX surges on higher US exports poultry demand - Commodity Online News
    Corn (Maize) futures rose in Chicago Board of Trade (CBOT) as well as in India's National Commodity and Derivative Exchange (NCDEX) on the back of increased exports exports of the commodity to China by the US and rising demand from the poultry industry.
  • Thu, 17 May 2012 00:00:00 +0000: Global Indian Spain Iran refined copper production rises in Q1: WBMS - Commodity Online News
    Global refined copper production rose by 3% year-on-year to 4.95 million tons in the first quarter (Q1) of this year with significant increase in Spain, Iran and India, as per latest data released by World Bureau of Metal Statistics (WBMS).
  • Thu, 17 May 2012 00:00:00 +0000: Bahrain Oil production to double to 100 000 bpd in 5 years - Commodity Online News
    Bahrain oil production is expected to double to 100,000 barrels a day (bpd) from the current 50,000 bpd within five years, said Abdul-Hussain Ali Mirza, Bahrain and rsquo;s energy minister.
  • Thu, 17 May 2012 00:00:00 +0000: India Cotton price down on lower China imports weak domestic demand - Commodity Online News
    Cotton prices in India's National Commodity and Derivatives Exchange (NCDEX) dropped on Thursday due to higher production amid lower demand from domestic textile firms and slowed exports to China.
  • Thu, 17 May 2012 00:00:00 +0000: Wheat futures up in NCDEX on higher exports prospects - Commodity Online News
    On the back of the reports that India plans to allow around 10 million tons of wheat for exports to accommodate the present paddy harvest, the commodity futures in India's National Commodity and Derivatives Exchange (NCDEX) surges higher.
  • Thu, 17 May 2012 00:00:00 +0000: India gold silver futures trade volume dips 35% base metals rise 36% in April - Commodity Online News
    Trade volume in gold and silver futures fell 35% in April to Rs 53464.13 crore on a year-on-year basis while base metals gained 36% at Rs 267842.26 cr, according to data from market regulator, Forward Markets Commission (FMC)
  • Thu, 17 May 2012 00:00:00 +0000: Global Coffee demand rose by 2% in 2011 12 - Commodity Online News
    With the increasing users of coffee, mainly in the emerging markets- especially in Asia and South America- the global demand for the commodity has rose by 2% in 2011-12.
  • Thu, 17 May 2012 00:00:00 +0000: Selling in Gold largely coming from speculators: Commerzbank - Commodity Online News
    The continuing slide in gold appears to be the result of selling by short term speculators, said Commerzbank, the second-largest bank in Germany, after Deutsche Bank.

BULLION NEWS

YAHOO TOP STORIES

  • Thu, 17 May 2012 00:00:00 +0000: Gold remains on defensive after Greek coalition talks fail: Commerzbank - Commodity Online Bullion News
    Gold remains on the defensive after coalition talks aimed at forming a new government collapsed Tuesday in Greece, meaning another round of elections in June, said Commerzbank, the second-largest bank in Germany, after Deutsche Bank.
  • Thu, 17 May 2012 00:00:00 +0000: Selling in Gold largely coming from speculators: Commerzbank - Commodity Online Bullion News
    The continuing slide in gold appears to be the result of selling by short term speculators, said Commerzbank, the second-largest bank in Germany, after Deutsche Bank.
  • Thu, 17 May 2012 00:00:00 +0000: Gold records lower high for 10 straight sessions - Commodity Online Bullion News
    Gold, during its recent slide, has now posted 10 straight sessions of lower highs, said Alex Thorndike, senior trader for precious metals and foreign exchange with MKS Capital.
  • Thu, 17 May 2012 00:00:00 +0000: China Gold consumption rallies ahead of India in Q1: WGC - Commodity Online Bullion News
    China gold rally continued in the first quarter of this year and surpassed India as the world's top consumer, as per latest data released by World Gold Council (WGC) on Thursday.
  • Thu, 17 May 2012 00:00:00 +0000: India gold silver futures trade volume dips 35% base metals rise 36% in April - Commodity Online Bullion News
    Trade volume in gold and silver futures fell 35% in April to Rs 53464.13 crore on a year-on-year basis while base metals gained 36% at Rs 267842.26 cr, according to data from market regulator, Forward Markets Commission (FMC)
  • Thu, 17 May 2012 00:00:00 +0000: US Silver production declines sharply in Feb: USGS - Commodity Online Bullion News
    United States mined silver production declined by 9% versus last year and was down 6% versus January and rsquo;s levels, as per latest data released by the United States Geological Survey (USGS).
  • Thu, 17 May 2012 00:00:00 +0000: Gold rise sharply by 216% in Turkish lira terms in 5 yrs: WGC - Commodity Online Bullion News
    The gold price has risen in all major currencies in recent years; in Turkish lira terms the price increased 216% between May 2007 and April 2012, said World Gold Council in its and ldquo;Global gold market-first quarter 2012 and rdquo;.
  • Wed, 16 May 2012 00:00:00 +0000: Gold breaks below long term uptrend channel targets $1462 oz - Commodity Online Bullion News
    International gold prices have broken below its long term trend channel and is increasingly threatening to drop further lower (see chart at the bottom)
  • Wed, 16 May 2012 00:00:00 +0000: Gold falls to lowest level since July 2011: Barclays - Commodity Online Bullion News
    Gold declined by 0.8% to $1543.95/oz, the lowest level since July 2011 as the dollar strengthened against the Euro, said Barclays Capital in a commodities research note.
  • Wed, 16 May 2012 00:00:00 +0000: Central Banks may buy 700 tons of gold bullion in 2012: Michael Lombardi - Commodity Online Bullion News
    The central banks of the world is expected to purchase 700 tons of gold bullion in 2012, if the current rate of buying continues at this pace, says Michael Lombardi, lead contributor for financial newsletter Profit Confidential.
  • Fri, 18 May 2012 03:10:15 +0000: Nervous investors send S&P lower for fifth day - Yahoo! Finance: Top Stories
    Stocks hit a four-month low on Thursday as rising Spanish bond yields increased investor anxiety over that country's banks and another round of weak data undermined hopes for U.S. economic recovery. Growing ...
  • Fri, 18 May 2012 03:10:14 +0000: Facebook wraps up IPO, set for big Friday pop - Yahoo! Finance: Top Stories
    Facebook Inc is set to raise up to $18.4 billion in its IPO and become the first U.S. company to be worth more than $100 billion at its debut, as investors bet on a big pop in the stock when it begins ...
  • Fri, 18 May 2012 03:10:13 +0000: JPMorgan's Dimon says will testify before Congress - Yahoo! Finance: Top Stories
    JPMorgan Chase & Co Chief Executive Jamie Dimon has agreed to testify before Congress over the bank's recent trading losses, which have ignited a political debate over whether large U.S. banks need to ...
  • Fri, 18 May 2012 03:10:12 +0000: GM ad move followed failed Facebook pitch: sources - Yahoo! Finance: Top Stories
    Facebook may only have itself to blame for why General Motors rained on its IPO parade this week. GM announced the decision to drop Facebook paid ads on Tuesday in what was the first highly visible crack ...
  • Fri, 18 May 2012 03:10:11 +0000: China second quarter GDP growth seen at 7.5 percent: government think-tank - Yahoo! Finance: Top Stories
    China's annual economic growth could slow to 7.5 percent in the second quarter, largely due to curbs on the property sector and headwinds from external demand, the State Information Center, a government ...
  • Fri, 18 May 2012 03:10:10 +0000: Gupta trial could feature big corporate stars - Yahoo! Finance: Top Stories
    Lloyd Blankfein, Warren Buffett and other well-known chieftains of corporate America might be called to testify at the insider trading trial starting on Monday of former Goldman Sachs Group Inc and Procter ...
  • Fri, 18 May 2012 03:10:09 +0000: JPMorgan unit has $100 billion in securitized assets, structured debt: FT - Yahoo! Finance: Top Stories
    The unit at the center of JPMorgan Chase & Co's recently revealed $2 billion trading loss has built up more than $100 billion in positions in asset-backed securities and structured products, the Financial ...
  • Fri, 18 May 2012 03:10:08 +0000: Buffett tried to buy ResCap before bankruptcy: report - Yahoo! Finance: Top Stories
    Billionaire investor Warren Buffett sought to buy Residential Capital from Ally Financial before the U.S. auto and mortgage lender put its home-lending unit into bankruptcy, Bloomberg said, citing three ...
  • Fri, 18 May 2012 03:10:07 +0000: Japan government ups economic outlook on consumption, exports - Yahoo! Finance: Top Stories
    Japan's government took a brighter view of the economy in a report on Friday, thanks to improvements in private consumption and exports, but it warned that Europe's debt crisis and financial market swings ...
  • Fri, 18 May 2012 03:10:06 +0000: MF Global clients bash fat fees, seek quick wind-down - Yahoo! Finance: Top Stories
    The legal team winding down MF Global's bankruptcy estate, led by former FBI director Louis Freeh, has racked up nearly $25 million in estimated fees since its November 25 appointment. Now a customer group ...
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  • METALS-Copper steadies; Spain threatened by Greece's troubles - Reuters May 17, 2012
    TheBull.com.auMETALS-Copper steadies; Spain threatened by Greece's troublesReuters... May 17 (Reuters) - Copper prices steadied on Thursday after sliding for four straight days and touching four-month lows, but traders remained wary about the metal's prospects amid fears of more fall out from Europe should Greece exit the euro.METALS-Copper rebound […]
  • Gold demand plunges 29% in Q1 - Times of India May 17, 2012
    CNBC.comGold demand plunges 29% in Q1Times of IndiaNEW DELHI: High gold prices coupled with the three-week strike by jewellers has resulted in a sharp fall in purchase of the yellow metal during the first quarter, with sales falling nearly 29% to a little over 200 tonnes during January-March, 2012.India Q1 gold demand slides 29%: WGCLivemintGold demand muted […]
  • METALS-Copper steady but near 4-mth lows, Greece crisis weighs - Reuters May 17, 2012
    METALS-Copper steady but near 4-mth lows, Greece crisis weighsReutersTraders said China's smelters and merchants were delivering around 110000 tonnes of refined copper cathode to London Metal Exchange (LME) warehouses in South Korea, in a rare hefty outflow of inventories that could pressure copper prices. […]
  • PRECIOUS METALS: Comex Gold Rebounds After December Lows Hold - Wall Street Journal May 17, 2012
    Globe and MailPRECIOUS METALS: Comex Gold Rebounds After December Lows HoldWall Street JournalBy Matt Day Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Gold futures rebounded on Thursday, as some investors who had bet on declining prices closed those positions after the metal slumped to a 10-month low. The most actively traded contract, ...Gold rises more tha […]
  • Precious metals recover on local buying, firm global trend - Financial Express May 17, 2012
    Precious metals recover on local buying, firm global trendFinancial ExpressNew Delhi: Snapping a three-day long losing streak, both the precious metals -- silver and gold – prices recovered in the national capital today on emergence of buying by stockists and jewellers amid a firming global trend. The gold gained Rs 180 to Rs ...and more » […]
  • Major Changes for Precious Metal Gold & Silver Investors: Smith McKenna, LLC ... - Sacramento Bee May 17, 2012
    Major Changes for Precious Metal Gold & Silver Investors: Smith McKenna, LLC ...Sacramento BeeThey were able to experience remarkable wealth creation from the boom of precious metal prices, and industry factors point to a possible repeat right around the corner. Smith McKenna's new business model will drive up investor gains even further from ...and […]
  • Novolipetsk Steel Predicts 30% Earnings Boost From Higher Prices - Bloomberg May 17, 2012
    RTNovolipetsk Steel Predicts 30% Earnings Boost From Higher PricesBloombergOAO Novolipetsk Steel, Russian billionaire Vladimir Lisin's steelmaker, forecast second-quarter earnings will climb more than 30 percent on higher metal prices. Hot-rolled steel coil exported from the Black Sea rose from a low of $577.50 a metric ton ...NLMK posts good 1Q results […]
  • Base and precious metals tumble on Greek turmoil - Business Standard May 16, 2012
    Base and precious metals tumble on Greek turmoilBusiness StandardPolitical turmoil in Greece undermined investors' confidence in global commodities, triggering a drastic decline in prices today. Downward pressure dragged base and precious metals to over four-month lows. Copper for delivery in three months on the ...and more » […]
  • Expect Crude to remain under pressure: Angel Commodities - Moneycontrol.com May 16, 2012
    Moneycontrol.comExpect Crude to remain under pressure: Angel CommoditiesMoneycontrol.comAdditionally, rise in risk aversion in the global markets and a stronger dollar also exerted further downside pressure on the yellow metal prices. Moreover, fall in crude oil prices also affected the inflation-led demand for gold. Silver prices on the ...Crude Oil Rises; […]
  • Copper, other base metals remain weak on global cues - Business Standard May 16, 2012
    Business StandardCopper, other base metals remain weak on global cuesBusiness StandardPTI / New Delhi May 16, 2012, 15:43 IST Weak conditions continued to prevail on the non-ferrous metals market today with prices of copper and nickel falling up to Rs 5 per kg largely in tandem with a weak trend at the London Metal Exchange.METALS-Copper sinks on weak euro, […]