China’s demand for metals likely to remain strong in 2016
Jan 27, 2016 06:12 am UTC| Commentary
Prices of base metal are being weighed on by sharp decline in oil prices and weak Asian stock markets. The decline in prices of copper and nickel can be much worse as the Chinese CSI 300 index dropped 6%. The Chinese...
FxWirePro: Copper outlook – selling pressure to remain at rallies
Jan 26, 2016 09:20 am UTC| Commentary
Copper, which serves as a barometer for global growth likely to drop further mainly due to its link to Chinas consumption and weakness in global recovery. Currency depreciation against Dollar, across emerging markets is...
Saving Britain's steel industry: what can be done, and is it even worth it?
Jan 22, 2016 05:52 am UTC| Insights & Views
The announcement of over 1000 job losses at Tata Steel the vast majority at the Port Talbot plant in South Wales has understandably provoked heated debate. Yet this is just the latest incident in the industrys spiral of...
Gold price likely to benefit from concerns of multiple US Fed rate hikes
Jan 15, 2016 07:07 am UTC| Commentary
Declining stock markets is benefitting gold, which rose to $1,095 per troy ounce today in the morning. Gold, in terms of euro recovered the 1,000 per troy ounce mark. Meanwhile, gold is pulling up silver, whereas palladium...
Think gold is a safe haven? You might as well try the pokies
Jan 14, 2016 00:01 am UTC| Insights & Views
Recent and dramatic increases in the volatility of global equity markets have led to investors considering once again gold as a safe haven from storms in the markets. However, the turmoil in the markets stemming largely...
Gold ETFs holdings grew by 16 tonnes since start of 2016
Jan 12, 2016 11:23 am UTC| Commentary
According to the gold ETFs tracked by Bloomberg, inflows of 2.4 tonnes were registered yesterday, indicating that holdings have grown by 16 tonnes since the start of 2016. Gold is faring much better than all other...
Copper price hits a new 6.5-year low
Jan 12, 2016 04:26 am UTC| Commentary
Significant falls of China stock market took the commodity prices at multi year low. Apart from the commodity prices, energy sources alike are getting off to a poor start to the new week of trading. Major affected...
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