Metals consumption likely to continue rising in China on expected growth of investment
Mar 04, 2016 10:15 am UTC| Commentary
Chinas future commodity consumption will mainly depend on the path of its income growth. Chinas population, while its huge in terms of level, the growth is slowing. This implies that Chinas increased commodity consumption...

Moody's: Asian steel producers will report lower earnings and high leverage in 2016
Feb 29, 2016 03:47 am UTC| Research & Analysis
Moodys Investors Service says that steel producers in Asia will see their overall earnings in 2016 fall to levels even lower than the weak results reported in 2015 because production volumes and spreads will contract...
The British steel industry: beyond repair?
Feb 16, 2016 14:30 pm UTC| Insights & Views
In Redcar, a town in the north-east of England, the community is reeling from the closure of a steelworks. More than 1,000 of the workers who were made redundant are looking for work four months later. Its not just...

Gold edges down from twelve-month high
Feb 15, 2016 11:34 am UTC| Commentary
Gold declined by more than 2 percent at $1,210 per troy ounce, and trades $50 below the twelve-month high hit last Thursday amid higher risk appetite among market participants. On Friday, the SPDR Gold Trust, the worlds...

Gold remains a safe haven amid global turbulence
Feb 10, 2016 11:32 am UTC| Commentary
Gold surged above the $1,200 per troy ounce mark and is likely to further. Amid global turmoil, gold clearly remains in demand as a safe haven. Gold in euro terms touched a 7½-month high of 1,076 per troy ounceon...

FxWirePro: Bears in charge of copper, $1.75 in sight
Feb 10, 2016 09:42 am UTC| Commentary
Copper price has reached our short term upside correction target around $2.14/pound and has fallen since. Sharp selloff in copper came despite China being closed for the week long New Year holiday. In one of our previous...
Goldman Sachs calls for $1000/troy ounce gold by year end
Feb 09, 2016 11:35 am UTC| Commentary
Hope for gold bears. US investment bank giant Goldman Sachs, which predicted oil could drop to as low as $20/barrel, thinks the current rally in gold unlikely to last and not only that but Gold could drop to as low as...