Tuesday, July 23, 2013

Gold, Silver, Metal Prices: Commentary – 10/30/2009

October 30, 2009 by · Leave a Comment 

GDP: Great Day to Play Good Day, Friday’s market sessions in precious metals started off on a tamer note, following the best gains in gold in three weeks. Explanations follow. The recapture of the $1045 area is noteworthy, although analysts we polled during the wee hours overseas are trying to define the move as everything [...]

Top China aluminium company returns to profit

October 27, 2009 by · Leave a Comment 

Aluminum Company of China (Chalco) has returned to profit, after three consecutive quarterly losses, and analysts expect profits to continue in line with higher metal prices. Read more….

Gold, Silver, Metal Prices: Commentary – 10/26/2009

October 26, 2009 by · Leave a Comment 

Fun(d) and Games Good Day, Dollar weakness was manifest once gain as the new trading week got underway, with the US currency recording a fresh 14-month low against the euro overnight. The greenback also slipped on the trade-weighted index, losing 0.13 to 75.31 at last check. This morning’s macroeconomic news reveals a mixed bag of confidence, one [...]

RUSAL reports net loss in H1

October 26, 2009 by · Leave a Comment 

The aluminium producer blamed low global metal prices and a weaker rouble for the result. Read more….

Gold, Silver, Metal Prices: Commentary (10/23/2009)

October 24, 2009 by · Leave a Comment 

A Turkey for Turkey, The UK Lays an Economic Egg, and Russia Sells…Gold?! Good Day, Gold prices continued to remain ‘in the zone’ (the $1040-$1070 zone, that is) overnight, with little in the way of fresh market-impactful news making their way into the media stream. The US dollar remained at or very near the 1.50 [...]

Sharp pull back in metal prices likely; buying opportunities imminent – Analysts

October 22, 2009 by · Leave a Comment 

Some believe an adjustment of up to 20% is overdue Read more….

Gold, Silver, Metal Prices: Commentary (10/19/2009)

October 19, 2009 by · Leave a Comment 

A Bubble in Bubbles Not So Tiny Good Day, Gold prices started the new week off in Asia overnight by reversing Friday’s slim gains and re-testing the $1050 level as a strengthening US dollar was once again part of the background picture. More than 13.5 tonnes of gold flowed out of the combined balances of [...]

Norilsk H1 profit down 84%, beats forecast

October 19, 2009 by · Leave a Comment 

Norilsk Nickel, the world’s largest nickel and palladium miner, said on Monday lower metal prices pushed first-half profit down sharply, but the results beat analyst forecasts. Net profit attributable to shareholders fell 84% year-on-year to $419-million, above an average Reuters poll estimate of $349-million. Read more….

Still no certainty for metal prices as China continues to change things fundamentally

October 16, 2009 by · Leave a Comment 

A look back at LME week and what the insiders are saying about metals prices. Read more….

Gold, Silver, Metal Prices: Commentary (10/16/2009)

October 16, 2009 by · Leave a Comment 

Rich Gold Now Sold (By, And To, The Rich) Good Day, A second day of falling prices in gold was once again, brought to you courtesy of a strengthening dollar. Initial support at $1048 was once again breached early this morning, precipitated by a gain of 0.35 in the USD on the index (now at [...]

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