Gold Price Holding Its Ground
Gold Investing News reports gold prices are holding strong in the current markets. Year to date, gold is up about 3 per cent, while other economically sensitive commodities have rallied, with copper...
View ArticleMolybdenum crosses the key $10.00 per lb price line
Moly Investing News reports moly prices have gradually increased surpassing $10.00 per lb. Miners are hoping the metal continues the trend, claiming a price minimum of $10.00 per lb is essential in...
View ArticleNickel Prices To Firm Up
If new projects struggle to find their way onto the market, nickel prices could once again surge to US$ 50,000/t. Where does the answer lie? LME prices peaked at just over US$ 52,000/t in May 2007,...
View ArticleGold: Risky Play or Safe or Bet?
The factors limiting gold have a lot to do with fear of another financial crisis bringing us back into the doldrums of 2008. And isn’t gold supposed to be a safe haven investors turn to in unstable...
View ArticleJP Morgan revealed as mystery trader that bought £1bn-worth of copper on LME
The Daily Telegraph reports that JP Morgan is the mystery trader that grabbed more than half the copper on the London Metal Exchange.Continue reading...
View ArticleGlobal Economic Woes Could Help Gold Prices Hit a New Peak in Coming Years
If the “doom and gloom” predictions of the global economy’s future do come to fruition, many analysts predict the value of gold will continue on its long-term upward trend, topping $2000 US per ounce...
View ArticleSilver and Gold Passed Over for US Dollar
Safe haven demand has left the precious metals market and headed over to the US dollar and Treasurys as Eurozone economic woes are expected to further strengthen the greenback. But, the US is itself...
View ArticleFinancial Crisis Prompts Central Banks to Add to Gold Reserves
Mineweb reported that as world leaders meet to discuss the global financial situation, central banks are buying more gold.Continue reading...
View ArticleFaith in China Remains in Hearts of Copper Bulls
China, not Europe, holds the most sway in determining global copper demand, yet the Eurozone’s woes are hurting the red metal’s price. The bulls expect demand to rise steadily later this year,...
View ArticleGold Price Languishes on Cyprus Calm
Driven past $1,600 a week ago on fears of Cyprus going over a financial cliff, gold lost value after a bailout deal was announced.Continue reading...
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