Tag: Metals/Mining

Gold struggles to hold above $1,800 as traders look ahead to Fed meeting

Gold futures wavered between small gains and losses on Monday holding around the key $1,800 mark, finding some support as the U.S. dollar softened, as...

Gold heads for highest finish in nearly a month as Powell says inflation will moderate

Gold futures headed toward their highest finish in nearly a month on Wednesday, with prices up for a second session. Softness in the U.S. dollar...

Gold logs back-to-back gains to start July, second half of 2021

Gold futures finished higher Thursday, supported by opportunistic buying and an unwind of short bets overnight, amid a rise in the dollar to a three-month...

Gold prices finish higher after sharpest weekly skid in over a year

Gold futures ended higher Monday, with the precious metal scoring a partial rebound from its steepest weekly decline since March 2020. Bullion’s gains came as...

Gold slips back from key $1,900 level ahead of U.S. data

Gold prices hovered under the key level of $1,900 on Thursday, as investors waited economic data that could offer clues as to whether the commodity’s...

Global Q1 gold demand down 23% year on year

Global gold demand in the first quarter dropped from a year ago on the back of a more than 70% year-on-year decline in gold investments,...

Why gold’s biggest quarterly drop in 4 years doesn’t mark the end of its bull cycle

After suffering its biggest quarterly loss since 2016, gold stands as one of the few commodities trading lower this year, but prices still have room to run higher even if...

Charting a bullish March start: S&P 500, Nasdaq maintain major support

Broadly speaking, the major U.S. benchmarks are acting well technically despite persistently uneven price action in spots. Against this backdrop, the S&P 500 has knifed...

Silver prices tumble nearly 7% and gold skids below trend lines

Gold and silver futures headed sharply lower Tuesday, with the tumble in prices for gold’s sister metal coming as the CME Group raised margin deposit...

Gold climbs to highest finish in a week on hope for further U.S. coronavirus relief

Gold futures climbed on Tuesday to finish at their highest in a week, rebounding from a two week low a day earlier, as prospects for...

Iron ore leads gains for industrial metals, up nearly 65% this year

Industrial metals have proven their resilience in the face of a weakened global economy, with iron ore among the biggest market gainers, poised to end...

Gold prices rise, even as dollar rebounds, yields hold higher

Gold futures added to gains on Wednesday after a sharp rally in the session prior, with bullion buoyed by seasonal buying trends that have momentarily...

Gold prices post first loss in 4 sessions

Gold futures settled lower on Tuesday, easing back after climbing over the last three trading sessions but failing to reclaim the key $1,900-an-ounce mark. Prices...

Investors pine for a ‘clear victory’ — what’s at stake for markets in Trump-Biden election showdown

Take a deep breath. After all, it could be a topsy-turvy week for investors as remaining voters go to the polls on Tuesday, with little...

Charting a successful technical test, S&P 500 nails the breakout point

Technically speaking, the major U.S. benchmarks continue to digest an October breakout amid still bullish bigger-picture price action. Against this backdrop, the S&P 500 and...

Forget the election, the great COVID-19 stock market divide is all that matters now, says this strategist

A deserted 42nd Street on March 25, 2020, in New York City. AFP via Getty Images The vice-presidential debate is over and points were scored...

Charting a bullish Q4 start: S&P 500 extends rally from major support

Broadly speaking, the major U.S. benchmarks are off to a constructive October start, reclaiming key technical levels. Against this backdrop, the S&P 500 has asserted...

Shareholders hit as global dividends suffer worst quarterly fall since 2009

Global dividend payments plunged to their lowest level in more than a decade, as companies moved to protect their balance sheets amid the pandemic, dealing...

Gold prices inch higher to halt skid, but mark first back-to-back weekly fall since March

Gold futures eked out a tiny gain on Friday to halt a third consecutive slide, but the precious metal’s advance for the day wasn’t sufficient...

Gold prices edge higher but march to $2,000 hamstrung by rising dollar

Gold futures were trading near break-even levels to slightly higher on Tuesday, with a renewed buoyancy in the U.S. dollar capping the precious metal’s gains...

Here’s the best way to hedge the weakening U.S. dollar and buying gold isn’t the move

Don’t look for gold to hedge a falling dollar. That may be a surprise since gold GC00, +0.51% is often the first asset that investors...

Why silver is trading at a nearly 4-year high

Silver futures on Monday marked their highest settlement in nearly four years, buoyed by a sharp climb in investment demand as the metal continues to...

Why gold has become a ‘weapon of choice’ for investors

Gold prices have climbed to their highest levels in nearly nine years, with the precious metal seen as a ‘weapon of choice’ for gold investors...