This chart will give hope to gold price, India bullion bulls
Gold's retreat in October is spurring physical buying in Asia.
Frik Els , Editor
Frik has 20 years’ experience as a business journalist across a range of industries including automotive, technology and entertainment markets. Frik has an entry in Global Mining Observer’s Who’s Who of Mining 2018, and contributions to publications and conferences including Business Insider, Investing.com, Mines & Money London and New York, Vancouver Resources Investment, Progressive Mine Forum in Toronto and Canadian Mining Symposium in London, UK. He’s been interviewed on CBC Radio and Korea State TV and quoted in the Financial Post.
Posts by Frik Els:
Gold price: Hedge funds abandoning market at record pace
Large scale speculators in gold options and futures dump over 12 million ounces in three weeks, the fastest rate since government records began.
Worst day for gold ETFs since April 2013
Investors pulled nearly 17 tonnes from GLD on Friday as gold price bulls lose confidence.
CHART: No stopping insane coal price rally
Steelmaking coal surges again and seaborne price for coal used in power generation reaches highest since May 2012.
Resurgent Iran to impact copper, zinc prices through 2020
Report: Lifting of sanctions will spark double digit copper output growth in Iran, home to world's second largest copper mine and largest zinc reserves.
Rand sinks platinum, palladium prices
Weakening currency supplies fatter margins for South African mines responsible for nearly three-quarters of global platinum production.
Giant BC gold project receives new permits
Seabridge Gold is building a 2.1km adit for underground exploration at its 100%-owned KSM property, the world's largest gold-copper project by reserves.
Coking coal, iron ore prices resume surge
Chinese traders back from week-long holiday continue to chase steelmaking raw materials.
Nickel price rally ‘on shaky ground’
Partial lifting of Indonesia ore ban could make up any potential Philippines export losses.
Fresh blow to world’s largest mining project
World Bank pulls out of $20 billion Simandou iron ore project in Guinea, West Africa.
US rare earth stock cracks top 50 mining companies for the first time
Non-Chinese rare earth producers have been conspicuously absent from mining’s top tier, now worth a collective $1.5 trillion, up $200 billion year to date.