Markets Top Stories

Gold price hits new high as momentum builds for Fed rate cut

Spot gold climbed 1.6% to a new all-time high of $2,554.78 per ounce.

Staff Writer | September 12, 2024 | 9:29 am

Iron ore price soars to over one-week high on upbeat seasonal demand outlook

Steel demand is expected to return to growth in 2025,…

Reuters | September 12, 2024 | 6:45 am

Gold’s outlook before CPI data

Gold moved slightly higher, but the very short-term resistance line…

Przemysław K. Radomski - Sunshine Profits | September 11, 2024 | 10:01 am

Putin says Russia should consider limiting exports of uranium, titanium and nickel

Kazatomprom CEO has said that the Ukraine war is making…

Reuters | September 11, 2024 | 7:39 am

Vedanta Resources raises $900 million via dollar bonds

The proceeds will be used to repay Vedanta's existing bonds…

Reuters | September 11, 2024 | 6:12 am

Copper prices could surge to $40,000, says top trader Andurand

The metal has risen almost 20% this year, reaching a record $11,000 per tonne this week.

Staff Writer | May 24, 2024 | 9:41 am

Gold mid-tiers’ Q1 2024 fundamentals

The mid-tier and junior gold miners in this sector’s sweet spot for upside potential recently wrapped up their latest earnings season.

Adam Hamilton - Zeal Intelligence | May 24, 2024 | 9:32 am

Hudbay Minerals closes $402.5 million upsized public offering

The net proceeds will be used by Hudbay to accelerate mine pre-stripping activities and mill optimization initiatives at Copper Mountain.

Staff Writer | May 24, 2024 | 9:03 am

Anglo shareholders say BHP should amend structure or sweeten bid

Of the investors that Bloomberg spoke to this week, some suggested that BHP should provide a commitment to cover any lost value suffered by the subsidiaries’ new owners.

Bloomberg News | May 23, 2024 | 12:16 pm

Gold price drops to one-week low on hawkish Fed, US data

Making bullion less attractive, US business activity accelerated to its highest level in over two years in May.

Staff Writer | May 23, 2024 | 10:27 am

Bonds’ decades-long lead over gold vanishes as debt worries grow

A dollar invested in gold 51 years ago is now worth $2,314, $172 more than the return pegged to the Bloomberg Treasury index.

Bloomberg News | May 23, 2024 | 9:42 am

Column: Copper squeezed in the United States but China has plenty

Weak spot demand, robust imports and rising domestic output have combined to keep China's exchange inventories high.

Reuters | May 23, 2024 | 8:47 am

Copper price steadies after biggest decline in almost two years

The metal surged to an all-time high above $11,000 a ton on Monday, followed by a slump of 4.1% on Wednesday.

Bloomberg News | May 23, 2024 | 8:39 am

LME approves listing of first Indonesian nickel brand

Until now, Indonesia has not produced a significant amount of the metal in high-purity form traded on the LME.

Reuters | May 23, 2024 | 6:58 am

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