Iron Ore May Resume Fall as Demand Declines, Ord’s Arden Says

Iron ore, which has surged 24 percent this month, may resume a decline as steelmakers in China, the world’s biggest consumer, restrict output due to falling demand, according to Peter Arden, an analyst at Ord Minnett Ltd.

BusinessWeek | November 22, 2011 | 5:28 am

Gold Drops in London as Dollar’s Gain May Curb Investor Demand

Nov. 16 (Bloomberg) -- Gold fell in London as the dollar advanced against the euro, curbing demand for precious metals as an alternative investment. The dollar climbed as much as 0.8 percent against the euro.

BusinessWeek | November 16, 2011 | 9:08 pm

Gold Falls as Dollar Rebounds on Italy’s Debt Concerns

Gold futures declined for the third time in four sessions as the dollar’s rebound reduced the appeal of the precious metal as an alternative asset.

BusinessWeek | November 14, 2011 | 10:09 pm

Gold may extend gains above $1,700 as Europe woes spur demand

Oct. 26 (Bloomberg) -- Gold futures may extend an advance above $1,700 an ounce as concerns about Europe’s debt crisis spur demand for the metal as a protection of wealth. European leaders will hold an emergency summit today in a bid to reach agreeme...

BusinessWeek | October 26, 2011 | 2:19 pm

Pig Iron’s pain proves boon for nickel miners

Oct. 27 (Bloomberg) -- Nickel, the second-worst performing metal on the London Metals Exchange in the past six months, is set to rebound as Chinese steelmakers lead a recovery in demand. Nickel’s 20 percent slump this year has made it cheaper than pi...

BusinessWeek | October 26, 2011 | 2:19 pm

Hedge Funds Raise Bullish Bets Most in Two Months: Commodities

(For more commodity columns, click CMMKT.) Oct. 24 (Bloomberg) -- Hedge funds increased bullish bets on commodities by the most since August on mounting optimism the global economy will avoid another recession, boosting prospects for raw-materials dema...

BusinessWeek | October 23, 2011 | 3:44 pm

Gold Falls From Three-Week High on Dollar’s Rally; Silver Drops

BusinessWeek | October 17, 2011 | 7:37 pm

Hong Kong starts trading bullion in yuan to tap ‘triple demand’

Hong Kong’s Chinese Gold & Silver Exchange Society, a century-old bullion bourse, will start trading gold quoted in yuan today, boosting the city’s status as an offshore hub for the currency.

BusinessWeek | October 16, 2011 | 6:53 pm

Rusal Says Norilsk Buyback Is Void Without State Permission

Oct. 12 (Bloomberg) -- United Co. Rusal said a letter from Russia’s antitrust watchdog confirms that a planned share buyback by OAO GMK Norilsk Nickel can’t go ahead without consent from the state. The letter “confirms that the buyback is only po...

BusinessWeek | October 12, 2011 | 5:57 pm

Copper Gains as Shrinking Asian Stockpiles Signal Steady Demand

Oct. 12 (Bloomberg) -- Copper rose in London as shrinking Asian inventories of the metal signaled steady demand from the region, which includes top global consumer China. Copper stockpiles in Asia monitored by the London Metal Exchange fell for a 21st...

BusinessWeek | October 12, 2011 | 5:57 pm

European stocks, copper falls on debt concern; treasuries drop

Oct. 11 (Bloomberg) -- Stocks in Europe and copper dropped for the first time in five days after European Central Bank President Jean-Claude Trichet said the debt crisis threatens the financial system. Treasuries declined, while emerging-market stocks...

BusinessWeek | October 11, 2011 | 6:24 pm

Copper Declines Most in a Week on Concern About Chinese Demand

Oct. 11 (Bloomberg) -- Copper fell the most in a week in London on concern about the outlook for demand in top global consumer China, where figures due this week may show slower growth in exports. Chinese export growth weakened to 20.5 percent in...

BusinessWeek | October 11, 2011 | 6:20 pm

• First
• 1
• 2
• 3
• 4
• 5
• Last