
Golden days for Gold, hits 3- month high
Feb 09, 2016 05:58 am UTC| Technicals
Gold prices rose on Tuesday, with futures for gold trading 3.40% higher at $1200.77 per troy ounce on Monday. In addition, falling oil prices make the Gold as safe haven asset. It made intraday high at $1195 and...

Outlook towards base metals likely to improve
Feb 08, 2016 09:27 am UTC| Commentary
Recently, the LMEX base metal index rose to new levels, touching its highest level since mid-November 2015. The rise in the index was due to strengthening of physical demand and expectations for Chinas January metal...

Global Gold demand likely to rise in 2016
Feb 02, 2016 00:24 am UTC| Commentary
According to GFMS Thomson Reuters Gold Survey, gold prices are likely to rise above $1,200 per troy ounce in 2016, primarily on the back of higher demand from Asian countries. GFMS expects demand for gold in India to grow...
China’s demand for metals likely to remain strong in 2016
Jan 27, 2016 06:12 am UTC| Commentary
Prices of base metal are being weighed on by sharp decline in oil prices and weak Asian stock markets. The decline in prices of copper and nickel can be much worse as the Chinese CSI 300 index dropped 6%. The Chinese...
FxWirePro: Copper outlook – selling pressure to remain at rallies
Jan 26, 2016 09:20 am UTC| Commentary
Copper, which serves as a barometer for global growth likely to drop further mainly due to its link to Chinas consumption and weakness in global recovery. Currency depreciation against Dollar, across emerging markets is...
Saving Britain's steel industry: what can be done, and is it even worth it?
Jan 22, 2016 05:52 am UTC| Insights & Views
The announcement of over 1000 job losses at Tata Steel the vast majority at the Port Talbot plant in South Wales has understandably provoked heated debate. Yet this is just the latest incident in the industrys spiral of...

Gold price likely to benefit from concerns of multiple US Fed rate hikes
Jan 15, 2016 07:07 am UTC| Commentary
Declining stock markets is benefitting gold, which rose to $1,095 per troy ounce today in the morning. Gold, in terms of euro recovered the 1,000 per troy ounce mark. Meanwhile, gold is pulling up silver, whereas palladium...