FxWirePro: Gold faces strong support around $1040, good to sell on rallies
Dec 31, 2015 07:06 am UTC| Technicals
Gold has declined after making a high of $1081.70 and is currently trading around $1062. Short trend is still weak as long as resistance $1100 holds. The commodity has broken minor support $1060 and this confirms...
From blood diamonds to dirty gold: how to buy gold less tainted by mercury
Dec 23, 2015 04:02 am UTC| Insights & Views
When a customer walks into a jewelry store, weddings or special occasions are usually front of mind. Rarely does that customer think of where the jewelry comes from, let alone its social and environmental costs. The...
Precious metal prices lose their gains due to stronger USD
Dec 17, 2015 10:41 am UTC| Commentary
US Federal Reserve hiked its near zero interest rates as expected widely by 25 bps on December 16. Adding to that, Fed Chair Yellen prepared markets saying that there would be further gradual hikes in 2016, which would of...
Dec 10, 2015 15:32 pm UTC| Insights & Views
Gold: Yellow metal has been an exception to gain slightly by 0.3% yesterday but could not sustain and is trading at just shy of $1,080 per troy ounce this morning, finding support from the weaker US dollar. Good thing...
Iron ore slump continues over demand worries
Nov 24, 2015 14:28 pm UTC| Insights & Views
Iron ore, which is a key ingredient for Steel production, continuedits slump as demand for China is expected to slow down fast its steel consumption. Analysts point out, with demand for steel on the drop, iron ore has...
Metal supply/demand series – Copper – why large supply drop unlikely?
Nov 19, 2015 14:00 pm UTC| Insights & Views
Copper price has fallen to lowest level since the financial crisis of 2008/09. Copper CFD, which is closely linked to price of comex copper is currently trading at $2.07/Pound. At a time like this, it is vital to...
Metal supply/demand series – Who are Copper giants?
Nov 17, 2015 12:50 pm UTC| Insights & Views
Copper price has fallen to lowest level since the financial crisis of 2008/09. Copper CFD, which is closely linked to price of comex copper is currently trading at $2.1/Pound. At a time like this, it is vital to...
There’s an extra $1 billion on the table for NT schools. This could change lives if spent well
Political donations rules are finally in the spotlight – here’s what the government should do