Metals and Minerals

01.02.2023

Bullion down as gringo dollar veers up

Gold prices fell 1% on Tuesday to a more than one-week low as the dollar firmed, while investors kept a close watch on the U.S. Federal Reserve's interest rate hike decision and policy outlook.

Spot gold dropped 1% to $1,904.29 per ounce by 1124 GMT, its lowest level since Jan. 19....

Gold prices fell 1% on Tuesday to a more than one-week low as the dollar firmed, while investors kept a close watch on the U.S. Federal Reserve's interest rate hike decision and policy outlook.

Spot gold dropped 1% to $1,904.29 per ounce by 1124 GMT, its lowest level since Jan. 19....

01.02.2023

Iron ore, coal depreciate as steel markets show mixed trends

Iron ore futures fell on Tuesday, with the Dalian benchmark price pulling back from the previous session’s contract high, as traders assessed demand in top steel producer China while also keeping an eye on regulatory risks.

The steelmaking ingredient, however, was on track for a 2% monthly gain in the Dalian...

Iron ore futures fell on Tuesday, with the Dalian benchmark price pulling back from the previous session’s contract high, as traders assessed demand in top steel producer China while also keeping an eye on regulatory risks.

The steelmaking ingredient, however, was on track for a 2% monthly gain in the Dalian...

01.02.2023

Non-ferrous base metals stuck on demand questions

Copper prices dropped on Tuesday after traders exercised caution ahead of an eventful week that will include central bank meetings and as physical demand in top consumer China remained stagnant.

Three-month copper on the London Metal Exchange was down 0.8% at $9,134 a tonne by 0556 GMT, while the most-traded March...

Copper prices dropped on Tuesday after traders exercised caution ahead of an eventful week that will include central bank meetings and as physical demand in top consumer China remained stagnant.

Three-month copper on the London Metal Exchange was down 0.8% at $9,134 a tonne by 0556 GMT, while the most-traded March...

31.01.2023

Kazakhstan develops optimal schemes for obtaining copper concentrate

The development was done at the Eastern Research Institute of Non-Ferrous Metals. The Ministry of Foreign Affairs of Kazakhstan shared the news about the development of optimal enrichment schemes for obtaining copper concentrate with the highest possible recovery. This was done by the researchers of the Laboratory of Technological Testing...

The development was done at the Eastern Research Institute of Non-Ferrous Metals. The Ministry of Foreign Affairs of Kazakhstan shared the news about the development of optimal enrichment schemes for obtaining copper concentrate with the highest possible recovery. This was done by the researchers of the Laboratory of Technological Testing...

31.01.2023

Bullion steady on monetary stalemate

Gold prices traded in a relatively tight range on Monday, while market participants globally awaited a slew of central bank meetings with the main focus on the U.S. Federal Reserve.

Spot gold edged 0.2% higher to $1,931.07 per ounce, as of 0717 GMT. U.S. gold futures were up 0.1% at $1,930.50.

At...

Gold prices traded in a relatively tight range on Monday, while market participants globally awaited a slew of central bank meetings with the main focus on the U.S. Federal Reserve.

Spot gold edged 0.2% higher to $1,931.07 per ounce, as of 0717 GMT. U.S. gold futures were up 0.1% at $1,930.50.

At...


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