Metals and Minerals

27.01.2020

Investigation checks two versions of the death of the head of the Kazakhmys union

According to the press service of the regional prosecutor’s office, an incident in the Kazakhmys corporation building in Zhezkazgan, in which one person died and two were injured, is underway. "Two pre-trial investigations have been launched on this fact. The first is in connection with the attempted murder. The second...

According to the press service of the regional prosecutor’s office, an incident in the Kazakhmys corporation building in Zhezkazgan, in which one person died and two were injured, is underway. "Two pre-trial investigations have been launched on this fact. The first is in connection with the attempted murder. The second...

27.01.2020

Bulls rush to precious metals leaving palladium sole to fall

Gold jumped to a more than two-week high on Friday as the latest updates on the coronavirus dented risk sentiment, and prompted a flight into safe-haven assets. Spot gold was up 0.7% at $1,573.53 per ounce by 1:41 p.m. EST (1841 GMT), having hit a peak since Jan. 8 of...

Gold jumped to a more than two-week high on Friday as the latest updates on the coronavirus dented risk sentiment, and prompted a flight into safe-haven assets. Spot gold was up 0.7% at $1,573.53 per ounce by 1:41 p.m. EST (1841 GMT), having hit a peak since Jan. 8 of...

27.01.2020

Copper leads overall price retreats of non-ferrous base metals

Copper prices recorded their biggest weekly fall in five years on Friday on concerns that the spread of the coronavirus could hit the Chinese economy and metals demand.

China has stepped up measures to contain the virus, which has killed 26 people and infected more than 800, shutting part of the...

Copper prices recorded their biggest weekly fall in five years on Friday on concerns that the spread of the coronavirus could hit the Chinese economy and metals demand.

China has stepped up measures to contain the virus, which has killed 26 people and infected more than 800, shutting part of the...

24.01.2020

Bulls turn away from yuan, embrace Japanese rival currency

The Japanese yen strengthened and China’s yuan fell to a two-week low on Thursday as investors grew more anxious about the spread of a virus in China, while the euro was calm ahead of the European Central Bank meeting.

Elsewhere, Australia’s dollar rose half a percent after a surprise drop in...

The Japanese yen strengthened and China’s yuan fell to a two-week low on Thursday as investors grew more anxious about the spread of a virus in China, while the euro was calm ahead of the European Central Bank meeting.

Elsewhere, Australia’s dollar rose half a percent after a surprise drop in...

24.01.2020

Profit taking causes momentary bullion price dip

Gold eased on Thursday as investors booked profits from recent rallies but held above the $1,550 technical support level on continuing low interest rates and a drop in risk appetite.

Spot gold was down 0.3% at $1,554.24 an ounce by 1127 GMT. U.S. gold futures fell 0.2% to $1,553.80.

“From the beginning...

Gold eased on Thursday as investors booked profits from recent rallies but held above the $1,550 technical support level on continuing low interest rates and a drop in risk appetite.

Spot gold was down 0.3% at $1,554.24 an ounce by 1127 GMT. U.S. gold futures fell 0.2% to $1,553.80.

“From the beginning...


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