Neither the movement in warehouse stocks nor metal prices was indicative and whilst the pressure remains down, some trends emerge. Indonesia has compromised with Newmont, to...
Our friend the gold price was sitting outside the bar, dribbling into a half pint of lemonade, sobbing uncontrollably. We tried to comfort him. “Cheer up”,...
Let’s not speak of it dropping like a stone, but the gold price is coming off rapidly towards our $1200/oz resting place. Not yet at Goldman’s...
So gold only slipped a notch, $20 to $1266 this week, a mere 1.5%, but it has anchored below the $1300 upsidebreakout level, despite political turmoil....
Curious state of affairs in the base metals this week. Warehouse stocks nosed up, zinc by almost 12%, tin too was up 9%, perhaps a reaction...
The UK Daily Telegraph, which makes the readings of Genghis Khan sound positively left wing, clearly needed a mining story this week, so it picked on...
Gold ended the week down $10/oz and it could have been more. It hangs on to that $1300 bar as though its life depends upon it....
The LME metals were static to down-a-bit, as warehouse stocks were static to up-a-bit bar copper, whose inventories dropped almost 8% and are well below those...
It has surprised many – if not most – that whilst competing political tensions have escalated – in the Russia/Ukraine and Israel/Palestine theatres – the gold...
What to make of precious metal prices is starting to perplex. Gold made a further advance, 1.2% to $1335/oz, whilst platinum tailed it with just 0.7%...
