Gunvor Group to Exit Gold Trading at Year’s End
Commodities firm, Gunvor Group Ltd., is reportedly getting out of trading precious metals less than a year after they dedicated
Gold Ends Steady With Positive U.S. Data, Solid U.S. Dollar, and Chart Consolidation
Gold prices ended Thursday’s session slightly lower in the futures and steady in the cash market. A higher U.S. dollar
Chinese Demand Supports Copper Prices
Economic recovery is helping copper maintain it prices for next year, but for the most part, it is Chinese demand
Why to Stay Focused on Silver
Silver mining giants Silver Wheaton Corp, Coeur Mining, and Hecla Mining all made noteworthy gains as U.S. stocks climbed. In
Deutsche Bank Pulls Out of Precious Metals Trade
Deutsche Bank’s precious metals trading has ceased due to an investigation of their alleged abuse buying and selling physical commodities.
Amidst Stimulus Hopes, Copper Futures Bounce Off 8-Month Low
Thursday, November 27, 2014, Copper futures bounced off of an eight-month low after policymakers speculated the introduction of further stimulus
Gold’s Plate is Full Next Week with OPEC Meeting and Eurozone Data
The gold market has much to consider in the coming week. The Organization of Petroleum Exporting Countries meeting, the eurozone
Precious Metals Summary
In an unpredictable trading session Wednesday afternoon, Gold prices traded low after hitting a three-week high on Tuesday. Spot gold
Russia Props Up Central Bank with Gold Purchases as Oil Prices Tumble
55 metric tons of gold were purchased by Russia in the third quarter of 2014. London’s World Gold Council reports