base-metals

To predict silver price performance in a recession, look to copper – StoneX’s Rhona O’Connell teaser image

To predict silver price performance in a recession, look to copper – StoneX’s Rhona O’Connell

Silver’s performance in a recession is more closely tied to copper than gold, says analyst Rhona O'Connell, as industrial demand drives the gray metal's value.

Oct 15, 2024 - 3:30 PM

New bans on Russian metals mean China will buy low and sell high to supply the U.S., Europe, and UK teaser image

New bans on Russian metals mean China will buy low and sell high to supply the U.S., Europe, and UK

Apr 19, 2024 - 11:07 AM

Gold rockets above $2,400 as commodities catch fire, analysts see no end in sight teaser image

Gold rockets above $2,400 as commodities catch fire, analysts see no end in sight

May 17, 2024 - 1:06 PM

‘Cold War 2.0’ just one reason why gold will outperform silver, base metals in H2 2024 – Bloomberg’s McGlone teaser image

‘Cold War 2.0’ just one reason why gold will outperform silver, base metals in H2 2024 – Bloomberg’s McGlone

Jun 25, 2024 - 3:05 PM

Gold the best hedge against inflation and geopolitical risk, price will rise 16% to $2,700 by year-end – Goldman Research teaser image

Gold the best hedge against inflation and geopolitical risk, price will rise 16% to $2,700 by year-end – Goldman Research

Jun 27, 2024 - 12:14 PM

Precious metals should shine in H2 2024 based on seasonal trends, summer price gains should be strong – MKS PAMP teaser image

Precious metals should shine in H2 2024 based on seasonal trends, summer price gains should be strong – MKS PAMP

Jul 04, 2024 - 3:13 PM

Gold eyes $3,800 but might need weak labor market data to get there

(Kitco News) - Gold prices have stumbled slightly around $3,800 an ounce, but many analysts do not expect this new resistance level to pose much of a challenge, as inflation is not hot enough to stop the Federal Reserve from continuing down its path of easing monetary policy.

TSX set for eighth straight week of gains as economic data adds to optimism

Sept 26 (Reuters) - Canada's main stock index advanced with broad-based gains after key domestic GDP and in-line U.S. inflation data added to investor optimism.Toronto's S&P/TSX composite index (.GSPTSE), rose 0.3% to 29,817.85 points by 09:55 a.m. ET (1355 GMT), and was on track for eight consecutive weeks of gains.Canada's monthly GDP rebounded from three months of contraction to grow by 0.2% in July, with mining, manufacturing and wholesale trade boosting growth.

Canada budget deficit over first four months of 2024/25 rises to C$7.79 bln

OTTAWA, Sept 26 (Reuters) - Canada recorded a slightly higher C$7.79 billion ($5.59 billion) budget deficit for the first four months of the 2025/26 fiscal year as government expenditures grew faster than revenues, the finance ministry said on Friday.

Banks, consumer stocks lift UK shares; investors unmoved by fresh tariff threats teaser image

Banks, consumer stocks lift UK shares; investors unmoved by fresh tariff threats

Sept 26 (Reuters) - London stocks rose on Friday, led by banks and consumer discretionary shares, while investors showed little reaction to fresh tariff threats from U.S. President Donald Trump.The benchmark FTSE 100 (.FTSE), gained 0.8% and posted a weekly gain of 0.74%. The mid-cap FTSE 250 (.FTMC), rose 0.4% on the day, and was also up 0.4% over the week.Heavyweight bank stocks (.FTNMX301010), rose 1.7% after Citigroup strategists kept their "overweight" recommendation on Europe's banking sector.

S&P 500, Nasdaq set to end three-week gaining streak after turbulent stretch teaser image

S&P 500, Nasdaq set to end three-week gaining streak after turbulent stretch

Sept 26 (Reuters) - The S&P 500 and the Nasdaq indexes were set to snap a three-week winning streak in a mixed session on Friday, as investors digested the latest inflation data amid expectations of aggressive interest rate cuts.U.S. consumer spending increased slightly more than expected in August, while inflation continued to rise at a measured pace, data showed. Still, some analysts warned that the data may not fully reflect the inflationary impact of tariffs.

Investors need to hedge stock and bond portfolios with commodities like gold – Goldman Sachs Research teaser image

Investors need to hedge stock and bond portfolios with commodities like gold – Goldman Sachs Research

(Kitco News) – To protect stock and bond portfolios against unexpected financial market tail risks, investors should consider diversifying through commodities like gold, according to Goldman Sachs Research led by analyst Lina Thomas.