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

Vedanta’s quarterly profit doubles on lower tax rate, higher commodity prices

Indian metals-to-oil conglomerate Vedanta on Wednesday reported fourth-quarter profit which more than doubled, boosted by a lower tax rate and higher selling prices for aluminum and zinc.The miner’s consolidated profit attributable to owners of the company surged 154% to 34.83 billion rupees (around $412 million) in the quarter.The company said its normalized tax rate dropped to 28% from 46% in the year-ago quarter, mainly due to changes in its profit mix and a reduction in the tax rate of a foreign subsidiary.

Apr 30, 2025 - 4:49 PM

Ghana secures deal with nine more gold miners to buy 20% of their output

Ghana has reached a deal with nine more mining companies to purchase 20% of their gold production, a government body said on Wednesday, aiming to consolidate a gold purchase program meant to boost the country’s gold reserves and stabilize its currency.Africa’s top gold producer signed an agreement with members of an industry group that included Gold Fields, Newmont, AngloGold Ashanti and Asanko Mining in 2022 to purchase 20% of their annual output for the central Bank of Ghana. Purchases are settled in the Ghanaian cedi currency.

Apr 30, 2025 - 4:47 PM

Dow, S&P end higher after late rally

NEW YORK, April 30 (Reuters) - The Dow and S&P 500 closed higher after a late rally on Wednesday, erasing declines from most of the session after data showed the economy contracted in the first quarter for the first time in three years.In a session filled with economic data, the Commerce Department said its advance gross domestic product report showed a 0.3% contraction for the first quarter, falling short of expectations for 0.3% growth, according to economists polled by Reuters.

Apr 30, 2025 - 4:32 PM

Stocks log worst 100 day start since Nixon as Trump injects semi-permanent uncertainty teaser image

Stocks log worst 100 day start since Nixon as Trump injects semi-permanent uncertainty

NEW YORK, April 29 (Reuters) - President Donald Trump's first 100 days in office delivered the worst start for stocks since former President Richard Nixon's second term in 1973, stoked volatility across markets and created expectations of a semi-permanent state of uncertainty.Expectations for near-term volatility in stocks, bonds and currencies have all leaped higher as investors game out the fallout from a rapidly changing landscape for trade.

Apr 30, 2025 - 4:29 PM