Metals traders monitor forex developments closely since they have the potential to influence both precious and base metals prices.
Companies will be influenced positively by higher precious and base metal prices, stable input costs and a weaker U.S. dollar.
It is not just the price of gold that has been rising: so, too, have the prices of precious and base metals.
The data covers precious and base metals futures and options on the Comex division of the New York Mercantile Exchange and the Nymex.
FORBES: FOCUS: Speculators Cut Bullish Gold, Silver Positions -- CFTC
The resource possibilities in Northern Quebec are considered unique as a variety of precious and base metals can be mined in the same area.
FORBES: Plan Nord's Extension of Route 167 Key for Mining in Northern Quebec: Stornoway CEO
As a result, we are continuing to invest in commodities, agriculture, precious metals, base metals, oil and gas exploration, oil and gas equipment and services as well as natural gas.
FORBES: Megamind:Who are the HEROES and the SUPER-VILLAINS of the Trade and Currency War?
We continue to believe that soft commodities will outperform base and precious metals in the future.
During May, speculators trimmed their net-long positions in both base and precious metals, eventually going net short in copper.
FORBES: FOCUS: Speculative Buyers Mostly Return To Precious Metals -CFTC
Then in 2004 Motsepe did a complex transaction involving ARMgold, Harmony and Avmin, a miner of base and precious metals with an exploration division active in Zambia, Congo and Namibia.
Each dot represents either a gold and precious metals project or a base metals and iron ore project.
It is very diverse, we have an agriculture, base metal, precious metal and currency contract among our best traded.
The news sent safe-haven markets like gold, the U.S. dollar and U.S. Treasurys higher in early dealings on Monday, while weighing on the euro, equities and base and industrial precious metals.
As of late morning in New York, all four of the precious metals and all six of the base metals were sharply lower, with losses around 1.5% or more for silver, platinum, palladium, copper, nickel and tin.
FORBES: Focus: Metals Slump On Year-End Liquidation, Scaled-Back Fed Expectations After GDP
And for a candidate who needs to introduce himself to a wide voter base, every minute and dollar is precious.
Examples of these resources include oil, natural gas, precious metals (particularly gold and silver), base metals such as copper and nickel, and other resources such as diamonds, coal, lumber and even water.
Over the weekend, it also increased the base rate for calculating import taxes on the precious metal, another measure to make imports costlier and bring down demand.
The Chinese data prompted selling in industrial base metals, and this spilled over into the precious complex, Meger said.
FORBES: Gold On Defensive While Tracking Euro; Technical Weakness Also Cited
Investors have put money into a wide range of metals, and precious metals' prices, including gold's, have risen with the base.
应用推荐