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Metal Commodities

Ruling ANC loses majority in parliament

by Adrian Jhonsan
Ruling ANC loses majority in parliament

Voters during the South Africa General Elections on May 29, 2024 in Johannesburg, South Africa.  Gallo Images | Gallo Images | Getty Images South Africa’s governing African National Congress lost …

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Billions of dollars of African gold smuggled into UAE yearly: Research

by Adrian Jhonsan
Billions of dollars of African gold smuggled into UAE yearly: Research

A worker lifts a gold bullion bar from a conveyor machine at the Rand Refinery plant in Germiston, South Africa, on Aug. 16. 2017. Waldo Swiegers | Bloomberg | Getty …

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Categories World

Gold, silver, copper rally has just taken a breather — new highs not far off

by Adrian Jhonsan
Gold, silver, copper rally has just taken a breather — new highs not far off

Gold and silver bars of various sizes lie in a safe on a table at the precious metals dealer Pro Aurum. Sven Hoppe | Picture Alliance | Getty Images Gold …

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Copper climbs to 2024 high as Wall Street banks raise price forecasts

by Adrian Jhonsan
Copper climbs to 2024 high as Wall Street banks raise price forecasts

Copper plates on wagons ready for onward shipping at the Mufulira refinery, operated by Mopani Copper Mines Plc, in Mufulira, Zambia, on Friday, May 6, 2022. Bloomberg | Bloomberg | …

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Costco selling up to $200 million in gold bars a month, Wells Fargo estimates

by Adrian Jhonsan
Costco selling up to 0 million in gold bars a month, Wells Fargo estimates

Costco selling 1 ounce gold bars Courtesy: Costco Gold has turned into money for Costco, where yellow metal sales begun last year have turned into a cash cow for the …

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Analysts expect XAG to outperform XAU in 2024

by Adrian Jhonsan
Analysts expect XAG to outperform XAU in 2024

One-kilogram silver bars sit stacked at Gold Investments Ltd. bullion dealers in this arranged photograph in London, U.K., on Wednesday, July 29, 2020. Chris Ratcliffe | Bloomberg | Getty Images …

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Gold demand hit record highs in 2023 amid geopolitical risks, China weakness

by Adrian Jhonsan
Gold demand hit record highs in 2023 amid geopolitical risks, China weakness

Gold purchases from central banks led to last year’s surge, with purchases exceeding 1,000 tons for two consecutive years. Traffic_analyzer | Istock | Getty Images Gold demand hit record highs …

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Saudi Arabia nearly doubles estimate for the value of its mineral resources

by Adrian Jhonsan
Saudi Arabia nearly doubles estimate for the value of its mineral resources

Saudi Arabia nearly doubled the estimate for the value of its mineral resources and is seeing lucrative deals signed during its Future Minerals Forum held in Riyadh this week, ministers …

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Copper appears set to rally more than 75% by 2025, analysts say

by Milton Acorn
Copper appears set to rally more than 75% by 2025, analysts say

A worker tying copper wire rods before loading them onto a truck in Huai’an, Jiangsu Province of China. Vcg | Visual China Group | Getty Images Copper prices are set …

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Categories Science

An eighth week of gains for markets?

by Adrian Jhonsan
An eighth week of gains for markets?

The Wall Street bull statue is pictured in the Manhattan Borough of New York. Carlo Allegri | Reuters This report is from today’s CNBC Daily Open, our new, international markets …

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Categories World
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