Articles Tagged "bear market"

Medium To Long Term Confidence

Gold Investing News reports gold prices may decline in the next couple of weeks and start climbing up again in the future. Although gold is facing some headwinds, the overall financial environment remains bullish for gold.” In their recently published Metals Matters, ScotiaMocatta has noted that IMF gold sales are now all but inevitable, as [...]

G20 leaders’ support promise spurs nickel

Nickel Investing News reports nickel price spurs with G20 leaders’ support for the global economy.  LME base metals posted gains across the board, with nickel leading the way, up 12.7 per cent. The impetus was a direct reflection of sentiment, but lacked a change in underlying supply-demand fundamentals. The sentiment adjustment also induced a short-covering [...]

Copper adds some shine..

Copper Investing News reports copper fell more than 2% before turning to positive on Thursday. The U.S. dollar retreated to its lowest point relative the euro in six weeks, making the metal less expensive for international holders. U.S. copper futures turned positive, copper for March delivery HGH9 moved up 1.85 cents, or 1.24 per cent, [...]

Uranium: spot price slips, nuclear energy praised & Uranium Investing News reports uranium prices fell to US$54. Price publisher Ux Consulting lowered its spot uranium price to US$54 a pound U3O8. Uranium bulls say the slowdown is fueled by the upcoming winter holidays, during which markets traditionally slumber and commodity prices lose ground. The price slide comes just days after a supply-demand balance [...]