Tin Investing News reports tin prices in Malaysia jumped 7.5% to a 4 month high.
Tin price had peaked at $25,495/t in May 2008, but then slumped by more than 50 per cent in five months, due to the global financial crisis. Prices are volatile but have found support at $11,000/t. The Resource Capital Research (RCR) [...]
Gold Investing News reports gold has been looking very promising since last October 2008.
Some analysts predict it could be a standout investment this year because of major concerns about the stability of the US dollar and the rebound in oil prices, which could be enough to lure investors back into the resource-heavy index. Shortness of supply [...]
Silver Investing News reports silver rose after the easing of financial markets early this week.
Although silver often tracks gold, its price is not solely dependent on factors that contribute to upward and downward trends in safe haven assets. Silver’s many industrial applications make its price susceptible to the same forces that drive trends in the [...]
Zinc Investing News reports there is positive developments with zinc and lead prices this week.
Today, non-LME spot prices for lead and zinc were up, showing increased investor confidence in commodity investment.
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Palladium Investing News reports the recent credit crunch will slow down the use of palladium in industrial production.
Traditionally, investors feel safe buying precious metals when faced with uncertain stock market conditions, but the latest crisis in world markets have caused a ripple of sell-offs as nervous investors fear monetary losses : even “safe” commodities such [...]
Uranium Investing News and U3O8.biz reports global markets hit by Wall Street’s recent turmoil and bail-out plans.
According to Tradetech, as the credit crisis grew, so did spot uranium supply, as sellers flooded the market with material in efforts to raise cash. The game continues today, with sellers hoping that a quiet entry into the market will [...]
Copper Investing News reports copper prices remained stable despite the catastrophe with Lehman Brothers.
Although Wall Street plunged on Lehman’s demise, this huge development failed to shake LME copper. Copper for delivery in three months advanced US$211, or 3 per cent, to US$7141 a tonne near closing on the Exchange, and is headed for a 3.5 per cent [...]
Wednesday, April 22, 2009
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