Gold Investing News reports gold used as an alternative to the weaker dollar. Gold slid marginally. As speculators offloaded their holdings of the precious metal to lock in gains after it climbed to a two-month high on Thursday and commodity prices slipped, gold declined to $961.16 an ounce on Friday. For complete story, click this [...]
Articles Tagged "credit markets"
Coal Investing News reports coal prices are at the bottom however with the credit markets working, the only way is to go up. While US President Barack Obama’s cap-and-trade anti-emissions policy may sound scary for coal, Joy Global CEO Mike Sutherlin is not nervous and looks to China for huge demand. China is “doing everything right” with [...]
Copper Investing News reports copper futures is on a positive momemtum at the beginning of the year. Copper started the New Year with a bang, but the positive movement was cut short as negative sentiment reigned supreme. Copper briefly moved up this week, on Tuesday, buoyed by investor short-covering and a steadier tone in the [...]
Lead Investing News reports lead prices have fell to its lowest point. Lead prices on the LME are poised to fall further after dropping sharply in the previous session. Analysts are now forecasting that the metal’s demand base could weaken further as growth in China continues to shrink and car sales keep falling. Lead for [...]