The festive cheer, the series of ‘good news’ reports and the stepped up buying all mean that the good times are probably back for the diamond industry. The polished diamond price research by IDEX showed that three carat and even smaller diamonds showed solid price gains ranging from 0.8 per cent to 3 [...]
Platinum Investing News reports platinum prices have just began to recover itself with threats to its supply. Platinum prices may climb above $1,500 an ounce “in the next couple of years” as demand recovers amid supply constraints in South Africa, the world’s biggest producer, according to Banc of America Securities- Merrill Lynch. For complete story, [...]
Gold Investing News reports gold prices are holding strong in the current markets. Year to date, gold is up about 3 per cent, while other economically sensitive commodities have rallied, with copper futures up more than 50 per cent. Crude oil had reached a 2009 high of over $58 a barrel on Friday, recovered from [...]
Nickel Investing News reports nickel prices fell almost 80% in less than two years, In the meantime, it is going to take time for the nickel industry to adjust to the current economy. The global nickel market will be in an 80,000 tonnes surplus in 2009, as falling demand continues to outpace cutbacks made by [...]
Zinc Investing News reports the zinc market potential since Chinese zinc refineries are interested in expansion and integration. The International Zinc Association executive director Stephen Wilkinson is confident in the zinc market’s potential. Mr. Wilkinson believes that emerging markets will experience a great deal of growth in the future; skyrocketing demand for the metal. Asian [...]
Tungsten Investing News reports tungsten prices were higher this week. Ferro Tungsten was quoted higher at around US$30 a kg from US$29 a kg last week and US$25 a kg the week before, as consumer enquiries for the metal were met with empty hands. Chinese producers are closed and they will stay closed until after [...]
Potash Investing News reports potash markets have gained with investor confidence in the recent weeks. Potash shares peaked in June as concerns about shrinking world grain stocks boosted demand for fertilizer, and prices for nutrients soared because of supply shortages. The shares upswing was dented when investors lost confidence in global fertilizer demand. Due to [...]
Diamond Investing News reports diamond markets have been feeling the US recession worldwide. The industry was being buoyed by the purchases of the wealthy, an economic class that had yet to feel the “money pinch”. Unfortunately, under the surface a crisis was brewing- the smaller, mass produced diamonds that catered to the masses were sitting [...]
Silver Investing News reports silver prices taking off from the bottom with the current financial markets. Silver’s “next upside price objective”, says RJO Futures analyst Jim Wyckoff “is closing prices above psychological resistance at $11.00/oz.” First resistance is at $10.175 and next at $10.50. Over the next several weeks, perhaps even months, we can expect [...]
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