Zinc – Strong evidence that the world’s economies will weather the current storm resulted in zinc having one of its most positive weeks, in terms of price gains.
Articles Tagged "investing in zinc"
Zinc – Zinc prices traded marginally higher Thursday, as part of an overall optimism in the markets that the new Fed stimulus plan will stoke the U.S. economy’s recovery.
Zinc – The base metals’ complex started the week in negative territory- pushed lower over pessimism in the US markets. Zinc for delivery within three months slipped 0.7 percent to $2,214 per tonne on the LME.
Zinc – Zinc hit a four month high in early trading as economic data out of the world’s two largest economies, the United States and China, bolstered overall market sentiment.
Zinc – Zinc has been the metal to witness the biggest gains over the past month, rising 5.5 percent to beat out counterparts copper, aluminum, and nickel.
Zinc Investing News reports zinc price is spurred with the Fed’s recent announcement on purchasing treasuries. The fed’s announcement was negative for the greenback, sending the US dollar Index on track for its worst week since September 1985. The dollar fell an additional 0.4 per cent, and has dropped every day since March 9, sliding a [...]
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 [...]