Gold – CNBC reported that after significant losses earlier today, gold rebounded by $30 after Reuters was informed that Spain is likely to request help for its banks over the weekend.
Articles Tagged "rebound"
Uranium – The current spot market price rebounded resiliently 13 percent on strong volumes, as 21 transactions involving a total of more than 3.6 million pounds of uranium were concluded last week, which removed the most aggressively priced supply from the market.
Gold – Reuters reports that on Wednesday, spot gold slipped nearly half a percent pressured by the dollar.
Gold – Bloomberg reports that Gold rebounded from the lowest price in two weeks.
Gold – Reuters reports that on Thursday, Gold edged up in volatile trade. Positive economic data from China helped to offset pressure from a rebound in the dollar.
There is a `little storm brewing’ in moly. In the third week of January, traders came in and bought up a lot of material, which caused some supply tightness. Now traders are in a position to push prices higher, state analysts. At the end of October 2009, moly oxide was trading just around [...]
Iron Investing News reports the global commodity market is bouncing back. BHP, the Anglo-Australian company’s involvement in the full range of mining, from iron ore to diamonds to coal, gives it a broad take on the overall state of the commodities market. Last November, BHP Billiton was forced to defer delivery of 6 million tonnes [...]
Crude Investing News reports oil prices sliding and peaking at various periods. Oil prices soared higher on the prospects of a rebound in energy demand. “The market thinks the worse is behind us and that we’re heading toward recovery at the end of the year, early next year,” Fitzpatrick said. Spreading worldwide recession has ravaged [...]
Copper Investing News reports price of copper has fell more than 55% this year due to the global recession. Copper fluctuated this week, first it declined, and then it pared losses as the US dollar plunged against the Euro, spurring demand from investors seeking alternative assets. A weakness in the dollar may spark a rally [...]
Zinc Investing News reports global commodities markets as US faces worst stock market crash affecting zinc spot price. The impact of these grave developments will be felt across the board, and zinc metal and lead metal spot prices are already dropping as a result. Throughout this year, zinc has been oversold, showing a strong position only in China, [...]