March 16, 2022

The $140 billion question: Can Russia sell its huge gold pile?

Bank of Russia expanded its gold reserves almost sixfold since the mid-2000s.

March 16, 2022

Nickel price chaos continues – LME trading halted after only 1,236 tonnes change hands

Nickel price drops to limit down at $45,590 a tonne during what was only a few seconds of trading on Wednesday.

March 15, 2022

Gravity-defying lithium price rally continues with “little relief in sight”

Chinese lithium prices double again in 2022, Benchmark’s mid-March assessment shows with seasonal restart of domestic brine supply unlikely to counter growing deficits.

March 15, 2022

LME imposes price limits for the first time after nickel crisis

When trading resumes Wednesday, price moves for nickel will be constrained to 5% above or below the last closing price before the suspension.

March 15, 2022

Gold prices fall despite ongoing war and surging inflation

It seems that the stalemate in Ukraine has slowed down gold's bold movements.

March 15, 2022

Russians buy up gold to salvage savings after ruble collapse

Increasing household demand for physical gold prompted Bank of Russia to halt its purchases from banks to ensure there’s enough supply for local buyers.

March 15, 2022

Turquoise Hill shareholders could score big with Rio’s bid

Analysts predict Turquoise Hill investors will seek a higher offer than the current C$34/share bid, perhaps greater than C$50/share.

March 15, 2022

Gold price extends decline ahead of Fed policy meeting

“Gold prices have moved lower in the past three days mainly because oil prices have fallen,” an analyst said.

March 15, 2022

Iron ore price drops as covid-19 outbreaks in China dim growth outlook

China has reported more local symptomatic covid-19 cases so far this year than it recorded in all of 2021.

March 15, 2022

Aluminum price leads metals lower as China lockdowns threaten economy

The European Union excluded aluminum, copper and nickel from its latest set of trade restrictions on Russia.