March 9, 2022

Gold price drops from 19-month high with risk sentiment improving

Despite the latest setback, bullion is still up 9% on the year.

March 9, 2022

Wild nickel market may get relief from Indonesia’s higher output

The country is set to add 393,000 tonnes to 400,000 tonnes of nickel in metal output capacity this year.

March 9, 2022

US senators seek to bar Russia selling gold to dodge sanctions

Bill would impose secondary sanctions to anyone buying or selling Russian gold, in an effort to further weaken the ruble.

March 8, 2022

After 16 years, Vale’s big nickel bet is looking like a winner

In the heady days of the 2000s commodities supercycle, Vale made a $17 billion bet on a metal used mainly to make stainless steel.

March 8, 2022

With eye on metal prices, US cautious on possible sanctions of Usmanov companies

The United States last week imposed sanctions on the billionaire as part of several rounds of measures Washington has taken.

March 8, 2022

Caterpillar soars as investors hunt for hedges against inflation

Caterpillar shares are headed toward the biggest five-day gain since the pandemic.

March 8, 2022

LME halts nickel trading after unprecedented 250% spike

The frenzied move was the largest-ever on the LME.

March 8, 2022

Indonesia’s coal miners are bracing for new export curbs

New restrictions on overseas sales are possible in either April or August to make sure local power plants have sufficient supply.

March 8, 2022

Gold price approaching record high as Ukraine, inflation risks mount

Soaring oil prices and the Ukraine war have slammed appetite for riskier assets.

March 8, 2022

Nickel price surge past $100,000 leaves big short with big trouble

The ferocity of the price action over the last 24 hours speaks to a forced liquidation of positions, a buy-back in a liquidity vacuum, writes Andy Home.