Gold moves above $1,800 after Jackson Hole
However, the bullish joy may be premature, as the Fed is likely to taper this year.
Latest Stories
1911 Gold receives Manitoba exploration grant for Rice Lake
The exploration budget at Rice Lake was set at C$1.2 million with work conducted on six targets.
CATL eyes second dollar bond amid demand surge for EV batteries
CATL has hired investment banks to arrange the potential debt sale.
Copper price down as China factory activity slows
The state reserves administration in China released 150,000 tonnes of copper, aluminium and zinc into the market, completing a third round of metal auctions.
Gold price holds ground with all eyes on US jobs data
Should the data exceed expectations, a stronger dollar would put “some pressure on gold,” an analyst said.
China opens border to Mongolian coal but market remains tight
Shipments remain limited and so far insufficient to alleviate a persistent supply crunch.
China completes latest metal auctions as Xi urges better reserves system
Country released another 150,000 tonnes of state metal inventories to the market on Wednesday.
Home: China battles with aluminum’s decarbonization paradox
The world needs more aluminum to go green but the smelters that produce the stuff account for around 2% of all man-made emissions each year.
Aluminum makers in India plead for coal as power squeeze bites
The producers face severe disruption if smelters experience outages and have few alternatives to domestic coal.
