China’s metals in grip of frenzy as investors bet on rally
The total turnover of the Shanghai Futures Exchange’s six base metals contracts, plus gold and silver futures, reached 37.1 trillion yuan in December.
Latest Stories
Perth Mint’s December gold, silver sales slip versus November
Sales of gold coins and minted bars fell to 35,885 ounces in December, from 66,710 ounces in November.
Silver, platinum prices plunge to extend big spike in volatility
“We expect large-scale selling activity to kick off amid significant rebalancing flows from broad commodity indices,” TD Securities strategist said.
African states, business groups eyeing stake in De Beers, CEO says
Anglo American, which owns 85% of De Beers, has valued the diamond producer at about $4.9 billion.
Gold, silver miners sell stock at fastest pace in over a decade
A flurry of equity raises by the small- and mid-cap precious metals miners comprised the bulk of activity.
De Beers bets on India’s rich to boost natural diamond demand
The unit of Anglo American is opening its fifth and largest global ‘Forevermark’ store in Mumbai this week.
Column: US tariff pull on copper drains China’s bonded warehouses
China's exports of refined copper surged to record levels last year as the world's top buyer found itself in unusual competition with the US for spare metal.
Strike continues at Capstone Copper’s Mantoverde mine after negotiations fail
The union in a statement said it expected a lengthy strike and that the mine was almost completely shut down.
Gold overtakes US bonds as largest foreign reserve asset
The value of gold held by foreign central banks is now approaching the $4 trillion mark.
- First
- Last
