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Fed caves on tightenings
The Fed caved on its last quantitative-tightening attempt, abandoning it years early.
Gold imports by India hit decade high as jewelry demand doubles
Demand revived after two bleak years as Indians once again flocked to jewelry stores in 2021 as fears of the pandemic eased.
Gold price extends losses, eyeing worst week since November
Gold prices slipped below its 100-day and 200-day moving averages in the last session.
Copper price heads for biggest weekly fall in three months
"Price weakness could last through China's New Year public holiday next week, typically a time of low demand," said Saxo Bank.
Iron ore price hits 5-month high on China demand optimism
Despite China's ambitious low-carbon goals, President Xi Jinping has said "reducing emissions is not about reducing productivity, and it is not about not emitting at all."
Zinc squeeze worsens as a second European smelter closes
Europe's zinc buyers can only hope warmer spring weather comes early this year, writes Andy Home.
Coal price surges as Ukraine tensions worsen supply woes
The benchmark Newcastle coal index has soared by over a third this month to $262 a tonne.
Teck Resources’ QB2 to cost up to $500m more than planned
It estimates the covid-19 pandemic will impact the expansion project's cost by $900 to $1.1 billion, up from the $600 million anticipated.
