Metals and Minerals

22.08.2019

Bullion holds around threshold level on political, monetary stalemates

Gold prices eased on Wednesday to hover around the $1,500 level as investors turned cautious ahead of minutes from the U.S. Federal Reserve’s last meeting, which is expected to shed more light on interest rate cuts.

Spot gold was down 0.5% at $1,499.18 per ounce by 0948 GMT, with analysts also...

Gold prices eased on Wednesday to hover around the $1,500 level as investors turned cautious ahead of minutes from the U.S. Federal Reserve’s last meeting, which is expected to shed more light on interest rate cuts.

Spot gold was down 0.5% at $1,499.18 per ounce by 0948 GMT, with analysts also...

22.08.2019

Copper, zinc, aluminium edge up, other base metals down on no news from political fronts

London copper prices inched up in early trade on Wednesday after a more than 1% drop in the previous session, as the dollar fell from a three-week peak and investors awaited the minutes of the Federal Reserve’s July policy meeting.

A weaker greenback makes dollar-denominated metals cheaper for holders of other...

London copper prices inched up in early trade on Wednesday after a more than 1% drop in the previous session, as the dollar fell from a three-week peak and investors awaited the minutes of the Federal Reserve’s July policy meeting.

A weaker greenback makes dollar-denominated metals cheaper for holders of other...

21.08.2019

Details of illegal issue of license for Terek-Sai field disclosed

The Prosecutor General’s Office of Kyrgyzstan disclosed details of issue of a license for Terek-Sai field, the press service of the supervisory body reported.

The Military Prosecutor’s Office handed a notice of suspicion of crime under the Article Complicity in corruption to the former head of the State Agency for Geology and Mineral Resources Duishenbek Zilaliev today.

During investigation of criminal...

The Prosecutor General’s Office of Kyrgyzstan disclosed details of issue of a license for Terek-Sai field, the press service of the supervisory body reported.

The Military Prosecutor’s Office handed a notice of suspicion of crime under the Article Complicity in corruption to the former head of the State Agency for Geology and Mineral Resources Duishenbek Zilaliev today.

During investigation of criminal...

21.08.2019

Bullion tops 41,500 threshold once more, monetary issues cited

Gold rose back above $1,500 an ounce on Tuesday, rebounding from the previous day's sharp losses as investors switched focus to the minutes of the U.S. Federal Reserve's latest meeting, which will be closely watched for clues on further interest rate cuts.

Spot gold was up 0.6% at $1,503.75 per ounce...

Gold rose back above $1,500 an ounce on Tuesday, rebounding from the previous day's sharp losses as investors switched focus to the minutes of the U.S. Federal Reserve's latest meeting, which will be closely watched for clues on further interest rate cuts.

Spot gold was up 0.6% at $1,503.75 per ounce...

21.08.2019

Non-ferrous base metal benchmarks swing down, blame put on China

Copper prices fell on Tuesday as the market focused on prospects for weaker demand in top consumer China, where activity in the manufacturing sector has deteriorated due to the prolonged U.S.-China trade dispute.

Benchmark copper on the London Metal Exchange was untraded in official rings, but bid down 0.8% at $5,736...

Copper prices fell on Tuesday as the market focused on prospects for weaker demand in top consumer China, where activity in the manufacturing sector has deteriorated due to the prolonged U.S.-China trade dispute.

Benchmark copper on the London Metal Exchange was untraded in official rings, but bid down 0.8% at $5,736...


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