Metals and Minerals

16.04.2021

Kyrgyzstan's economic recovery largely depends on Kumtor

The Eurasian Development Bank predicts a recovery in economic growth in Kyrgyzstan this year. The dynamics of growth in the medium term will largely be determined by production indicators at Kumtor. This is stated in the bank's macroeconomic review.

According to EDB economists, the GDP growth of Kyrgyzstan this year will...

The Eurasian Development Bank predicts a recovery in economic growth in Kyrgyzstan this year. The dynamics of growth in the medium term will largely be determined by production indicators at Kumtor. This is stated in the bank's macroeconomic review.

According to EDB economists, the GDP growth of Kyrgyzstan this year will...

16.04.2021

Other precious metals join bullion in rally

Gold gained on Thursday as a weaker dollar and Treasury yields bolstered bullion's appeal, ahead of U.S. weekly jobless claims and retail sales data that will shed light on the pace of recovery in the world's largest economy.

Spot gold rose 0.5% to $1,744.30 per ounce by 1153 GMT. U.S. gold...

Gold gained on Thursday as a weaker dollar and Treasury yields bolstered bullion's appeal, ahead of U.S. weekly jobless claims and retail sales data that will shed light on the pace of recovery in the world's largest economy.

Spot gold rose 0.5% to $1,744.30 per ounce by 1153 GMT. U.S. gold...

16.04.2021

Aluminium keeps thriving amidst mixed base metals performance

Aluminium hit its highest level since May 2018 on Thursday over fears that top producer China could further cut output to reduce emissions, while a weaker dollar made metals broadly more attractive.

Benchmark three-month aluminium on the London Metal Exchange (LME) was up 1.1% at $2,349 a tonne at 1050 GMT,...

Aluminium hit its highest level since May 2018 on Thursday over fears that top producer China could further cut output to reduce emissions, while a weaker dollar made metals broadly more attractive.

Benchmark three-month aluminium on the London Metal Exchange (LME) was up 1.1% at $2,349 a tonne at 1050 GMT,...

15.04.2021

Kazakhstan, Uzbekistan among leaders in bullion buying spree

Gold buying by central banks and consumers in Kazakhstan, Uzbekistan India and China in Particular is stirring hopes for a recovery in the market, which has been hit by a wave of selling this year driven by large exchange traded fund outflows. The metal has staged a tentative recovery in...

Gold buying by central banks and consumers in Kazakhstan, Uzbekistan India and China in Particular is stirring hopes for a recovery in the market, which has been hit by a wave of selling this year driven by large exchange traded fund outflows. The metal has staged a tentative recovery in...

15.04.2021

Bullion bearish as equity markets boom

Gold prices inched lower on Wednesday as a record rally in global equity markets offset support for bullion from a softer dollar and data showing a jump in U.S. inflation.

Spot gold was down 0.1% at $1,743 per ounce, as of 1013 GMT. U.S. gold futures fell 0.2% to $1,743.90.

"Gold reacted...

Gold prices inched lower on Wednesday as a record rally in global equity markets offset support for bullion from a softer dollar and data showing a jump in U.S. inflation.

Spot gold was down 0.1% at $1,743 per ounce, as of 1013 GMT. U.S. gold futures fell 0.2% to $1,743.90.

"Gold reacted...


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