Top Oil Market Summons Poseidon to U.S.-Mideast Crude Fight

July 19, 2017 4:58 AM by Neal Bhai

Poseidon is wading into the battle between U.S. crude and Middle East supplies in the world’s biggest oil market.

Dollar Falls as U.S. Reform Hopes Dim; Gold Climbs: Markets Wrap

July 18, 2017 6:45 PM by Neal Bhai

Gold Silver Reports — The dollar slid back to a 10-month low as President Donald Trump’s economic revitalization agenda once again faltered. European stocks dropped as some earnings disappointed, and gold climbed to the highest in two weeks.

Top Peru Gold Miner to Weigh Copper Growth If Recovery Extends

July 18, 2017 4:28 AM by Neal Bhai

Gold Silver Reports — Peru’s biggest precious-metals producer will consider taking a deeper dive into copper if prices of the industrial metal keep rising.

Stocks Hover, Metals Rally as Markets Digest Data

Last Updated On July 17, 2017 9:23 PM by Neal Bhai

Gold Silver Reports — Stocks held firm Monday as metals climbed on better-than-expected Chinese growth. The pound fell as Brexit negotiations resumed.

Lonmin Jumps Most in 3 Months as Cash Improves After Cost Cuts

July 17, 2017 9:13 PM by Neal Bhai

Gold Silver Reports — Lonmin Plc climbed the most in more than three months as the world’s third-largest platinum miner kept costs down in the latest quarter, helping it generate cash even as the metal’s price declined.

Hedge Funds Are Losing Faith in Precious Metals

July 17, 2017 5:16 PM by Neal Bhai

Will the price of gold continue to rise in the long term?

Gold Silver Reports — Gold is out of favor with money managers and it’s not the only precious metal facing investor exodus.

MCX Gold In Recovery Mode, Eyes Rs 28K

Last Updated On July 17, 2017 6:03 PM by Neal Bhai

Gold Silver Reports — MCX Gold In Recovery Mode, Eyes Rs 28K — Gold futures rose on Friday, extending weekly gains amid a flurry of downbeat economic news. Buying seems to be returning in Gold after the metal edged up from a four month low.