Zinc Climbs to Highest in Over a Year

Gold Silver Reports — Zinc extended its advance to the highest in more than a year on concern about a looming supply shortage. Other base metals were mixed, while mining stocks retreated. Zinc jumped 39% this year on expectations for a deficit following supply cutbacks. Prices may rise 12%. — …

READ MORE…

Zinc MCX Trading Levels 132-144

Zinc MCX Trading Levels 132-144

Gold Silver Reports — Zinc on MCX settled up 0.47% at 138.10 gained tracking LME Zinc prices which has surged as much as 25 percent in 2016 to the highest since July as miners supply less of the ore concentrate that’s refined to produce the metal, just as demand rebounds in China, the biggest user.

READ MORE…

Copper MCX May Trading Levels of 308-316

Copper MCX May Trading Levels of 308-316Gold Silver Reports — Copper may move in the range of 308-316. Lead can hover in the range of 113.50-115 while zinc can move in the range of 125 -129. Nickel may move in the range of 555-580 in MCX. Aluminum can move in the range of 103-106 in MCX.

READ MORE…

Supplies of Gold and Silver Will Decline in 2016

Supplies of Gold and Silver Will Decline in 2016 Gold Silver Reports ~ Have we reached peak precious metals? Many analysts think so.

Just to be clear, however, the idea of peak gold and peak silver doesn’t refer to a peak prices. The precious metals put in a cyclical price high in 2011. But annual mining production levels may have peaked in 2014-2015. This is what is meant by “peak precious metals.”

READ MORE…