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By Joe Richter, Bloomberg |
May 20, 2013
Hedge-fund managers are making the biggest ever bet against gold as billionaire George Soros sold holdings last quarter and Goldman Sachs Group Inc. predicted more declines after the longest slump in four years.
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By Debarati Roy and Joe Richter, Bloomberg |
April 17, 2013
Investors are dumping gold funds at the fastest pace in two years in favor of equities, compounding a slump that has wiped $560 billion from the value of central bank reserves.
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By Joe Richter, Bloomberg |
February 26, 2013
China, primed by government spending to boost growth, will need enough copper every month to circle the globe more than 100 times.
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By Joe Richter, Bloomberg |
January 8, 2013
Demand for palladium, last quarter’s best-performing precious metal, is exceeding supply for a second consecutive year as mine production stagnates while sales by automakers, the biggest buyers, reach record highs.
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By Sonja Elmquist, Bloomberg |
October 9, 2012
Alcoa Inc., the largest U.S. aluminum producer, posted third-quarter earnings and sales that exceeded analysts’ estimates after reporting improved productivity at its primary metals and engineered-products units.
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By Elizabeth Campbell, Bloomberg |
June 18, 2012
Managed funds added to their bullish commodity positions as mounting speculation that central banks will announce more economic stimulus halted a slide in prices and drove gold to its longest rally since August.
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June 6, 2012
Gold is stuck in the longest slump in a decade as investors shun bullion for the dollar and bonds, just seven months after Bank of America Corp. said Europe’s debt crisis would send prices to a record $2,000 an ounce.
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By Nicholas Larkin and Joe Richter, Bloomberg |
April 12, 2012
The third consecutive annual copper shortage and accelerating U.S. growth will drive prices to the highest in a year in the next quarter, according to the most accurate forecasters.
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By Marvin G. Perez and Isis Almeida, Bloomberg |
April 3, 2012
The premium paid for arabica beans favored by Starbucks Corp. over the robusta used by Nestle SA may rally from a 20-month low because of a surge in supply from Vietnam, the biggest grower of the less costly coffee.
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By Debarati Roy, Bloomberg |
March 19, 2012
Speculators slashed wagers on higher agricultural prices by the most in eight weeks, missing out on this year’s biggest rally as parched fields from South America to Europe curbed expectations for record harvests.
