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By Nicholas Larkin, Bloomberg |
May 17, 2013
Gold bears are dominant again after prices resumed their slump and billionaire George Soros joined investors selling holdings in exchange-traded products that have retreated to a two-year low.
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By Agnieszka Troszkiewicz |
May 15, 2013
LCH.Clearnet, which clears LME trades, plans to triple a fee levied on contracts before the LME takes over clearing itself next year.
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By Stephen Kirkland and Nikolaj Gammeltoft, Bloomberg |
May 14, 2013
U.S. stocks rose, sending the Standard & Poor’s 500 Index to a record for the eighth time in nine days, amid improving confidence in the world’s largest economy. Industrial metals fell on concern about China’s growth.
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By Stephen Kirkland and Nikolaj Gammeltoft, Bloomberg |
May 14, 2013
U.S. stocks rose, sending the Standard & Poor’s 500 Index to a record for the eighth time in nine days, amid improving confidence in the largest economy. Industrial metals retreated on concern about China’s growth.
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By Bloomberg |
May 6, 2013
Copper climbed to the highest level in three weeks on speculation that demand may improve in China, the biggest user.
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By Phoebe Sedgman |
April 30, 2013
Copper retreated after the biggest monthly loss since May last year as China’s manufacturing expanded at a weaker pace in April.
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By Whitney McFerron, Bloomberg |
April 23, 2013
Goldman Sachs Group Inc. cut its “near-term” outlook for commodities and reduced forecasts for oil and coffee amid prospects for weak demand from China to Europe. The bank also exited a position on lower gold prices.
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By Sungwoo Park |
April 10, 2013
Copper demand in South Korea may decline this year compared with an increase predicted earlier as the economic recovery is not in sight.
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By Sonja Elmquist, Bloomberg |
April 9, 2013
Alcoa Inc., the largest U.S. aluminum producer, reported first-quarter earnings that exceeded analysts’ estimates as demand from airplane and car manufacturers increased.
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By Nicholas Larkin |
March 29, 2013
Copper analysts are the most bearish in 12 weeks as the metal extends its worst start to a year in more than a decade.