Metals Commodities Updates: Silver Rises by 2.75%
Top commodity gainers are Silver (2.75%), Platinum (1.53%) and Gold (1.29%). Biggest loser is Steel Rebar (-0.51%).
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Top commodity gainers are Silver (2.75%), Platinum (1.53%) and Gold (1.29%). Biggest loser is Steel Rebar (-0.51%).
On Sept. 18, gold and silver prices traded higher on the Multi Commodity Exchange (MCX), extending their recovery after sharp volatility following the US Federal Reserve's rate decision.
Sept 18 (Reuters) — Gold inched higher on Friday as lower oil prices and a subdued US dollar offered support, while market participants kept their focus on developments in the Middle East and the outlook for global monetary policy. Fundamentals Spot gold was up 0.3% at $4,352.60 per ounce, as of 0050 GMT. US gold futur
Top commodity gainers are Silver (3.75%), Gold (2.27%) and Copper (2.01%). Biggest loser is Steel Rebar (-0.70%).
U.S. stocks are higher in early trade as triple witching approaches, oil falls and investors focus on rate-cut hopes. The piece also cites stronger AI-related money flows, softer housing data and mixed macro prints.
U.S. pending home sales increased 0.3% month over month in August after a revised 2.6% decline in July. The reading compared with estimates for a 2.0% increase.
U.S. equities traded higher Thursday, with the Nasdaq up about 400 points and the S&P 500 and Dow also advancing. Initial jobless claims fell by 10,000 to 196,000 in the second week of September, versus estimates of 208,000.
On Wednesday, Franco-Nevada (NYSE: FNV ) discussed second-quarter financial results during its earnings call. The full transcript is provided below. This transcript is brought to you APIs. For real-time access to our entire catalog, please visit for a consultation. The full earnings call is available at Summary Franco
Franco-Nevada (TSX: FNV ) held its second-quarter earnings conference call on Wednesday. Below is the complete transcript from the call. This transcript is brought to you APIs. For real-time access to our entire catalog, please visit for a consultation. The full earnings call is available at Summary Franco-Nevada Corpo
Anglogold Ashanti (NYSE: AU ) released second-quarter financial results and hosted an earnings call on Friday. Read the complete transcript below. This transcript is brought to you APIs. For real-time access to our entire catalog, please visit for a consultation. Access the full call at Summary Anglogold Ashanti report
Top commodity gainers are Silver (1.66%), Gold (1.49%) and Platinum (0.88%).
Gold rose toward $4,300 an ounce on Thursday, recovering losses from the previous session as the recent rally in oil prices lost steam, easing inflationary pressures. Those moves followed reports that Saudi Arabia is aiming to restore around half of its East-West pipeline capacity within days and return it to full oper
Dovish Hike Hopium Please click here for an enlarged chart of SPDR S&P 500 ETF Trust (NYSE: SPY ) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows that the stock market is in zone 1 (support). The chart shows buying in the early trade in stocks this morning. The buyin
India’s headline inflation rose to 4.8% in August, with food inflation at 6.0% and core inflation at 4.3%. Core inflation excluding gold and silver rose to 3.1%. The pickup in input prices is feeding through to consumers, while crude oil prices have flared up again.
In London opening trade Wednesday, miners rose as oil slipped on an unexpected jump in U.S. inventories and commodities gained; gold rebounded about 1%.
Gold climbed back above $4,300 an ounce on Wednesday, ending a two-session decline as gains in oil prices and bond yields lost momentum ahead of the latest US Federal Reserve policy decision. Oil prices pulled back from multi-month highs after a surprise increase in US crude inventories, although ongoing supply disrupt
Market Positioning Please click here for an enlarged chart of SPDR S&P 500 ETF Trust (NYSE: SPY ) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart is a 15 minute chart to illustrate the price action since three AI leaders advocated for an AI slowdown. The chart shows the in
U.S. stocks traded lower midway through trading, with the Dow Jones index dropping more than 350 points on Tuesday. The Dow traded down 0.71% to 52,051.45 while the NASDAQ declined 0.67% to 26,010.20. The S&P 500 also fell, dropping, 0.42% to 7,588.35. Leading and Lagging Sectors Energy shares jumped by 1.4% on Tuesday
Kroger gained about 3% after reporting second-quarter adjusted earnings of $1.09 per share and sales of $34.621 billion, both above estimates.
Gold and silver declined in international markets on Friday, with gold down $37.90 (0.86%) to $4,369.40/oz, amid a sharp rise in crude oil and uncertainty over the Fed’s rate path.
U.S. stocks fell on Thursday after August producer price data and surging oil prices stoked worries the Federal Reserve will hike rates next week, while rising Treasury yields made stocks less attractive. Heavyweight chipmakers also lost ground.
After the producer price index release, fed fund futures were indicating about a 70% probability of a rate hike next week. Headline PPI was 0.4% versus 0.4% consensus, while core PPI was 0.2% versus 0.3% consensus.
Gold and silver futures are lower following a report showing U.S. producer prices accelerating in August. Peter Cardillo of Spartan Capital said the decline comes as yields rise to at least three-year highs.
Platinum leads commodity gainers with a 2.75% rise, followed by silver up 2.37% and gold up 1.07%. Biggest losers include iron ore in CNY terms and steel rebar and lithium carbonate declines, per the update.
Core & Main reported second-quarter earnings of 94 cents a share on sales of $2.145 billion, topping analyst estimates of 92 cents and $2.136 billion, respectively.
Gold futures were steady as Treasury bond yields rose following a plan to buy up to $6 billion of longer-term debt in Thursday's buyback. Traders also look ahead to producer prices Thursday and consumer prices Friday.
Silver is the top gainer, up 1.59%, followed by gold up 1.18% and platinum up 0.65%. On the downside, lithium carbonate falls, iron ore CNY drops, and copper declines.
Gold eased 0.41% to $4,420.80/oz on COMEX, while silver fell 0.21% to $66.86/oz in early trade Wednesday (September 9) as investors weighed rising crude and US-Iran tensions and the US rate outlook.
Gold prices climbed 9% in August, silver jumped over 15%, and platinum was up more than 11%. On paper, that should have scared off jewellery buyers. Instead, the industry is bracing for one of its strongest festive seasons in years, with demand between September and December expected to rise 20-25…