Commodities & Metals - Page 2

Zekelman Gears Up for IPO

Zekelman Industries has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). No pricing details were given in the filing, although ...
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Gold Prices Slide on Stronger Dollar

It's been a tough year so far for gold. The yellow metal has dropped about $250 an ounce since the beginning of the year, or about 10%. Gold last closed ...
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Capital Flows Headed in Wrong Direction for Gold ETFs

Holdings in global gold-backed exchange traded funds (ETFs) and similar products dropped by 39 metric tons (tonnes) in assets under management (AUM) in July, according to the latest data from ...
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Despite Trade Worries, Analyst Sees Steel Industry Earnings Surging: 5 Stocks to Buy

It has probably been the most discussed economic and political story of 2018, and it is one that probably will stay front and center for some time. After years of ...
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Gold and Precious Metals Moving Toward Lows of the Year

Gold has had a rough 2018. Despite some of the international trade worries and international suspense, the reality is that most investors are just not looking for the "ultimate safety ...
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Freeport-McMoRan Begins Transfer of Copper Mine to Indonesia

Copper and gold mining giant Freeport-McMoRan Inc. (NYSE: FCX) has taken the first step in transferring control of its massive Grasberg copper mine to the Indonesian government. The company has ...
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Despite Trade Issues, Deutsche Bank Very Positive on 5 Top Steel Stocks

It probably has been the most discussed economic and political story of 2018, and it is one likely to stay front and center for some time. After years of huge ...
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Why Goldman Sachs Is Pounding the Table for Investors to Buy Commodities for the Rest of 2018

If there is one brokerage and investment banking firm whose views can influence investors' decisions about issues large and small, Goldman Sachs likely fits that bill. After all, its focus ...
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Jefferies Says Buy Mining and Commodities Stocks on Trade Policy Worries

It was inevitable. Concern over the potential for a massive trade war, especially with China, has dented some of the top stocks in the sectors that do some of the ...
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If Tariffs Are So Bad Why Are Steel Stocks Still Red Hot?

Needless to say, nobody likes to see tariffs imposed anywhere, and despite the all the rhetoric about the president's actions, the fact of the matter is foreign countries have taken ...
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Chinese Market for Gold Jewelry on the Mend

For a dozen years through 2013, China's market for gold jewelry soared by around 450%. In the three years through 2016, the market dropped by a third, before picking up ...
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Why Coal Is Back From the Dead: 4 Stocks to Buy Now

There was a time, not all that long ago, when some of the hottest stocks to buy were coal stocks. Between demand for energy and for the metallurgical coal used ...
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Gold-Backed Inflows Rise in Asia and Europe

In the past month, global gold-backed exchange traded fund holdings added 15 tonnes (t) to 2,484. Ultimately, Europe and Asia drove inflows as European funds have responded strongly in the ...
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Merrill Lynch Says New Trump Tariffs Huge for 5 Top Steel Stocks

It has become pretty clear, or at least it should be to nations around the world that are not committed to fair trade, if you don’t play ball with the ...
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The Market for Gold in 2048

It may seem like a fool's errand to attempt a 30-year forecast for anything. In 1988, for example, who could have foreseen the computing power available in a smartphone on ...
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