Metals and Minerals

05.07.2022

Bullion, peers keep losing glitter on rising interest rates

Gold fell on Monday as prospects of higher interest rates dimmed appeal for the non-yielding asset, but a softer dollar helped bullion cling above the $1,800 support level.

Spot gold fell 0.2% to $1,807.40 per ounce by 1229 GMT. after touching a five-month low of $1,783.50 on Friday. U.S. gold futures...

Gold fell on Monday as prospects of higher interest rates dimmed appeal for the non-yielding asset, but a softer dollar helped bullion cling above the $1,800 support level.

Spot gold fell 0.2% to $1,807.40 per ounce by 1229 GMT. after touching a five-month low of $1,783.50 on Friday. U.S. gold futures...

05.07.2022

Copper, lead depreciate as other base metals veer up

Copper prices fell to 17-months lows on Monday as new COVID restrictions in top consumer China, slowing global manufacturing activity and a jump in inventories sparked demand worries and a sell-off.

Benchmark copper on the London Metal Exchange (LME) was down a touch at $8,044 a tonne at 1040 GMT. Prices...

Copper prices fell to 17-months lows on Monday as new COVID restrictions in top consumer China, slowing global manufacturing activity and a jump in inventories sparked demand worries and a sell-off.

Benchmark copper on the London Metal Exchange (LME) was down a touch at $8,044 a tonne at 1040 GMT. Prices...

04.07.2022

Kostanay region plans to build gold processing factories

Projects for the processing of gold-bearing and polymetallic ores may appear in the Kostanay region. Governor of the Kostanay region Archimed Mukhambetov held a meeting with investors on the implementation of promising investment projects.

With the company SRS Holding LTD, projects for the processing of gold-bearing and polymetallic ores in the...

Projects for the processing of gold-bearing and polymetallic ores may appear in the Kostanay region. Governor of the Kostanay region Archimed Mukhambetov held a meeting with investors on the implementation of promising investment projects.

With the company SRS Holding LTD, projects for the processing of gold-bearing and polymetallic ores in the...

04.07.2022

Bullion and peers pressed by overheated gringo dollar, palladium up

Gold fell on Friday en route to a third straight weekly dip as a firm dollar and looming rate hikes soured appetite for the non-yielding asset, while India's import tax hike on bullion also dampened its demand prospects.

Spot gold fell 0.1% to $1,804.81 per ounce by 1:52 p.m. ET (1752...

Gold fell on Friday en route to a third straight weekly dip as a firm dollar and looming rate hikes soured appetite for the non-yielding asset, while India's import tax hike on bullion also dampened its demand prospects.

Spot gold fell 0.1% to $1,804.81 per ounce by 1:52 p.m. ET (1752...

04.07.2022

Tin, lead up as other base metals take fresh blow

Copper prices slumped on Friday to their weakest in 17 months as inflation data reinforced fears that central bank tightening would push economies into a recession and hit metals demand.

Three-month copper on the London Metal Exchange eased 3.4% to $7,980 a tonne in official open outcry trading after dropping to...

Copper prices slumped on Friday to their weakest in 17 months as inflation data reinforced fears that central bank tightening would push economies into a recession and hit metals demand.

Three-month copper on the London Metal Exchange eased 3.4% to $7,980 a tonne in official open outcry trading after dropping to...


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