Commodities

Things You May Need To Know About Base Metals’ Price Movements

October 31, 2018 04:40 AM AEDT| By Team Kalkine Media

Among the base metals, Copper prices have faced a major fall from the start of the year. Copper made a high in the month of January at the levels of $ 3.287. The commodity managed to touch the higher levels of January in the month of June the after f...

How Has The Needle Moved On Gold?

October 31, 2018 03:39 AM AEDT| By Team Kalkine Media

Geopolitical concerns and growing demand during festive seasons in certain part of the globe (including India) are expected to take Gold through highly volatile sessions. Banks and brokerage houses have reduced their estimates for the gold prices for...

Gold: Is It Still Sailing High?

October 29, 2018 01:12 PM AEDT| By Team Kalkine Media

Geopolitical concerns along with US-Saudi tensions impacted global equities and sell off was well seen in the markets. Owing to highly volatile condition in the market, investors are once again switching towards Gold, which has always been recommende...

The Upside Rally For Iron Ore!

October 29, 2018 09:43 AM AEDT| By Team Kalkine Media

Supported by strong demand for the steel making raw material Chinese iron ore futures showed 2% upside rally on Monday, which was recorded as the highest in almost last eight months. According to the data released by the Steel Home consultancy, Iron...

Iron Ore Ready To Show Its Strength In The Bull Run

October 26, 2018 10:30 AM AEDT| By Team Kalkine Media

Climbing 20.4% from July 5, 2018, the benchmark iron ore prices have entered a bull run. Modest losses were recorded in higher and lower grades, while the benchmark price surged on Thursday. All grades remain close to multi-month or multi-year highs,...

Oil Prices Witnessing A Fall: Should You Be Concerned?

October 24, 2018 07:39 AM AEDT| By Team Kalkine Media

It seems like the oil traders have loads of analysis to do before they take a call. Earlier, there were tensions regarding the increased oil prices on the back of US sanctions on the exports of Iran. The impacts of the heightened oil prices have been...

Iron Ore Prices: A Mixed Bag

October 17, 2018 09:40 AM AEDT| By Team Kalkine Media

On 16 October 2018, Iron ore spot and futures markets traded mixed and continued to consolidate upon the recent gains. The spot price for benchmark 62 percent fines decreased by 0.2 percent to $71.50 a tonne, easing back from the multi-month high of...

How The Needle Moves On Iron Ore Prices

October 15, 2018 08:28 AM AEDT| By Team Kalkine Media

Usually in countries with a higher political risk and regulatory profile, global iron ore production is considered to be concentrated. Mined across 50 countries worldwide, the iron ore spot prices fell heavily last month, as Iron ore (Fe) is used to...

Oil Falls 3pc In Part Amid Rising US Inventories

October 12, 2018 04:43 AM AEDT| By Team Kalkine Media

By a bigger-than-expected shape up in US crude inventories investor sentiment were made more bearish, oil prices slumped to more than two-week lows as global stock markets fell. After hitting a low of $US79.80, Brent crude futures had a 3.41 per cent...