Platinum (PL) shows a higher high (bullish sequence) from 9.1.2022 low favoring further upside. Since forming the intermediate top at 1148.9 on April 21, the metal has corrected cycle from 2.27.2023 low...
The copper price fell on Monday amid fading momentum in top consumer China.
India's steel consumption is expected to grow by 7.5% during the current fiscal year to March 2024, boosted by rising demand from the domestic construction, railways and capital goods sectors, a leading...
Profits at China's industrial firms slumped in the first four months of 2023, official data showed on Saturday, as companies continued to struggle with margin pressures and soft demand amid a faltering...
The recent drop in gold prices is viewed as a short-term correction, presenting a buying opportunity for investors to acquire gold at a discounted rate, with the long-term strength of the gold market remaining...
The continuous gold futures contract rose to an ominous price in May 2023, reaching $2,072 per ounce. The rally took gold to a level creating a technical pattern that sticks out like a sore thumb on the...
Glencore was ranked fourth, with annual production of 993.4 kt in 2022.
The LME Steel Scrap CFR Turkey (Platts) Month 2 Closing price as on 25th May, 2023 stood at $371.00 per tonne.
The steel prices have been witnessing decline since the beginning of FY2024.
