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Gold closes near nearly eight-year highs
Gold closes near nearly eight-year highs
Gold prices closed practically unchanged on Monday, close to a nearly eight-year high reached last week. This is a result…
Americans, the biggest investors in silver
Americans, the biggest investors in silver in the last decade
Despite the doubts raised by the recent evolution of silver prices, investors highly appreciate this…
Social distance triggers automation in the mining sector
The need for social distance triggers automation in the mining sector
The Covid-19 pandemic has caused the closure of numerous mining operations around the world.…
Iraq’s forecasts $2.5 billion revenue for oil sales in June
Iraq's forecasts $2.5 billion revenue for oil sales this month
Iraq's Oil Ministry is hopeful that, in June, it could export 2.8 million barrels per day. As a…
Who will win the Libyan oil war?
Who will win the Libyan oil war?
As the war between rival groups and their supporters continues in Libya, the country's oil industry's fate remains unclear.…
Automotive and jewelry sector drive demand for platinum
Automotive and jewelry sector drive demand for platinum in China
According to market observers, China's demand for platinum has recently seen positive signs of…
OPEC+ reduces its production by 9.2 million barrels
OPEC+ reduces its production by 9.2 million barrels during the first month of the new cut pact
OPEC and its allies reduced their crude production by 9.2 million BPD…
Crude Oil Markets Continue to go up
Crude Oil Markets Continue to go up
The WTI crude oil market started backing down in Thursday's trading session but then rocketed upward to its highest record in…
Gold prices drop due to the strength of the dollar
Gold prices drop due to the strength of the dollar
Gold was trading lower on Wednesday due to a recovery in market sentiment, the strength of the dollar, and the…
Copper price rises after positive COVID-19 treatment trials
Copper price rises after positive coronavirus treatment trials
After some promising trials of a treatment for COVID-19 and robust economic data from the United…
Gold and silver fall due to risk aversion
Gold and silver fall due to risk aversion, strong Dollar, Covid-19
Gold prices dropped relatively heavily on Monday. Risk aversion took over the market and held…
Copper prices fall amid the resurgence of coronavirus fears
Copper prices fall amid the resurgence of coronavirus fears
Copper prices dropped on Monday on concerns about the second wave of coronavirus. Uncertainty whether…
Bitcoin Surviving as a Speculative Asset, JPMorgan Says
Bitcoin recently proved that it is a resilient asset amid the global financial meltdown last March. Click here for more information! - Finance Brokerage
Oil faces a weekly loss on the fear of the coronavirus
Oil faces a weekly loss on the fear of the second-wave of the coronavirus
Oil has faced the first weekly loss since the end of April. The fear that a second-wave of…
Earth’s gold production could run out in two decades
Earth's gold production could run out in two decades
One of the factors contributing to gold being a precious metal is its rarity. Manufacturers need to process…
Rising copper price projects a promising scenario
Rising copper price projects a more promising scenario for the industry
On the London Metal Exchange, the price of copper exceeded the US $2.5 a pound. The red…
Oil prices rise as a reopening drives fuel demand hopes
Oil prices rise as an easing of lockdowns drives fuel demand hopes
Oil prices saw some gains. The easing of lockdown measures across the world raised hopes for a…
Russia lowers its gold reserve level for the first time
Russia lowers its gold reserve level for the first time in more than a decade
As a counterweight to international sanctions and counter the importance of the dollar…
Canadian crude exports sink 55% after the oil price crash
Canadian crude exports sink 55% after the oil price crash
Statistics Canada stated, on Thursday, that Canada's energy exports dived by their highest on record.…
Silver futures will be raised between $19 and $20 an ounce
Silver futures will be raised between 19 and 20 dollars an ounce
Silver markets have rebounded significantly during Friday's trading session, breaking above $18 an…