SYDNEY, Sept 2- London copper held near its recent low on Tuesday after surveys showed factory growth in China and Europe slowed in August, raising bets that central bankers will have to loosen policy which has kept a floor under prices.» Read More
Although construction and mining giant Caterpillar cut its full-year outlook and missed Wall Street’s revenue estimates on Monday, one analyst says the stock is a “buy” if global growth is positive.
The Australian government on Monday lowered its expectations for a budget surplus as falling commodity prices coupled with slower growth begins to bite, giving rise to the question: should the country drop the idea of a surplus?
Warren Gilman, Chairman & CEO, CEF HOLDINGS says that gold is likely to pull back further, presenting a good buying opportunity in 2-3 weeks time.
Rich Ilczyszyn, CEO and founder of iiTrader and a "Futures Now" trader, outlines where gold might be headed.
Jonathan Barratt, CEO & Founder, Barratt's Bulletin says that there will be selling in the Gold ETF market if gold prices continue to come under pressure.
Hayden Bairstow, Head of Australian Resources Research at CLSA says that miners are upping their investments to expand capacity. This means that volume growth will help offset weak metal prices.
Jay Richards, Investment Manager at GTL Capital Management says that base metals prices will fall as China's infrastructure spending slows.
Jeff Largey, head of metals and mining research at Macquarie Group, tells CNBC that as the metals and mining sector are facing supply challenges, it will be crucial for China's new leadership to implement growth policies.
Peter Akerley, President & CEO, Erdene Gold explains that despite the slip in Mongolian mining, especially coal, capital injections in the sector still remain strong.
Jeffrey Christian, Founder & Managing Director, CPM Group says that gold could move towards the $1700-level, if it does not break past the $1750 handle.
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Gaurav Sodhi, Resources Analyst, Intelligent Investor says that its hard to put a price on gold as the bullion is dependent on market behavior.
Rich Ilczyszyn, CEO and founder of iiTrader and a "Futures Now" trader, breaks down the important levels to watch for gold.
Pravin Gordham, Finance Minister of South Africa explains why the revised GDP target of 2.7% this year has nothing to do with the recent labor issues. He assures CNBC the government has a plan to resolve the unrest.
Earnings weigh on risk and the IMF issues a euro zone warning — it's time for your FX Fix.
Francois Henry Bennahmias, CEO Ad Interim, Audemars Piguet says that the firm is looking at ways to reduce cost as gold prices keep rising.
Mike Harrowell, Senior Resources Analyst, BBY says that the QE boost to commodity prices does not reflect demand concerns and that base metals prices could be trading lower by end-December.
CNBC's Sharon Epperson reports silver and copper are among the biggest losers in metals.
With tensions once again rising in South Africas mining sector, investment bank Merrill Lynch has cut its weighting to the countrys stock market and mining sector.
Dan Morgan, Global Commodities Analyst, UBS says that stimulus measures are driving the commodities market.