LONDON, April 24- Aluminium has staged an impressive price rally since the start of the month. On the London Metal Exchange three-month metal has powered up to $1,900 per tonne, a level last seen in October 2013.» Read More
Almost no one outside the sponsor (the World Gold Council) has ever seen the gold in the world's largest vault — until now.
Gold Bullion International's CEO explains the advantages. "When you own a real asset, there's no counterparty risk between you and the real asset," he says
Chinese companies and investors are stepping up their purchases of industrial commodities such as copper, in a show of confidence in the global economy that stands in contrast to the turmoil in western markets. The FT reports.
Gold is increasingly harder to find, forcing thousands of miners to drill deeper, at higher costs and greater danger.
What is it about gold that makes people so passionate, crazy, paranoid? Our special report answers that question and more. We'll take you to mines in South Africa, gold bank vaults in London, trading pits in New York and the shop floor of a huge gold-jewelry manufacturer in Louisiana.
With fiscal instability plaguing the U.S. and Europe, some want a return to the past and a restraint on money supply.
Like commodities in general, metals help investors diversify as their performance bears little resemblance to that of stocks.
Gold has had a hold on mankind since it was first mined in the Copper Age.
These should be boom times for the mining business in California and Nevada. There is no "rush" in the new gold rush.
An unheralded Russian club owned by billionaire oligarch Suleiman Kerimov is expected to make Samuel Eto’o the world’s highest paid footballer, the FT reports.
Both the U.S. and Europe are facing a decade of slow growth brought on primarily by the blunders of central banks, noted doomsayer Marc Faber said.
In what could be a precursor to much higher margins at the CME, MF Global today has raised its margins on one contract of silver from $14,513 to $25,397, or an increase of 75%.
"Worldwide stock markets over the last year have been moving opposite of gold. This suggests that to keep balance in your portfolio, you need to not to put everything in the same basket. Let's look at a possible allocation out of cash, stocks and bonds, and into precious metals," Michael Haynes, chief executive at American Precious Metals Exchange, told CNBC.
Cramer makes the call on viewers' favorite stocks.
The only producer of rare earth oxides in the Western Hemisphere has turned a profit. Breaking down the numbers and a look at growth prospects, with Mark Smith, Molycorp, CEO.
With the price of gold soaring to record levels, the precious metal has become that much more dear. Where and how should gold buyers store their bullion and coins?
The West is close the point where its paper currency system is insolvent, and as a result gold is heading to $5,000 an ounce, according to the manager of a gold fund.
Simon Rutherfurd, Portfolio Manager at Northwest Capital, is currently overweight on Rio and believes that it is a very good buy at these levels.
A check on how steel stocks have taken a dive.
Sean Fenton, Director at Tribeca Investment Partners, believes that mining services with exposure to Australia's capex boom and agriculture with leverage to emerging market consumption growth are offering the strongest growth potential at the moment.