NEW YORK, June 19- A former trader at the broker-dealer unit of MF Global Holdings Ltd's will pay $500,000 to resolve claims that he tried to manipulate palladium and platinum futures prices, a U.S. regulator said on Friday. The U.S. Commodity Futures Trading Commission said former MF Global Inc trader Joseph Welsh had agreed to the penalty as part of a settlement...» Read More
*To spin-off 23.9 pct Lonmin stake to Glencore shareholders. *Lonmin shares down 6 pct, Glencore shares little changed. CAPE TOWN, Feb 11- Miner and commodities trader Glencore will spin-off its stake in troubled platinum producer Lonmin and cut capital spending to help it cope with a plunge in commodity prices, it said on Wednesday.
LONDON, Feb 11- Miner and commodities trader Glencore plans to divest its stake in platinum producer Lonmin and to cut capital expenditure this year in response to market volatility, it said on Wednesday as it reported increased copper and coal output. Like its peers, Glencore has been hit by a rout in prices of commodities such as copper, coal and oil.
LONDON, Feb 11- Miner and commodities trader Glencore plans to divest its stake in platinum producer Lonmin and to cut capital expenditure this year in response to market volatility, it said on Wednesday as it reported increased copper and coal output. Like its peers, Glencore has been hit by a rout is prices of commodities such as copper, coal and oil.
NEW YORK/ LONDON, Jan 29- Gold prices tumbled more than 2 percent to a two-week low on Thursday, while silver fell more than 6 percent and platinum more than 3 percent as the U.S. That's what's turned gold down here, "said Bill O'Neill, co-founder of commodities investment firm LOGIC Advisors in Upper Saddle River, New Jersey. Spot gold fell to a two-week low of $1,251.86...
Daniel Hynes, Senior Commodity Strategist at ANZ, discusses the demand and supply issues in precious metals like platinum, palladium and gold.
James Steel, chief precious metals analyst at HSBC, discusses how inflation and commodity indices affects the price of oil and the knock on impact on gold.
Michael Widmer, metals strategist at Bank of America Merrill Lynch, discusses metal commodities and says gold should rally if tapering does not start soon.
Han Pin Hsi, Global Head of Commodities Research at Standard Chartered tells CNBC's Cash Flow why he thinks platinum will outperform gold.
Greg Johnson, President & CEO of Prophecy Platinum, talks about the rise in platinum prices and the impact of mining labor unrest in South Africa.
Kevin Book of ClearView Energy and Edmund Moy of Morgan Gold discuss the metals meltdown, as gold dips below $1,200 and oil edges down.
What should investors do with equity markets at record highs? Here is a recap of trade tips from today.
The Fast Money traders provide their plays on Merck, Microsoft and Best Buy. And Rick Rule, Sprout Asset Management, explains why he thinks gold prices are due for a "technical recovery."
Thomas Vitiello, Aurum Options Strategies, shares his metal strategy as the sell-off continues in gold, silver, and platium this morning.
Phil Silverman, Managing Partner of Kingsview Capital, explains why to wait on gold and silver plays as equities hit all-time highs.
Ric Spooner, Chief Market Analyst at CMC Markets tells CNBC's Cash Flow why he thinks silver and platinum are better bets than gold.
Vote now in our poll!
CNBC's Jackie DeAngelis reports on how the metals market is closing for the day.
Nick Trevethan, Senior Commodities Strategist at ANZ Research says the recent labor unrest in South Africa will push prices higher on mining services. He predicts gold could reach the 1,890 level.
CNBC's Sharon Epperson reports President Obama's State of the Union address called for more government spending and reconstruction, which is supportive of copper, platinum and palladium.