NEW YORK, Jan 13- A group of New York investors sued China Post Group Corporation for $500 million on Wednesday, claiming the government postal service failed to live up to its end of a deal to launch a chain of mini-markets in rural China. In a summons filed in Manhattan Supreme Court, New York- based China Horizon Investments Group, hedge fund firm Platinum Partners...» Read More
Nick Trevethan, Senior Commodities Strategist at ANZ Research tells CNBC's Cash Flow why he thinks precious metals will do well in 2013.
Is the precious metal adrift? Lincoln Ellis, Poplar Jackson, provides an outlook on metals in 2013.
Ric Spooner, Chief Market Analyst, CMC Markets says the underlying fundamentals for precious metals look good. He adds that good growth in the auto industry could help lift platinum prices.
Some traders say part of today's sell-off in the gold market was due to margin pressure in other asset classes, reports CNBC's Sharon Epperson.
Demand for certain commodities is contracting around the world, making the case for shorting a few of them, Queen Anne’s Gate Capital Management CIO Kathleen Kelley said Thursday on CNBC.
Rich Ilczyszyn, iiTrader.com chief market strategist, discusses whether a gold selloff will spark liquidation.
The price charts for gold are approaching a “golden cross” — in which the 50-day moving average surpasses its 200-day moving average — suggesting the start of a bull market, but is it a buy?
Ric Spooner, Chief Market Analyst, CMC Markets expects a price pullback in precious metals like platinum & gold. He explains why it's appropriate to aggressively short gold now & only buy in at 1625/1675 levels.
CNBC's Kate Kelly reports platinum is in high demand among hedge funds.
London-based company Lonmin, the platinum mining firm affected by strikes at their Marikana facility in South Africa, is a definite opportunity for investors looking to enter the sector according to Alison Turner, mining analyst at Panmure Gordon.
One of the world’s largest mining groups, Anglo American, could see its platinum production also affected by striking workers, according to trading company Vincom Commodities.
Palladium raced ahead of all other metals in April. After climbing double digits in the first quarter, platinum and silver futures were down 4 and 5 percent, respectively. Both metals lost ground for the second consecutive month. Copper prices were flat, and gold seems to have lost its luster, posting its third straight monthly decline.
Gold gets all the headlines, but platinum is a better bet to put precious metals in your portfolio, Patrick Armstrong of Armstrong Investment Managers told CNBC.
There may be no better way to appreciate the diversity of exchange traded funds than by looking at the commodities sector of the asset class.
In targeting the most promising subsectors or individual commodities, consider platinum, palladium, copper and corn.
Precious metals are being hit hard Wednesday—gold, silver, platinum and palladium all caught in the wave of selling.
From the popular precious metals gold and silver, to more niche plays like copper, palladium, and platinum, which metal will be the best investment going forward?
Despite demand for gold falling to 17 percent in the second quarter compared to the same period in 2010, the World Gold Council says that full-year demand will increase because of a rush to safe haven assets as market volatility has ramped up.
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.
The dollar is rising and gold has been gaining too. What's going on? The greenback and gold are usually inversely correlated, so when the dollar goes up, gold goes down and vice versa. But not today—and that highlights the gravity of sovereign debt concerns and worries about the value global currencies, not just the greenback.