metals

The steel industry could soon move much higher, according to Longbow Research analyst Chris Olin. “Recent conversations with North American distributors levered to the energy markets suggest NT upside potential for the U.S. Steel (X) [United States Steel Corporation (NYSE: X)] Tubular Segment...

Exchange-traded funds have popularized investing in gold miners and made that asset class more accessible to a broad swath of investors. For example, the two largest gold miners ETFs have a combined $12.1 billion in assets under management and are among the most heavily traded ETFs in the U.S. The...

After a rough start to 2017, steel investors may have a better go of it in the second half of the year. Deutsche Bank analyst Jorge Beristain has upgraded a handful of steel and aluminum stocks and is now constructive on steel prices following a sluggish second quarter. U.S. hot-rolled coil prices...

Next week is a Federal Reserve week with plenty of market participants expecting the Federal Open Market Committee to boost U.S. interest rates. Gold and the related exchange traded products, including the SPDR Gold Shares (NYSE: GLD), often come into focus during Fed weeks. What Fed Means For Gold...

It looks like United States Steel Corporation (NYSE: X) shares may not stage a near-term recovery from the wounds inflicted by a post-election retreat and subsequently a lackluster first-quarter earnings report. Source: Y Charts The bleak prognostication comes amid the release of a note by...

The past few weeks have been unkind to gold and the related exchange-traded funds, but the SPDR Gold Trust (ETF) (NYSE: GLD) is still up nearly 7 percent year-to-date. GLD's year-to-date showing is arguably impressive amid tepid first-quarter demand for quarter. Additionally, the Federal...

United States Steel Corporation (NYSE: X) was one of the hottest Trump stocks in the weeks following the election, roughly doubling between early November and mid-February. Just over two months later, almost all of those gains are gone. From Disappointing Earnings To Unfulfilled Promises U.S. Steel...

The SPDR Gold Shares (NYSE: GLD), the world's largest exchange-traded product backed by physical holdings of gold, rose 1 percent in April. On the surface, that does not sound all that impressive. After all, there have certainly been months over GLD's lengthy trading history that the ETF...

Precious metals were the best-performing commodities of the first quarter, and some analysts believe the volatile nature of President Donald Trump’s first months in office played a big part. A composite of the active month futures prices of the four exchange-traded precious metals moved...

Platinum, usually among the most precious of metals, isn’t even worth its weight in gold these days. Some analysts suggest it’s a good time to buy. “If continued negative supply dynamics persist, the platinum price forecast for the next three months may see its rightful time on...

This is how strong silver and the related exchange-traded funds have been in 2016: The iShares Silver Trust (ETF) (NYSE: SLV) labors 23.2 percent below its 52-week high set in August, putting the largest silver ETF in a bear market, but SLV is still higher by 14.7 percent year-to-date. Although...

United States Steel Corporation (NYSE: X) is building on its post-election gains, even as it perches on a two-year high. The most recent catalyst being a tweet by CNBC's Brian Sullivan that CEO Mario Longhi revealed plans to rehire up to 10,000 workers previously let gone due to slowing...

Among the many asset classes racing higher following Election Day are industrial metals. The added good news is that copper is bolstering that theme. The iPath Bloomberg Copper Subindex Total Return Sub-Index (NYSE: JJC) is up 25.1 percent over the past month, and some of that ebullience is...

Most metals are advancing ahead of the U.S. presidential election irrespective of their risk disposition. However, the trend in recent sessions is reminiscent of a see-saw amid conflicting signals concerning the election results. On October 28, the markets were jolted by the FBI re-opening...

Deutsche Bank upgraded seven companies in the precious metals and mining sector following the continuous improvement enabling greater options. While three companies were upgraded from Hold to Buy, the other four were lifted from Sell to Hold. Analysts Jorge Beristain and Chris Terry pointed out...