Metals

Ascend Elements, Elemental Strategic Metals form European EV battery recycling venture
Ascend Elements, Elemental Strategic Metals form European EV battery recycling venture
April 9, 2024
US FIRM Ascend Elements and Poland’s Elemental Strategic Metals have formed a joint venture to recycle electric vehicle batteries, with their first Polish plant already open and another plant...
Gold prices edge higher as markets await Fed minutes, CPI data
Gold prices edge higher as markets await Fed minutes, CPI data
April 9, 2024
GOLD prices edged up on Tuesday (Apr 9), hovering slightly below a record high as investors awaited the US Federal Reserve’s policy meeting minutes and key inflation data for...
Gold prices drop 1 per cent as US dollar, yields firm after upbeat US data
Gold prices drop 1 per cent as US dollar, yields firm after upbeat US data
April 8, 2024
GOLD prices slipped more than 1 per cent on Monday (Apr 8) as the US dollar and Treasury yields held firm after strong US data heightened doubts on whether...
Gold prices drop 1 per cent as US dollar, yields firm after upbeat US data
Gold prices drop 1 per cent as dollar, yields firm after upbeat US data
April 8, 2024
GOLD prices slipped more than 1 per cent on Monday (Apr 8) as the US dollar and Treasury yields held firm after strong US data heightened doubts on whether...
Gold prices drop 1 per cent as US dollar, yields firm after upbeat US data
Gold climbs to new record before pivotal US inflation print
April 8, 2024
GOLD drove higher to a fresh record above US$2,350 an ounce as investors shifted focus to a key US inflation reading later this week, while geopolitical risks also added...
Gold takes breather after record run ahead of US jobs data
Gold takes breather after record run ahead of US jobs data
April 5, 2024
GOLD prices hit a pause on Friday (Apr 5) after scaling to historic highs in the previous session on expectations of lower US interest rates this year, while traders...
Gold prices touch record high after Powell’s comments
Gold prices touch record high after Powell’s comments
April 4, 2024
GOLD surged to a record high on Thursday (Apr 4), as Federal Reserve chair Jerome Powell underlined that recent job gains and higher-than-expected inflation readings do not significantly alter...
Gold extends record rally on safe-haven appeal, weaker US dollar
Gold extends record rally on safe-haven appeal, weaker US dollar
April 3, 2024
GOLD prices extended their record rally on Wednesday (Apr 3), buoyed by a weaker US dollar and safe-haven demand from escalating tensions in the Middle East, while investors looked...
Gold holds ground as easing US Treasury yields lift appeal
Gold holds ground as easing US Treasury yields lift appeal
April 2, 2024
GOLD prices held steady on Tuesday (Apr 2) backed by lower US Treasury yields, after touching a record high in the previous session on growing expectations that the Reserve...
Gold hits record high on rising hopes for Fed rate cut in June
Gold hits record high on rising hopes for Fed rate cut in June
April 1, 2024
GOLD prices touched a record high on Monday (Apr 1) after data showed that United States inflation moderated in February, boosting bets for the Federal Reserve’s June interest rate...