Wall Street analysts are still holding firm on their bullish year-end targets for gold bullion — even after gold ended April with a more measured pullback and March’s sharp selloff, TheStreet.com reports. After stabilizing somewhat last month, gold drifted modestly lower in April, ending the month in the mid-$4,500 range. That leaves prices well below Gold’s late-January peak near $5,600, but still within striking …
Continue ReadingWashington under Trump is eager to secure alternative supplies, but Beijing’s dominance appears too strong to break soon, observers say The Trump administration’s strategic interest in rare earths is pushing the US towards more pragmatic diplomacy as it seeks to rebuild critical mineral supply chains without China, according to observers. As a result, there had been cooperation with other countries on resource projects …
Continue ReadingAn increase of 21.6 per cent in the aluminium price this year has been observed by the World Bank, in comparison to the previous year. The observation comes after the industry is currently grappling with tight supply, low inventory and a strong demand coming from the emerging industries. The projected price has been exceeding the market level for nearly two …
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