Posts Tagged ‘japan’

an ounce and was later down 0.1 percent to $1,456.14 at 1:14 p.m. EDT Full story

Nunavut is attracting the attention of the world's miners like never before, says Scotiabank commodities analyst Patricia Mohr, speaking at a mining summit in the mineral-rich Canadian northern territory. Nunatsiaq Online reports : Pushed by the developing world’s growing hunger for consumer items, civil unrest in many countries, and “random” events like the recent tsunami, earthquake and nuclear power plant disaster in Japan, mining companies ... Full story

The key gold futures on the Tokyo Commodity Exchange scaled a 28-year high on Wednesday, driven by a rally to record peaks in the global gold market the day before and a weaker yen. Full story

It feels a little callous writing about Japan with respect to precious metals after the country suffered such a terrible tragedy. However, I think it's worth discussing because there's a lesson in it for all of us Full story

Gold and, particularly, silver are higher in European trading, especially in Japanese yen, which has come under pressure again today. The initial 'repatriation funds' yen rally in the days after the natural and nuclear disaster has abated Full story

A four-day-old strike has paralyzed Bolivia's San Cristobal mine, which produces silver, zinc and lead and accounts for about half the country's mining exports, the government said on Monday. San Cristobal is the world's third-largest producer of silver and the sixth-largest producer of zinc, according to Japan's Sumitomo Corp (8053.T: Quote), which fully owns the mine. Full story

The metals markets were briefly sidetracked by the Japanese earthquake and subsequent nuclear emergency. Gold did not know whether to go up or down in response to the damage wrought in Japan and the financial measures the Japanese government took. Was it inflationary Full story

GMT SINGAPORE/TOKYO (Reuters) - Japan's earthquake has opened a brief window of opportunity for consumers and investors to stock up on platinum and palladium after demand from automakers crashed in the wake of the catastrophe, slicing as much as 10 Full story

NEW YORK?Gold futures set a fresh intraday record high near $1,450 as a deepening political crisis in Portugal added to investor unease about fighting in Libya and Japan's nuclear crisis. The most actively traded gold contract, for April delivery, was Full story

SEEKING SAFETY: Silver and gold prices rose as fast-changing events from Portugal's financial problems to uprisings in the Middle East and North Africa prompted investors to seek more stable assets.REBUILDING JAPAN: Metals used for manufacturing settled Full story