Copper price: USD6492 per ton
Zinc price: USD2448 per ton

Potential stock related to glove,gold,copper and zinc.

CSC STEEL HOLDINGS BHD

Copper price jumps to 2-year high

Copper prices rallied on Tuesday on the back of falling inventories, unprecedented Chinese economic stimulus and ongoing worries about pandemic-hit supply from top producer South America.

Copper for delivery in September trading in New York changed hands for $2.9815 a pound ($6,573a tonne) in afternoon trade, up 2.8% from Monday’s settlement.

Copper futures prices are on track for the highest close since July 2018 and are now up by more than 50% from the covid-19 lows struck in March.

https://www.nationsencyclopedia.com/Asia-and-Oceania/Malaysia-MINING.html

Copper price jumps to 2-year high

Copper prices rallied on Tuesday on the back of falling inventories, unprecedented Chinese economic stimulus and ongoing worries about pandemic-hit supply from top producer South America.

Copper for delivery in September trading in New York changed hands for $2.9815 a pound ($6,573a tonne) in afternoon trade, up 2.8% from Monday’s settlement.

Copper futures prices are on track for the highest close since July 2018 and are now up by more than 50% from the covid-19 lows struck in March.

https://www.nationsencyclopedia.com/Asia-and-Oceania/Malaysia-MINING.html

Post removed.Why?

Post removed.Why?

Tawin, Anzo, Jag

Chinese demand rising as supply worries mount
Chinese investors, in particular, are seeing a convergence of rising Chinese demand and rising supply-side anxiety.

A simultaneous fall in SHFE inventory and a rise in refined metal imports supports the rapid recovery story in China.

Rising infection rates in South America impact mining sector
Both copper and zinc rely heavily on mines in Chile and Peru for ore supplies.

That reality is a fact highlighted in a recent Mining.com report, which warned that mining companies operating in Peru are being forced to keep operations suspended.

In addition, companies are halting new operations as confirmed coronavirus cases in the country surged past 300,000, with several of the new infections happening in the copper sector.

Supply-side concerns have also provided support for lead (often co-mined with zinc). This is despite a massive surge in LME inventory arriving in last July, nearly doubling stock levels to 119,000 metric tons.

Supply-side worries are supporting the zinc, lead and copper prices
by Stuart Burns on AUGUST 18, 2020

Chinese demand rising as supply worries mount
Chinese investors, in particular, are seeing a convergence of rising Chinese demand and rising supply-side anxiety.

A simultaneous fall in SHFE inventory and a rise in refined metal imports supports the rapid recovery story in China.

Rising infection rates in South America impact mining sector
Both copper and zinc rely heavily on mines in Chile and Peru for ore supplies.

That reality is a fact highlighted in a recent Mining.com report, which warned that mining companies operating in Peru are being forced to keep operations suspended.

In addition, companies are halting new operations as confirmed coronavirus cases in the country surged past 300,000, with several of the new infections happening in the copper sector.

Supply-side concerns have also provided support for lead (often co-mined with zinc). This is despite a massive surge in LME inventory arriving in last July, nearly doubling stock levels to 119,000 metric tons.

Supply-side worries are supporting the zinc, lead and copper prices
by Stuart Burns on AUGUST 18, 2020

https://markets.businessinsider.com/commodities/copper-price

ABF MALAYSIA BOND INDEX FUND ABFMY1

ABF MALAYSIA BOND INDEX FUND ABFMY1

GoldEtf 0828EA

GoldEtf 0828EA

‘Something is ending’: German towns braced for US military exit
The thought of troops leaving one of the largest overseas American bases in the world brings mixed feelings

The Trump administration wants a US-China commercial split

Bloomberg reports that a recent Weibo survey in China that sampled more than 1.2 million respondents, revealed that an overwhelming majority of Chinese iPhone users, 95% to be exact, would switch from Apple to another smartphone brand rather than give up WeChat.


With more than a billion users, WeChat is the single most important app in China. It has grown to become more than just a messaging app, as people use it to make in-store payments, transfer money to friends, ride-hail, order food deliveries and more.

Bloomberg reports that a recent Weibo survey in China that sampled more than 1.2 million respondents, revealed that an overwhelming majority of Chinese iPhone users, 95% to be exact, would switch from Apple to another smartphone brand rather than give up WeChat.


With more than a billion users, WeChat is the single most important app in China. It has grown to become more than just a messaging app, as people use it to make in-store payments, transfer money to friends, ride-hail, order food deliveries and more.

Apple, Intel, and other US companies reportedly urged Trump to rethink the WeChat ban.
They’re hoping the administration will narrow the order to allow business in China.
A ban could put American companies at a disadvantage against Chinese rivals.

Bloomberg reports that a recent Weibo survey in China that sampled more than 1.2 million respondents, revealed that an overwhelming majority of Chinese iPhone users, 95% to be exact, would switch from Apple to another smartphone brand rather than give up WeChat.


With more than a billion users, WeChat is the single most important app in China. It has grown to become more than just a messaging app, as people use it to make in-store payments, transfer money to friends, ride-hail, order food deliveries and more.

TIKTOK AND ITS EMPLOYEES PREPARE TO FIGHT TRUMP OVER APP BAN
Trump last week ordered sweeping but vague bans on dealings with the Chinese owners of TikTok, saying it is a threat to U.S. national security.

Author: MATT O'BRIEN (AP Technology Writer)
Published: 3:37 PM EDT August 13, 2020
Editor's note: The video above was published Aug. 13, 2020.

TikTok and its U.S. employees are planning to take President Donald Trump's administration to court over his sweeping order to ban the popular video app, according to a lawyer preparing one of the lawsuits.

Treasury Sanctions Individuals for Undermining Hong Kong’s Autonomy
August 7, 2020
WASHINGTON – Today, the Department of the Treasury imposed sanctions on 11 individuals for undermining Hong Kong’s autonomy and restricting the freedom of expression or assembly of the citizens of Hong Kong.

China has imposed sanctions on 11 American lawmakers and foreign policy experts in response to similar US measures on Chinese and Hong Kong officials, as tensions between the two powers escalate.

Beijing on Monday hit back at the US after President Donald Trump last week brought sanctions against Chinese and Hong Kong officials over their role in imposing a draconian security law on the Asian financial centre.

Golden bridge is falling down, falling down, failing down.

Wait long long time also will not fly.

Last time, Boss botak trap. Now Fatty trap.

Gold up and down. The company also up and down. Shoot high and fall hard. Everyday up and and down hard will get heart attack.

Roller coaster

Gold's bull run turns bearish
After a strong run that sent gold prices to record levels and up more than 40% this year, buyers have turned their backs on the precious metal in recent trading sessions. As a result, investors in gold stocks, including S&P 500 component Newmont Corporation, have started offloading gold miners.

Looking more broadly outside the S&P, it was a terrible day for gold, silver, and other precious and semiprecious miner stocks. First Majestic Silver (NYSE:AG) and Fortuna Silver (NYSE:FSM) shares fell 12%, while Coeur Mining (NYSE:CDE) and Yamana Gold (NYSE:AUY) shares lost 10% on the day.

Gold's bull run turns bearish
After a strong run that sent gold prices to record levels and up more than 40% this year, buyers have turned their backs on the precious metal in recent trading sessions. As a result, investors in gold stocks, including S&P 500 component Newmont Corporation, have started offloading gold miners.

Looking more broadly outside the S&P, it was a terrible day for gold, silver, and other precious and semiprecious miner stocks. First Majestic Silver (NYSE:AG) and Fortuna Silver (NYSE:FSM) shares fell 12%, while Coeur Mining (NYSE:CDE) and Yamana Gold (NYSE:AUY) shares lost 10% on the day.

Gold's bull run turns bearish
After a strong run that sent gold prices to record levels and up more than 40% this year, buyers have turned their backs on the precious metal in recent trading sessions. As a result, investors in gold stocks, including S&P 500 component Newmont Corporation, have started offloading gold miners.

Looking more broadly outside the S&P, it was a terrible day for gold, silver, and other precious and semiprecious miner stocks. First Majestic Silver (NYSE:AG) and Fortuna Silver (NYSE:FSM) shares fell 12%, while Coeur Mining (NYSE:CDE) and Yamana Gold (NYSE:AUY) shares lost 10% on the day.

Jason Hall(TMFVelvetHammer)
Aug 11, 2020 at 6:18PM
The S&P 500 Index (SNPINDEX:^SPX) fell 26.7 points, or 0.8%, on Aug. 11. That marks the first down day for the index in more than a week, with the majority of index components finishing the day's trading lower.

The worst-performing S&P 500 component stocks on the day included oil stocks Occidental Petroleum (NYSE:OXY), down 8%, and Apache Corp (NASDAQ:APA) and Cabot Oil & Gas (NYSE:COG), both down 4%. Gold miner Newmont Corp (NYSE:NEM) shares fell 7.4% on a day that saw nearly every gold stock fall sharply on a brutal day for gold prices.

US dollar buoyed by jump in US bond yields
Tom Westbrook & Eimi Yamamitsu
/
Reuters

August 12, 2020 12:00 pm +08

-A+A
SINGAPORE/TOKYO (Aug 12): The US dollar inched ahead on Wednesday, as a jump in US yields pushed it higher against the Japanese yen, while the kiwi briefly hit a one-month low after the central bank extended its bond buying programme.

The yield on 10-year US debt, which rises when bond prices fall, made its steepest gain in two months on Tuesday ahead of the largest ever 10-year auction later on Wednesday.

That triggered a wave of gold selling, which deepened in Asia, and it has pressured the yen as better returns on US debt lures investment from zero-yielding Japan.

US dollar buoyed by jump in US bond yields
Tom Westbrook & Eimi Yamamitsu
/
Reuters

August 12, 2020 12:00 pm +08

-A+A
SINGAPORE/TOKYO (Aug 12): The US dollar inched ahead on Wednesday, as a jump in US yields pushed it higher against the Japanese yen, while the kiwi briefly hit a one-month low after the central bank extended its bond buying programme.

The yield on 10-year US debt, which rises when bond prices fall, made its steepest gain in two months on Tuesday ahead of the largest ever 10-year auction later on Wednesday.

That triggered a wave of gold selling, which deepened in Asia, and it has pressured the yen as better returns on US debt lures investment from zero-yielding Japan.

Palladium (XPDUSD) Up $43.18 On 4 Hour Chart, Started Today Down 5.8%; Crosses 20 Day Moving Average
TagsPalladium
August 12, 2020 by cfdtrading

Palladium (XPDUSD) Up $43.18 On 4 Hour Chart, Started Today Down 5.8%; Crosses 20 Day Moving Average
TagsPalladium
August 12, 2020 by cfdtrading

Silver Price Analysis: XAG/USD continues to dive and briefly printed below $25
August 11, 2020 07:35 GMT | By Rajan Dhall, MSTA
Silver Price Analysis: XAG/USD continues to dive and briefly printed below $25
Silver is trading 13.7% lower on Tuesday as the rout on precious metals continues.
USD 25 per troy ounce could be an important support level to watch.

Silver Price Analysis: XAG/USD continues to dive and briefly printed below $25
August 11, 2020 07:35 GMT | By Rajan Dhall, MSTA
Silver Price Analysis: XAG/USD continues to dive and briefly printed below $25
Silver is trading 13.7% lower on Tuesday as the rout on precious metals continues.
USD 25 per troy ounce could be an important support level to watch.

Gold prices dropped, holding physical gold as stock also loss.
Gold prices up, holding physical gold as stock also earned profit as gold in retail store is in market price.

Gold Price News and Forecast: XAU/USD prices collapse to $1,910 as huge profit-taking kicks-in

Gold Price Analysis: XAU/USD retraces biggest losses in seven years above $1,900
August 11, 2020 10:53 GMT | By Anil Panchal
Gold Price Analysis: XAU/USD retraces biggest losses in seven years above $1,900
Gold prices carry bounce off $1,901.52, the lowest in two weeks.

Gold Price Analysis: XAU/USD retraces biggest losses in seven years above $1,900
August 11, 2020 10:53 GMT | By Anil Panchal
Gold Price Analysis: XAU/USD retraces biggest losses in seven years above $1,900
Gold prices carry bounce off $1,901.52, the lowest in two weeks.
US dollar gains, mixed sentiment triggered the bullion’s biggest daily slump since April 2013.

Safe haven is sinking. The ship carried safe haven also sinking. Run for your life.