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Gold drops for fifth month amid a rally in dollar, stocks

Gold is set for a fifth straight monthly decline, the longest losing run in half a decade, hit by a strengthening dollar and U.S....

Copper’s weakness a worrying signal for global growth

LONDON -- The plunge in the price of copper by more than 20% since the beginning of June has worried analysts who see it as a bad signal for the global economy.

Gold puts up a fight as selloff slows near key $1,200...

Gold is showing resistance near $1,200 an ounce, suggesting prices are for now finding a floor near a one-year low. Since last week, the metal’s...

Gold may hit $1,300 by end of year, ICBC says

Gold’s plunge to the lowest level in more than a year may be close to ending, and prices could climb back to $1,300 by...

Gold heading for fourth monthly drop as bears take command

Gold is heading for a fourth monthly decline, the longest streak since 2013, as investors favor the dollar and pessimism on the metal grows. Bullion...

Top-grade iron ore may spike to $100

High-grade iron ore may spike to $100 a metric ton as China intensifies a clampdown on pollution by restraining industrial activity, adding further momentum...

Steel drops most since March as metals tumble on trade war...

Steel and iron ore plunged the most since March on escalating fears over a global trade war as China vowed to retaliate after President...

Philex Mining net income drops on lower production

Philex Mining Corp. reported a 24% drop in its first quarter core net income to P346 million from P458 million from the same period...

Marcventures posts revenue growth on higher nickel ore shipments

Listed company Marcventures Holdings Inc. said its mining subsidiary Marcventures Mining & Development Corp. (MMDC) saw an increase in revenue last year due to...

Aluminum prices plunge as US softens position on Rusal

The U.S. softened its position on sanctions against Russia’s United Co. Rusal, sparking a plunge in aluminum prices. The U.S. Treasury said it would provide...

Apex Mining earnings surge 33% to P429 million on record production

Apex Mining Co., Inc. (APX) reported that its 2017 consolidated net income went up by 33% to P429 million from P322 million in 2016,...

What to watch in commodities: aluminum, Trump Vs Xi, copper, soy

We live in interesting times. Just as investors weigh up the U.S.-China trade punch-up, markets need to adjust to a whole new front. U.S....

Global Ferronickel unit sends first nickel ore shipment to China

Global Ferronickel Holdings, Inc. (FNI) said its subsidiary Platinum Group Metals Corp. (PGMC) already sent its first nickel ore shipment to China on Wednesday,...

Gold seen heading to $1,400 as `winnerless’ trade war escalates

Gold will surge to the highest level in five years if a global trade war breaks out, according to Rick Rule, chief executive officer...

Higher metals prices boost value of PHL output

THE Mines and Geosciences Bureau said the value of metals produced in the first half rose 4.27% from a year earlier, after miners obtained...