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Gold Price Forecast: XAU/USD approaches resistance at $3,340
Gold (XAU/USD) has reversed course durub¡ng the European trading session on Tuesday, and is showing moderate gains, approaching resistance at $3,340 as the Dollar gives away gains with optimism about the outcome of the US-China meeting wearing off.seemsA mild enthusiasm on the back of the positive cFxstreet
Tue, Jun 10
China’s Central Bank adds more Gold in May – ING
China’s central bank added Gold to its reserves for a seventh consecutive month in May. The People’s Bank of China added 60,000 troy ounces of Gold to its reserves last month, taking the total to 73.83 million troy ounces, ING's commodity experts Ewa Manthey and Warren Patterson note.Fxstreet
Tue, Jun 10
METALS-London copper prices ease, US-China talks in focus
By Hongmei Li SINGAPORE, June 10 (Reuters) - London copper prices slid on Tuesday, with the market closely watching the progress made in the ongoing trade talks between the world's two largest economies in London for a price direction.The three-month copper on the London Metal Exchange CMCU3 ...Reuters
Tue, Jun 10
EUROPE GAS-Prices down on higher temperatures
LONDON, June 10 (Reuters) - Dutch and British wholesale gas prices edged lower on Tuesday morning as higher temperatures curbed gas demand and supply remained steady.The benchmark Dutch front-month contract at the TTF hub TRNLTTFMc1 was down 0.68 euro at 34.88 euros per megawatt hour (MWh) or $11.6...Reuters
Tue, Jun 10
WTI hovers around $64.50, upside appears as potential US-China deal improves energy demand
West Texas Intermediate (WTI) Oil price remains steady at around $64.50 per barrel at the time of writing. Crude Oil prices may continue their winning streak for the fourth successive day, as potential trade deal between the US and China eases tariff tensions, which dampened energy demands.
Fxstreet
Tue, Jun 10
Silver Price Forecast: XAG/USD retreats from multi-week peak, slides below mid-$36.00s
Silver (XAG/USD) sticks to modest intraday losses through the early European session on Tuesday and for now, seems to have snapped a three-day winning streak to the $37.00 neighborhood, or its highest level since February 2012.Fxstreet
Tue, Jun 10
Plane with five aboard missing in Siberia, Russia says
June 10 (Reuters) - A plane with five people aboard, including two pilots, went missing in the deep forests of Siberia on Tuesday, Russia's civil aviation authority Rosaviatsia said. The Antonov An-2, a Soviet mass-produced single-engine biplane aircraft widely used for agricultural and forestry...Reuters
Tue, Jun 10
RPT-EXCLUSIVE-Hyundai Motor has a rare earths stockpile that can last about a year, source says
Automaker told investors it expects no near-term rare earths-related disruptions-sourceHyundai managed to boost rare earths inventory recently when China export curbs relaxed slightly-sourceAutomaker also holds about a one-year inventory of rare earths-related magnets-sourceBy Heekyong Yang SEOUL...Reuters
Tue, Jun 10
Israel set to deport Greta Thunberg, other activists, ministry says
Israel looks to swiftly deport 12-strong crew of charity boatIsrael's navy had prevented boat from breaking Gaza blockadeVessel aimed to deliver aid, raise awareness of Gaza crisis JERUSALEM, June 10 (Reuters) - Greta Thunberg and other pro-Palestinian activists have been taken to Tel Aviv ai...Reuters
Tue, Jun 10
Macquarie's $3.6 billion S. Korean gas firm draws interest from KKR, Brookfield and industry peers, sources say
By Kane Wu and Yantoultra NguiHONG KONG/SINGAPORE, June 10 (Reuters) - Potential bidders for Macquarie Asset Management's South Korean industrial gas firm DIG Airgas include investment firm KKR & Co KKR.N, Brookfield Asset Management BAM.TO, and French gas supplier Air Liquide AIRP.PA, in a ...Reuters
Tue, Jun 10
BREAKINGVIEWS-China's rare-earth lever is best used carefully
By Robyn Mak HONG KONG, June 10 (Reuters Breakingviews) - In poker, it is easy to overplay a hand by being too aggressive. China's negotiators face a similar temptation in London this week in trade talks with U.S. officials, who have signalled that Washington would ease chip export controls o...Reuters
Tue, Jun 10
COLUMN-No rush for US energy as Asia's imports slip under Trump: Russell
By Clyde Russell LAUNCESTON, Australia, June 10 (Reuters) - Asian countries aren't rushing to buy U.S. energy commodities, even though lifting imports of crude oil, liquefied natural gas and coal will help meet President Donald Trump's demand for lower trade surpluses.While rare earths ma...Reuters
Tue, Jun 10
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