Gold prices inched higher on Wednesday but remained stuck around the $1,730 level as investors awaited a key reading on inflationary pressures in June. The yellow metal had settled higher Read more
Tag: basic materials
Good money after bad: Four charged in cold-call diamond sale scheme prosecutors say was a dazzling scam
It was a pitch designed to dazzle: turn a small investment in pink diamonds into big bucks by getting ahead of a major buyer trying to corner the market. But Read more
These high-yield stocks are down as much as 58% this year. But their inflation-fighting dividends have room to grow.
It’s that time again — the monthly consumer-inflation report will be released July 13, and the numbers are expected to be ugly. If you are an investor who wants current Read more
Broadcom loses top software exec in the middle of VMware deal
Broadcom Inc.’s head of software Tom Krause is leaving the company in the middle of a $61 billion software acquisition he helped bring about, which analysts called “a surprise” and Read more
Opinion: Back off guys, President Biden made a good choice
I was recently forwarded an article “Senate Urged to Block Biden’s Pro-Privatization Nominee from Social Security Board.” One critic, cited in the article, characterized it as a “terrible nomination.” Who, Read more
Apple is not buying this Russian-sourced metal — but here’s why many companies may still be using them
Apple Inc.’s decision to end imports of tungsten from Russia sets an example to other major U.S. corporations in this challenging geopolitical climate, according to Lewis Black, CEO of tungsten Read more
Gold prices stabilize after falling to 2-year low
Gold prices were roughly flat Friday ahead of the U.S. jobs report data for June, which is set to be released at 8:30 a.m. on Friday. Price action Gold futures Read more
Copper prices trade near a 2-year low, but may not have hit bottom yet
Copper prices saw their biggest quarterly percentage decline in more than a decade and recently traded at their lowest level since November 2020, but the metal may still have room to Read more
Turkey just disclosed the second-largest reserve of rare earth — but its value is still up in the air
The world’s second-largest rare earth reserve has been discovered in Turkey, officials say, but experts warn that turning rare earth deposits into financial success is easier said than done. The Read more
Gold steadies after longest losing streak in more than 3 years
Gold prices traded slightly higher on Thursday and may snap a 7-day losing streak, the longest string of losses for the yellow metal in more than three years. Price action Read more