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News // Metal market

Chelyabinsk Metallurgical Plant export project wins state support

The Expert Council of Russia’s Industry and Trade Ministry’s Industrial Development Fund approved a loan for Mechel’s Chelyabinsk metallurgical plant.

17 April 2017 , 17:38Neftegaz.RU2220

Gold holds near record

Gold ticked lower on Tuesday as speculators booked profits after sending the price to another record, but worries over Europe's sovereign debt problems and speculation the U.S. Fed will extend monetary easing helped cushion the fall

07 December 2010 , 08:35Reuters16080

Gold ticks higher

Gold gained on Friday to hold near its strongest in almost three weeks as bargain hunting
helped the metal defy a rebound in the euro, waning Europe debt concerns and upbeat U.S. data

03 December 2010 , 08:15Reuters16440

Gold near 2-week high

Gold held near its highest in more than two weeks on Wednesday as growing fears about Portugal's debt pummeled the euro, sending bullion priced in the single currency to a record high

01 December 2010 , 09:13Reuters22010

Gold on course for 4th straight month of gains

Spot gold was steady on Tuesday, aided by physical buying, while investors continued to watch the progress in tackling the euro zone's debt problems and tension on the Korean peninsula for trading cues

30 November 2010 , 17:20Reuters15390

Gold bounces from lows

Gold rebounded on Monday after an early drop spurred buying from jewellers in Asia, but further gains could be limited by a rally in the U.S. dollar amid persistent euro zone debt concerns

29 November 2010 , 11:37Reuters22490

Gold steady

Gold was steady on Friday, trading just shy of $1,400 a ounce, underpinned by anxiety of Europe's debt situation and geo-political tensions in Asia

26 November 2010 , 08:2216360

Gold steady on renewed worries over Ireland

Gold prices were steady on Tuesday, supported by safe-haven demand spurred by renewed
worries over Ireland's political stability, and liquidity is set to thin as the U.S. Thanksgiving holiday approaches

23 November 2010 , 09:28Reuters16200

Gold tracks euro higher

Gold ticked higher on Monday as the euro gained after Ireland's rescue deal, helping the metal resist pressure from China's move to tighten its economy

22 November 2010 , 10:21Reuters15380

Gold rises as U.S. inflation data weighs on dollar

Gold rose more than one percent on Thursday, buoyed by a pause in a dollar rally after soft U.S. inflation, while short-covering buying also helped

18 November 2010 , 23:18Reuters15750

Gold lower on strong dollar

Gold edged lower on Wednesday, as mounting fears over Ireland's fiscal health sparked a strong rally in the dollar, pressuring bullion, while worries about China tightening monetary policy weighed on sentiment

17 November 2010 , 13:30Reuters15430

Gold steady

Gold was steady on Tuesday as investors continued to watch the progress of the euro zone debt
crisis, with a margin hike at CME weighing on sentiment

16 November 2010 , 12:26Reuters14540

Kazakhstan's KazakhGold in talks with Asaubayevs

Kazakhstan's KazakhGold, a subsidiary of Polyus Gold, one of Russia's leading gold producers, has officially confirmed that it is in talks with KazakhGold's previous owners, the Asaubayev family, to solve the conflict between the companies and the Asaubayev family, KazakhGold said on Friday

15 November 2010 , 11:29RIA Novosti19750

Gold steady

Gold prices were steady on Monday, after the sharpest fall in four months in the previous
session, as inflation concerns and sovereign debt issues in Europe offered support

15 November 2010 , 11:22Reuters21670

Gold falls on rising dollar

Gold fell over one percent on Friday in a broad retreat triggered by a stronger dollar, talk
about euro zone sovereign debt at the Seoul G20 summit and speculation China may again hike interest rates to tame inflation

12 November 2010 , 08:41Reuters15550

Euro down again, gold at record pre G20

The euro extended its losses on Tuesday on renewed concerns about high sovereign debt in the euro zone, providing further respite for the dollar and prompting some profit-taking in stocks

09 November 2010 , 12:20Reuters15900

Petropavlovsk group third quarter gold output up 12 pct

London-listed Petropavlovsk group, which unites gold and mining assets in Russia, has increased its third quarter gold production 12 percent year-on-year to 138,300 ounces

08 November 2010 , 11:37RIA Novosti15590

Gold Prices May Rise

Gold prices may rise in London as a decline in the value of the dollar supports investment demand

28 October 2010 , 16:21Bloomberg16710

Polyus Gold & KazakhGold Merger Cancelled

Polyus Gold said Tuesday that it canceled a planned merger with KazakhGold Group that would have given it a main London listing, amid shareholder conflicts, a lawsuit and a criminal investigation

28 October 2010 , 15:27The Moscow Times20400

Gold steady ahead of Fed move

Gold was steady on Tuesday as investors turned focus on expectations of more monetary easing by the Federal Reserve, and physical buyers were on the sidelines awaiting a clear direction on prices

26 October 2010 , 11:06Reuters16020

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