Synchronous movement in industrial and monetary metals is indicating that markets are pricing both growth expectations and financial instability simultaneously, a late-cycle configuration that historically resolves through sharp, disruptive corrections.
For decades, the global economy has quietly relied on a small group of metals that most people have never heard of ~ cerium, neodymium, praseodymium, and others that make up the 17 so-called rare earth elements.
Iron ore accounts for 69 per cent of the country's total mineral production by value. The production of iron ore was 274 million metric tonne (MMT) for the full financial year 2023-24.
On Wednesday, gold on the international futures market COMEX was trading at $1,591.35 an ounce with a gain of $17.05 or 1.08 per cent in the February contract, while gold traded up on Comex to $1,612.95 per ounce during the previous trading, which is the highest after February 2013. On February 19, 2013 the gold rose to $1,617 an ounce.
Healthy buying in IT, metals and healthcare stocks pushed the key Indian equity indices higher during the mid-afternoon trade session…
The experience has been that metals, which are good conductors of electricity, are also good conductors of heat. And non-metals,…
