Zinc Rallies on Economic Optimism
Strong evidence that the world’s economies will weather the current storm resulted in zinc having one of its most positive weeks, in terms of price gains.
Articles Tagged "investing in zinc"
Zinc Boosted by Fed Stimulus
Zinc prices traded marginally higher Thursday, as part of an overall optimism in the markets that the new Fed stimulus plan will stoke the U.S. economy’s recovery.
Zinc Slips ahead of Economic Data
The base metals’ complex started the week in negative territory- pushed lower over pessimism in the US markets. Zinc for delivery within three months slipped 0.7 percent to $2,214 per tonne on the LME.
Zinc Hits Four Month High
Zinc hit a four month high in early trading as economic data out of the world’s two largest economies, the United States and China, bolstered overall market sentiment.
Zinc Surplus Keeps a Lid on Prices
Zinc has been the metal to witness the biggest gains over the past month, rising 5.5 percent to beat out counterparts copper, aluminum, and nickel.
Fed announcement spurs zinc, bypasses lead
By Leia Michele Toovey- Exclusive to Zinc Investing News The Fed’s announcement to purchase treasuries sent lead and zinc on their largest ascent in two months. Fed officials voted on March 18 to buy Treasury and mortgage bonds in an effort to revive America’s economy, lifting stocks as well as commodities. Copper, zinc and aluminum [...]
China to force out lead and zinc juniors?
By Leia Michele Toovey-Exclusive to Zinc Investing News Chinese lead and zinc refineries are interested in integration and expansion, but not mergers or acquisitions. The Chinese government showed its support by providing a plan to encourage the non-ferrous industries to restructure and integrate. The government has also mentioned that it wants to support the industry’s [...]
