Sentences with phrase «gold contracts in»

Alex Thorndike, senior trader, precious metals and foreign exchange, MKS Capital Pty Ltd, said this was the largest increase in funds» short gold contracts in four weeks.

Meanwhile, hedge funds and money managers raised their net long position in COMEX gold contracts in the week to Jan. 30 to their highest level since late - September, U.S. Commodity Futures Trading Commission (CFTC) data showed on Friday.

One of the things they have done at the outset is to set up a Yuan - gold contract in the futures market in Shanghai, settled in physical gold.

Not exact matches

Shares in Perth technology company Empired have risen slightly on news of a contract with Barrick Gold.

Since October, they have dramatically ramped up their long positions in gold futures contracts.

«You come walking in the door and say, «I've got $ 10 million in contracted revenue with Class A Fortune 1000 companies,» you're gold.»

GR Engineering Services has won an $ 18 million contract for the refurbishment of processing facilities at Newcrest Mining's Telfer copper - gold mine in the Pilbara.

In a span of one minute, 21,256 gold futures contracts, equal to more than 2 million ounces, traded just before Federal Reserve Chair Janet Yellen addressed a gathering of policy makers in Jackson Hole, WyominIn a span of one minute, 21,256 gold futures contracts, equal to more than 2 million ounces, traded just before Federal Reserve Chair Janet Yellen addressed a gathering of policy makers in Jackson Hole, Wyominin Jackson Hole, Wyoming.

Power generation company Pacific Energy has won an eight - year contract extension to continue providing services at St Barbara's Gwalia gold mine in Leonora.

Power generation company Pacific Energy has won a contract to supply electricity to Doray Minerals» Deflector gold project in the Murchison region for an undisclosed sum.

Macmahon Holdings has won a contract at Newcrest Mining's Telfer gold project in the Pilbara, which is expected to bring in $ 62 million in annual revenue.

Watpac Civil & Mining has been awarded $ 89.3 million in contracts in the gold mining and road infrastructure sectors, with the largest being with Chinese - owned company Hanking Gold Mingold mining and road infrastructure sectors, with the largest being with Chinese - owned company Hanking Gold MinGold Mining.

Doray Minerals has awarded Maca a $ 14 million contract for open pit mining work at its Deflector gold project in the Murchison region.

Wesfarmers subsidiary EVOL LNG has won a contract to supply LNG to the power station at Doray Minerals» Deflector gold project in the Murchison region for an undisclosed sum.

Perth - based GR Engineering Services has won a $ 7 million contract for work at Eldorado Gold Corporation's Olympias project in Greece.

Doray Minerals has finalised a $ 51 million contract with GR Engineering Services for work at its Deflector gold project in the Murchison region, which is now fully funded and on - track for production by mid-2016.

Local engineering company Lycopodium has won a $ 68.5 million contract to build processing facilities at a gold mine in Senegal.

Mining services company Ausdrill has been named the preferred contractor for a $ US300 million ($ A415 million) contract at Kefi Minerals» Tulu Kapi gold project in Ethiopia.

Subiaco - based Perseus Mining has awarded engineering company Lycopodium a $ 38.4 million contract to carry out work at its Sissingue gold project in Cote D'Ivoire, Africa.

Perth - based Ausdrill has won a $ 157 million contract to provide mining services to Perseus Mining's Edikan gold mine in Ghana.

Mining contractor Byrnecut has won a contract to expand OZ Minerals» Prominent Hill copper - gold project in South Australia, with the work expected to cost about $ 12 million.

Perth - based contractor Macmahon Holdings has flagged a hit to its earnings for the year after terminating its contract in Nigeria and incurring losses at Newcrest Mining's Telfer gold mine in WA.

Forget bricks of bullion, he says, which would be dangerous to carry around in a disintegrating economy, and stay away from certificates that say you own gold or silver in some institutional vault, because those contracts could be rendered worthless.

The company sells most of its copper - gold concentrate under long - term contract to smelters in Japan, and sells its processed pure gold bullion to Asia's metal market.

After switching to predominately airleg mining in October 2017, when Blackham took over from contract miners, the average grade mined has increased to 8.1 g / t gold.

But when gold particles are mixed with elastic polymers, it «self - organizes» into chains, making the material conducive when expanded or contracted, according to a report in Wired.

Mining services company Ausdrill has secured three contract extensions, highlighted by a two - year, $ US108 million ($ 142 million) deal at the Iduapriem gold mine in Ghana.

In the meantime, it has contracts on more than 100 exploration properties, a quarter of which are in advanced stages, that represent significant untapped upside for Sandstorm GolIn the meantime, it has contracts on more than 100 exploration properties, a quarter of which are in advanced stages, that represent significant untapped upside for Sandstorm Golin advanced stages, that represent significant untapped upside for Sandstorm Gold.

No counterparty risk means that once you have physical gold in your possession, you don't depend on someone else to fulfill a contract or keep a promise for it to retain its value.

We'll take a big picture look at the gold market this week and the interplay between the market's players and price before finishing with an option play that could capitalize on multiple factors leading to increased volatility in the December gold futures contract.

South African miners including Anglo American agreed to pay $ 400m to settle a class action launched by former miners who contracted serious lung diseases working in the country's gold shafts.

In what is described as South Africa's largest class - action settlement, mining companies have agreed to resolve a lawsuit with gold miners who contracted lung diseases.

According to Kitco News, citing Commodity Futures Trading Commission (CFTC) data, money managers increased their speculative long positions in gold futures by 34,928 contracts to a total of 183,080 for the week ended March 27.

In fact, the pricing mechanisms that rule futures contracts, which in turn, establish real - world asset pricing, can be entirely disconnected from physical supply and demand determinants, especially in the paper gold and paper silver worlds of London and New YorIn fact, the pricing mechanisms that rule futures contracts, which in turn, establish real - world asset pricing, can be entirely disconnected from physical supply and demand determinants, especially in the paper gold and paper silver worlds of London and New Yorin turn, establish real - world asset pricing, can be entirely disconnected from physical supply and demand determinants, especially in the paper gold and paper silver worlds of London and New Yorin the paper gold and paper silver worlds of London and New York.

The sudden rise in settlement of Comex gold and silver futures contracts through the formerly obscure off - exchange mechanism of «exchange for physicals» is likely just increasing the supply of imaginary metal, the TF Metals Report's Craig Hemke writes today for Sprott Money.

However, the ratio of gold standing for delivery — the process by which a futures contract can be settled for physical gold rather than cash — rose exponentially into early December and has since fallen significantly but remains at historically high levels: The standard COMEX response would be that the overwhelming majority of futures contracts are simply rolled over at expiration into a future month or settled in cash.

Since the failure of MF Global in 2011, COMEX gold open interest dropped from a peak of 650,000 contracts to a range of 370,000 to 450,000.

hedger that has a right of offset in their client contracts with their gold bank.

Elsewhere in commodities, the February gold contract was up 40 cents at US$ 1,060.20 an ounce, but still ended the year weaker.

Presumably with the way in which the Abra smart contracts work mean that in future you might be able to transfer to other stores of value (thinking specifically of precious metals such as gold or silver) in order to hedge both crypto and fiat currency risk?

With gold now at $ 1,233.40 per ounce, that option is currently priced around $ 42.30 per ounce, meaning it would cost you $ 4,230 for a minimum purchase of a single June 2012 call option [The minimum purchase would be options on one 100 - ounce contract: The option priced at $ 42.30 per ounce x the 100 ounces in the contract = the $ 4,230 outlay].

In COMEX gold futures which also experienced a record one - week amount of nearly 55,000 contracts being sold by so - called commercial traders, or the equivalent of 5.5 million ounces, that works out to 20 full days of world gold mine production (275,000 oz per day).

Gold and silver bullion dealers can use hedging with futures contracts to protect themselves from large and unanticipated swings in precious metals prices.

In just one reporting week, more managed money contracts were bought and more commercial contracts were sold in COMEX silver and gold futures than ever in the more than 30 year history of the COT reporIn just one reporting week, more managed money contracts were bought and more commercial contracts were sold in COMEX silver and gold futures than ever in the more than 30 year history of the COT reporin COMEX silver and gold futures than ever in the more than 30 year history of the COT reporin the more than 30 year history of the COT report.

Over the past several years the prices of gold futures contracts have generally been very close to the spot price and there have been regular small dips in futures prices to below the spot price, but this situation is a natural and predictable effect of the Fed's unnatural zero - interest - rate policy.

Feel safe knowing you have real gold and silver you can hold in your hand not a paper contract or promise.

Elsewhere in commodities, the December gold contract lost $ 5.50 at $ 1,339.00 an ounce, the October natural gas contract gained three cents to US$ 3.00 per mmBTU, and the December copper contract increased two cents to US$ 3.15 a pound.

The previous two funds track the movement of gold in the form of futures contracts.

The exchange was essentially shut down, revamped and renamed ICE Futures Singapore, and launched in November 2015 with five contracts in brent crude, gasoil, gold and Renminbi futures, cleared at the exchange's renamed clearinghouse ICE Clear Singapore.

The volume of all contracts on the Shanghai Gold Exchange (SGE), including those in the city's free - trade zone, was 12,077 metric tons in just the 10 months to October, compared with 11,614 tons during all of 2013, according to data on the bourse's website.