In bonds, prices weakened and long - term yields rose significantly following the Fed move, while the dollar plunged and precious
metals prices soared.
Not exact matches
Prices on the London
Metal Exchange soared by a third, lifting the metal to its highest in nearly seven years, after the United States imposed sanctions this month against billionaire Oleg Deripaska and his company Rusal, the world's No. 2 aluminium prod
Metal Exchange
soared by a third, lifting the
metal to its highest in nearly seven years, after the United States imposed sanctions this month against billionaire Oleg Deripaska and his company Rusal, the world's No. 2 aluminium prod
metal to its highest in nearly seven years, after the United States imposed sanctions this month against billionaire Oleg Deripaska and his company Rusal, the world's No. 2 aluminium producer.
The announcement came just a week after Samsung SDI, South Korea's leading battery maker, unveiled plans to recycle cobalt from used mobile phones and develop lithium - ion batteries with minimum content of the
metal, or no cobalt at all, as a way to offset
soaring prices for the silver - grey commodity.
U.K. stocks finish at 10 - week high as
metals prices rally Shire
soars; pound seesaws as U.K. retail sales disappoint U.K. stocks end slightly higher on Thursday, boosted by gains for miners on the back of a rally in nickel and aluminum
prices.
Aluminum
soars 13 % this week as Russian producer gets hit with sanctions London
Metals Exchange, in rare move, echoes U.S. sanctionsIt has been up and away for aluminum
prices this week, as traders react to U.S. sanctions on Russia that extend to country's aluminum giant — United Company Rusal PLC..
Society is starting to buy
metals to hedge against the coming market collapse causing
metal prices to
soar over 250 % since 2008.
The asset's
price was
soaring, hitting $ 1,900 an ounce in September 2011 and gold bugs were predicting that the yellow
metal would continue to climb.
That's because when gold
prices soar, investors see silver as less of an industrial commodity and more as a precious
metal.
Sprott Asset Management in Toronto recently started up a molybdenum fund, which is Johnson's third - largest holding, and Johnson feels the
metal's
price will continue to
soar.
The
prices might continue to be in a constricted range in the coming few weeks looking at the selling trend of the investors who have purchased the precious
metal at a
soaring high
price.