Gold closed at its highest level since March 11 as the United States announced new sanctions against Russia for its invasion of Ukraine and investors watched the increasingly hawkish monetary policy statements of the Federal Reserve, which show will to raise interest rates. “Yellow metal prices have clearly moved higher, as investment risk aversion remains […]
Tag: nickel
Nickel: Fourth consecutive limit down in London
Nickel prices at the London Metal Exchange (LME) fell to the level of daily fluctuations, for the fourth consecutive day of trading after the explosive jump that had led to the suspension of trading in the metal. In particular, shortly after the opening of today’s trading, the price of nickel futures fell by 15% (limit […]
New drop for nickel at the limit down
Nickel fell to the limit down for the third consecutive session in London, as prices continue to fall after last week’s unprecedented short squeeze, when the price rally forced investors who had adopted falling positions to close these positions immediately, proceeding in hasty markets. Nickel fell 12 percent to a daily high of $ 36,915 […]
Nickelio: It opened but … its trading in London stopped again – It is falling 5%
LAST UPDATE: 11.17 The nickel trading on the London Stock Exchange (LME) resumed on Wednesday morning, eight days after the closure of trading, with the price of the metal immediately falling by 5%, which allows the new limit set at trading , and the negotiation to be interrupted again, this time for “technical reasons” related […]
Who was frightened by the nickel explosion at $ 100,000 a ton?
By Alan Ohnsman For more than a year now, automakers have been struggling to cope with chip shortages – a crisis that shows no signs of de-escalating – and to keep production levels low. Following the Russian invasion of Ukraine, which pushed up oil prices for many years, the industry faces another hurdle in increasing […]
Nickel at stratospheric levels – Temporarily Exceeds $ 100,000 per tonne
Nickel has temporarily jumped to more than $ 100,000 a tonne in London amid pressure from those holding short positions, including a Chinese bank. The material, which is used in stainless steel and electric car batteries, has even been reinforced. 111%στα $ 101,365 the tone, having closed on Monday with an increase of 66%. At […]
Nickel in the ‘stratosphere’ – Exceeded $ 100,000 per tonne, trading in London stopped
LAST UPDATE: 10.52 Nickel temporarily jumped to more than $ 100,000 a tonne in London amid a shortfall in those holding short positions, including a Chinese bank, with the London Stock Exchange (LME) suspending trading, at least for Tuesday. as various brokers were unable to cover the cost of margin calls. The material, which is […]
Nickel: Trading in London halted after 250% jump in two days
LAST UPDATE: 11.51 The London Stock Exchange (LME) has suspended trading in nickel after a historically unprecedented price spike that has left many brokers unable to cover margin calls against loss-making short positions, in an overwhelming compression that has overwhelmed nickel in the world, as well as a large Chinese bank. Nickel, used in stainless […]
Historical jump of 62% for nickel
Nickel jumped to 62% today in one of the most extreme price movements the London Metal Exchange has ever seen, as fears for supplies from Russia intensify, according to Bloomberg. Nickel was found to earn more than $ 17,000, climbing to a nearly 15-year high of more than $ 46,000 a tonne. This is the […]
Nickel in the ‘heavens’ – Jump + 30%, over $ 37,000 a ton
A 30% jump – the second largest intra-conference in its history – marks the nickel, as those who held short positions in this metal liquidate their positions, amid fears of a reduction in supply from Russia. The metal, which is used in stainless steel and lithium-ion batteries, adds $ 8,000 to $ 37,000 a ton […]