metal

Tesla Shares Edge Lower After Musk Drops Two Car Colors

Tesla Shares Edge Lower After Musk Drops Two Car Colors

Tesla Inc. (NASDAQ: TSLA) shares edged lower on Tuesday after Chief Executive Officer Elon Musk tweeted late Monday night that the Company will have two of its vehicle color options at a special request for a higher price.“Moving 2 of 7 Tesla ..

Schnitzer Steel Industries Release Financial Report for the Third Quarter

Schnitzer Steel Industries Release Financial Report for the Third Quarter

On Tuesday, Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) announced its financial results for the third quarter of fiscal 2018.Revenue for the company was $530 million, increasing 37.7% from $385 million for the same period last year. Total profit..

Gold prices rise higher as Dollar Weakens

Gold prices rise higher as Dollar Weakens

Gold prices were traded higher on Monday due to a weak U.S. dollar.Spot gold rose 1.36 percent to $1,338.01 an ounce during Tuesday’s trading session, while U.S. gold futures for April delivery gained 1.33 percent to $1,333.50.DXY US dollar Cu..

Gold Posted Biggest Weekly Loss This Year

Gold Posted Biggest Weekly Loss This Year

Gold price was traded lower on Friday due to a strong U.S. dollar.Spot gold fell 0.2 percent at $1,329.23 during Friday’s trading session. While U.S. Gold future for April delivery was traded 0.12 percent lower to $1,331.10 per ounce.This is t..

Asian Stocks Start the Year with a Bang, Hang Seng Climbs Up 1.5 Percent

Asian Stocks Start the Year with a Bang, Hang Seng Climbs Up 1.5 Percent

The first trade session of 2018 was boosted by the strong performance of Asian indexes. At the same time, the dollar continued to stay on the rear foot and touched its minimum in the last three months.  The S&P/ASX 200 dropped down and trad..

Copper Price Rises to 3.5-Year High

Copper Price Rises to 3.5-Year High

Copper prices on Wednesday surged to its highest level since July 2014 after China’s top copper producer was asked to halt production due to pollution issue.Benchmark copper on the London Metal Exchange hit a high of $7,210 a metric ton, its h..