Gold likely range-bound in short term – Fitch

The price of gold is not expected to move too much in the short term, at least until the next real shift in global markets, Fitch Ratings said on Wednesday. In a report on the outlook for the yellow metal, Fitch analysts predict that, while the...

RBC cautious on base metals, bulk commodity stock outlooks

Equity researcher RBC Capital Markets on Tuesday recommended that investors in the mining sector “exercise caution in an extended economic recession”. RBC was cautious on base metals and bulk commodity stock outlooks, in an environment where...

Base-metals demand could pick up in H2 – Fitch

Although growth in the global base-metals sector was expected to slow over the next 12 months, ratings agency Fitch Ratings stated that improvement in credit availability and implementation of fiscal stimulus programmes could result in stronger...