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UPDATE 2-Vesuvius expects lower revenue in 2013, cuts 8 pct jobs
Metals News - Mar 21 2013 08:01AM
Vesuvius Plc, a maker ofceramic moulds and linings for steelmakers and foundries,forecast lower revenue for 2013 and cut 850 jobs, or 8 percentof its workforce, as it expects weakness in the steel market ...
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PRECIOUS-Gold firms on Fed's QE pledge, Cyprus uncertainty
Metals News - Mar 21 2013 07:28AM
* Fed upholds aggressive monetary policy * Euro, European shares fall on Cyprus uncertainty * Coming up: U.S. weekly jobless claims; 1230 GMT (Updates throughout, changes dateline from SINGAPORE) By Clara ...
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SocGen cuts gold, raises Brent crude price forecasts for 2013
Metals News - Mar 21 2013 00:28AM
REUTERS - Societe Generale on Wednesday cut its 2013 price forecasts for gold and silver among precious metals, and aluminium and copper among base metals in its latest Commodities Review note. The bank ...
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PRECIOUS-Gold's upward momentum cools as Cyprus fear ebbs
Metals News - Mar 21 2013 00:18AM
* Fed upholds aggressive monetary policy * Spot gold targets $1,626/oz - technicals * Coming up: U.S. weekly jobless claims; 1230 GMT (Adds quotes; updates prices) By Rujun Shen SINGAPORE, March 21 (Reuters) ...
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PRECIOUS-Gold stays put as Fed sticks with stimulus
Metals News - Mar 20 2013 21:18PM
SINGAPORE, March 21 (Reuters) - Gold traded little changedon Thursday, after snapping four days of gains in the previoussession as the Federal Reserve's pledge to stick with itsbond-buying programme offset ...
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PRECIOUS-Gold slips after Fed maintains policy, euro rise supports
Metals News - Mar 20 2013 16:30PM
* Fed says maintains security purchases, low interest rates * Fed extends forecast for first rate hike to 2015 from 2013 * Euro gains on the dollar after Fed statement * SPDR holdings post first inflows ...
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PRECIOUS-Gold eases from 3-week high as Cyprus concern ebbs
Metals News - Mar 20 2013 11:38AM
* Euro, shares rise on hopes deal for Cyprus will emerge * SPDR holdings see first inflows since early February * Coming up: U.S. Fed policy decision; 1800 GMT (Updates prices, adds comments) By Clara ...
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PRECIOUS-Gold eases from 3-week high as investors watch Cyprus
Metals News - Mar 20 2013 07:04AM
* Cyprus leaders try to secure loan deal with Russia * SPDR holdings see first inflows since early February * Coming up: U.S. Fed policy decision; 1800 GMT (Updates throughout, changes dateline from SINGAPORE) ...
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PRECIOUS-Gold holds near 3-week high on Cyprus crisis
Metals News - Mar 19 2013 20:41PM
SINGAPORE, March 20 (Reuters) - Gold traded steady onWednesday, holding near a three-week high as Cyprus's rejectionof bailout terms triggered worries about a default, underpinningsafe haven demand in ...
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PRECIOUS-Gold holds firm after Cyprus parliament rejects tax
Metals News - Mar 19 2013 16:34PM
* Gold eases off 3-wk high at $1,615.16/oz after Cyprus vote * SPDR Gold Trust posts biggest daily loss in nearly a month * European car sales drop 10 pct in February, hurtingplatinum * Coming up: FOMC ...
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