The share price of small-cap iron, gold and base metal explorer, Meteoric Resources [ASX:MEI] are up a hefty 36.84%, or 0.7 cents this morning to trade at 2.6 cents per share. Today’s rise marks the first day of trading in MEI shares in nearly three weeks as the explorer remained in a trading halt pending […]
ASX Commodity Trading News and Analysis - Latest Updates
Australia is one of the world’s biggest commodity producers in the world so it makes sense to wonder how one can invest in commodities and what the best commodity shares are.
Investing in commodities entails purchasing securities with exposure to an interchangeable basic good or raw material like gold, oil, natural gas, iron ore, aluminium, copper, wheat, soybeans and so on.
Too Cheap to Ignore: Investing Opportunities in the Australian Market
There’s no question when it comes to the biggest investing opportunities on the Australian market, you can’t go past our resources sector. From small-cap punts to mid-cap explorers, and of course, the big players like BHP and Rio Tinto…
Liontown Resources Share Price Continues to Plummet (ASX:LTR)
The share price of battery metals explorer and developer Liontown Resources Ltd [ASX:LTR] has dropped for the second day in a row following its investor presentation. Today’s loss of 12.5% or 1.5 cents per share comes on the back of LTR’s official addition…
Newcrest Mining Share Price Up as It Targets Development at Havieron
The share price of Australian gold mining giant Newcrest Mining Ltd [ASX:NCM] is up 5.35% or $1.52 this morning, thanks to news from its Havieron and Red Chris projects. The price of gold also pushed higher overnight to rally 1.45% to US$1,746 per ounce. NCM is targeting the start of development at its Havieron project […]
Gold Price Steadies, Dollar Weakening Ahead of Fed Meeting
At time of writing, the gold price in AUD terms is holding its ground at $2,460 after pushing beyond support at $2,475. You can see the recent selling is registering in a downtrend for its 20- and 50-day moving averages below: Source: tradingview.com We take a quick look at what’s happening with the US dollar […]
Musgrave Minerals’ Share Price Soars on High-Grade Gold Find
Shares of Western Australian-based gold and silver explorer Musgrave Minerals Ltd [ASX:MGV] are up 36% at time of writing, thanks to some very high-grade gold finds. Today, the explorer announced the latest results from its drilling program at its flagship Cue Gold Project in WA. This morning’s announcement follows strong previous drilling results targeting the […]