Daily FNArena News - Commodities

An advisory panel has recommended the IMF sell 400t of physical gold to offset its losses, but there won’t be any price collapse.

Davos: Western mining companies have held a secret meeting to discuss ways to head off China’s resource deals in Africa. Bring in the UN?

There are rumblings in Davos, and it’s not from too much chocolate. China is moving quickly to secure Africa’s natural resources, and the world is worried.

News broke last week that the IMF would change the rules to stop central banks’ manipulation of gold reserves through gold lending. This should be very bullish for gold, but the IMF is promising nothing yet.

Spot uranium won’t move as ongoing uncertainty about Cigar Lake keeps buyers and sellers at a significant distance from each other.

An excellent reporting season might be the last of it for nickel and aluminium stocks, Merrill Lynch warns.

Oil is back and while it may not necessarily last very long (opinions remain divided) at least one broker is seeing some opportunities.

What happens when buyers cannot find sellers? The U3O8 spot price remains unchanged. Cameco’s update in three weeks is bound to break the impasse.

At least one respected US economist sees the oil price collapse continuing, and you can throw in gold and other commodities as well.

The uranium spot price hasn’t moved in three weeks now.