Report
Roger Bade
EUR 57.00 For Business Accounts Only

Sector Overview

Gold mainly lost its New York opening jump which followed encouraging consumer prices data. The gold price is currently a little firmer at just over US$1,285 per ounce ($/oz); silver is up five cents/oz at $17.15/oz; platinum lost a couple at $980/oz and palladium has slipped by more than $5/oz to just under $985/oz. The local gold price has lost more than £5/oz to just below £985/oz, as sterling gained against the US dollar.

Base metals prices are mixed, with lead & zinc unchanged at US$1.055 per pound ($/lb.) and $1.315/lb. respectively; copper has gained one and a half cents/lb. to $2.985/lb. on news of a power outage in Zambia; nickel slipped five cents/lb. to $4.80/lb. and aluminium has gained half a cent/lb. to 92 cents/lb.

Iron ore and the usual suspects have recovered a bit with shares in Fortescue Metals (FMG-ASX) up 1.7%, Rio Tinto (RIO) 0.7% and BHP Billiton (BLT) 0.4%.
Underlying
Anglo Asian Mining PLC

Anglo Asian Mining's principal activity is that of a holding Co. and a provider of support and management services to its main operating subsidiary R.V. Investment Group Services. Co., together with its subsidiaries (the Group), owns and operates gold, silver and copper producing properties in the Republic of Azerbaijan. It also explores for and develops other potential gold and copper deposits in Azerbaijan. The Group's primary operating site is Gedabek, which is the location of the Group's main gold, silver and copper open pit mine and Gadir, an underground mine.

Provider
Whitman Howard
Whitman Howard

Whitman Howard is an independent institutional stockbroking and investment banking business focused on servicing the needs of our corporate clients and institutional investor base.

The company began trading in 2011 with a team of highly experienced market professionals and the goal of building a leading capital markets business in an entrepreneurial environment.

Analysts
Roger Bade

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