metal

Alcoa Corp (NYSE: AA) is poised to benefit from its meaningful leverage to higher commodity prices, according to Goldman Sachs. The Alcoa Analyst: Emily Chieng upgraded the rating for Alcoa from Sell to Buy, while raising the price target from $19 to $32. The Alcoa Thesis: The Sell rating was based...

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) will impose new economic sanctions against 17 Iranian metal producers and mining companies in the aftermath of a recent missile attack against American military forces in Iraq. The sanctions also target a network of three China...

Goldman Sachs initiated bullish coverage on the metals and mining space, but the firm said investors still need to be selective about which stocks to buy. The Analyst Goldman analyst Matthew Korn set the following ratings and price targets for metals and mining stocks: Initiated Freeport-...

Though it is still in the doldrums relative to other currency exchange-traded funds, the PowerShares DB US Dollar Index Bullish Fund (NYSE: UUP) has perked up in recent sessions. The dollar's awakening, albeit modest, is pressuring commodities and the related ETFs, including silver funds. The...

Commodities markets are aflutter over the recent strength in copper. With the red industrial metal residing at its highest levels in two years and breaking out on the charts, the widely followed iPath Bloomberg Copper Subindex Total Return Sub-Index ETN (NYSE: JJC) is up nearly 7 percent over the...

The price of gold was back above $1,300 an ounce on Friday, and at the highest level in three months, as money flies into the beaten-down precious metal. Over the last seven weeks the SPDR Gold ETF (NYSE: GLD) is up 11 percent, and is also trading at a new three-month high. While that may sound...