Mosaic will halt production in its Tapira and Catalao phosphate mines in Brazil after the company was unable to reach an agreement with Brazil's National Mining Agency to extend operations of three dams.
U.S. Steel falls after Credit Suisse analyst Curt Woodworth downgrades the stock to underperform, citing a pending 'sheet-tsunami.'
After cooling on the sector last year, speculators socked almost $15 billion into commodities funds in the first quarter, according to a recent report.
A steep drop in aircraft orders in February helped to drive a larger-than-expected drop in durable goods orders. The orders fell by 1.6%, according to the Census Bureau, greater than the 0.8% drop projected by economists.
Gold hits new highs, could it go higher? Hear what Peter Hug, Global Trading Director of Kitco Metals has to say.
$2,000 is not an unrealistic target, says veteran trader.
When the central bank stops raising interest rates, prices for the yellow metal tend to rise, according to a new World Gold Council analysis.
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