Risks to global demand contributed to a decline in copper prices this year, but the value of the industrial metal may have fallen too far, as supplies look to remain Read more
Tag: Non-ferrous Metals Markets
Gold prices post their highest finish in almost 4 weeks
Gold futures on Monday scored a second consecutive session gain to finish at their highest price in nearly four weeks. Copper futures, meanwhile, retreated following sharp gains late last week Read more
What happens if more buyers refuse metals like aluminum from Russia? The LME doesn’t want to find out
Speculation that the U.S. is considering a ban on aluminum from Russia contributed to a brief spike in prices for the metal a week ago, but some consumers have already Read more
Gold, silver end lower after September jobs report, but log back-to-back weekly gains
Gold and silver futures finished lower on Friday following the U.S. September jobs report that still shows signs of rising inflation, but prices for both metals held onto gains for Read more
Pelosi’s visit to Taiwan rattles global copper markets, but slowing growth in China still the bigger worry
Copper prices fell for the third straight day on Wednesday as tensions between the U.S. and China flared as House Speaker Nancy Pelosi wrapped up her visit to Taiwan, an Read more
Copper prices trade near a 2-year low, but may not have hit bottom yet
Copper prices saw their biggest quarterly percentage decline in more than a decade and recently traded at their lowest level since November 2020, but the metal may still have room to Read more
‘Dr. Copper’ doesn’t deserve that Ph.D in economics
CHAPEL HILL, N.C. – I wouldn’t lose any sleep over “Dr. Copper’s” dire prognosis about the economy and stock market. Many investors believe the metal has earned a Ph.D. in Read more
With prices skirting a 17-month low, Dr Copper’s prognosis about the global economy is downbeat
Dr Copper has graded the global economy, and noted: “must do better.” The red metal is wryly considered by commodity watchers to hold a Ph.D in economics, because its use Read more