Fund managers have been reducing their exposure to copper as the market heads into what is normally a seasonally weak spot for demand.
Gold prices holding support above $1,800 an ounce following sharp 0.9% rise in U.S. Inflatio
The gold market is holding gains and support above $1,800 an ounce as U.S. inflation pressures see a significant rise in June.
Renewables get EU regulatory boost
The European Commission, European Union’s (EU) regulatory arm, has revised its renewable energy law to set targets for using sustainable fuels in transport, heating, and cooling.
Copper price rises as dollar retreats
Copper prices ticked up on Friday as the US dollar pulled back from a three-month high.
Gold price charts: Frank Holmes on metal’s golden cross
The gold price achieved a third consecutive week of increases as the yield on the 10-year Treasury dipped below 1.3% for the first time since February, writes US Global Investors CEO and CIO Frank Holmes in a blog post late last week.
Gold price near steady; fresh inputs awaited
Gold and silver prices are trading not too far from unchanged levels in early U.S. trading Friday.
Battery chain puts lithium’s green credentials under microscope
A group backed by German car-making giants Daimler AG and Volkswagen AG has started a study into the environmental impact of lithium mining in Chile, the second-largest supplier of the key ingredient in rechargeable batteries.
Gold prices holding gains following rise in U.S. weekly jobless claims
The gold market is holding on to solid gains but is not seeing much reaction to data that shows more American workers applied for first-time unemployment benefits than expected.
Copper supply gap to emerge in second half of the decade, new report says
After hitting a new record of $4.88 per lb. on May 10, LME cash copper prices are expected to average $4.20 per lb. in 2021 and $3.96 per lb. in 2022, according to the inaugural edition of Critical Metals for a Sustainable World, a new monthly publication by Capitalight Research.
Gold, silver posting price gains ahead of FOMC minutes
Gold and silver prices are higher in early U.S. trading Tuesday, ahead of the most important U.S. data point of the week: the Federal Reserve’s Open Market Committee minutes that are out at 2:00 p.m. EDT this afternoon.
Copper price up on hopes of stronger US metals demand
Copper prices advanced on Monday on hopes of stronger demand for metals after data showed an acceleration in hiring in the United States.
Price gains for gold, silver as outside markets bullish
Gold and silver prices are solidly higher in early U.S. trading Monday with the markets hitting nearly three-week highs.
Gold price boosted by recovery in central bank buying
Gold prices climbed higher on Monday as it appears that central banks have regained their appetite for buying bullion after staying on the sidelines for the past year.
Central banks are dipping into the gold market again
Central banks from Serbia to Thailand have been adding to gold holdings and Ghana recently announced plans for purchases.
Gold price in India swings to premium as easing restrictions lure buyers
Gold in India this week was being sold at a premium for the first time in more than two months as demand gained traction after curbs to combat the second wave of the coronavirus were slightly relaxed.
