Price gains for gold, silver on short covering, value buying

Gold and silver prices are moderately higher in early U.S. trading Monday, on some short covering by the shorter-term futures traders and some perceived value buying buy traders in the cash market. April gold futures were last up $8.90 at $1,728.80 and May Comex silver was last up $0.254 at $26.165 an ounce.

Copper price rises on demand hopes

Copper futures advanced in London and New York on Wednesday on hopes of rising demand, but prices in Shanghai fell on fears of policy tightening by top consumer China.

Gold, silver rebound as bond yields, USDX retreat

Gold and silver prices are solidly higher early today amid falling bond yields and weaker U.S. dollar index on this day, but mostly on corrective, short-covering bounces after gold hit a 10-month low on Monday.

Copper price up as Chinese imports surge

Copper price was up again on Monday as customs data showed China’s imports rose 4.7% for the first two months of 2021 from a year earlier, indicating stronger demand for the metal.

Green revolution gets more expensive as copper price surges

Look just beneath the surface of many of the technologies powering the energy transition and there’s a red metallic glint. Copper is a vital part of green infrastructure from grids to wind turbines, and a recent price surge threatens to make decarbonization more costly.