Copper Prices Pull Back from Highs, Market Remains Cautious】On March 27, spot prices of #1 copper cathode against the SHFE copper 2504 contract were quoted at a discount of 60 yuan/mt to parity, with ...
[SMM Copper Morning Meeting Summary] News: (1) COMEX copper hit a record high as the market expects Trump to impose high import tariffs on copper. On Tuesday EST, COMEX copper futures rose more than 2 ...
Copper prices have risen in recent weeks after ... as the futures price ‘rolls down’ to the spot price. However, in backwardation, it can ‘roll up,’ and this shift can often drive investor ...
Copper, a key industrial metal that has yet to be included in Donald Trump's widening list of tariff-hit products, continues to rally on the assumption that it is just a matter of time, Saxo Bank said ...
Freeport-McMoRan is a leading global producer of copper, gold, and molybdenum ... it is still significantly lower than the current spot price of gold ($3,049/oz). Also, if I multiply the 350,000 ...
Spot gold fell 0.1% to $3,015.73/oz ... much earlier than a deadline of 270 days. Copper prices rose sharply through May on bets that Trump’s tariffs will severely crimp U.S. copper supplies.
Spot gold fell 0.5% to $3,029.61/oz, while gold futures expiring in May fell 0.2% to $3,037.09 an ounce by 00:57 ET (04:57 ...
On Monday, copper for May delivery declined 0.8% ... as the futures price ‘rolls down’ to the spot price. However, in backwardation, it can ‘roll up,’ and this shift can often drive ...
JP Morgan upgraded Freeport-McMoRan to Overweight, raising the price target to $52. Analyst cites tariff benefits, supply constraints, and strong copper pricing outlook. How to Spot the Market ...
Gold prices failed in their attempt to print a fresh weekly high today despite the latest tariff threats by US President Donald Trump. Markets rallied to peak just above the $3030/oz but fell short of ...
11d
Livewire Markets on MSNThe King of Kalgoorlie is BaaaackThey once dubbed Bill Beament the ‘King of Kalgoorlie’. And no wonder. Bill drove resource firm Northern Star [ASX: NST] from ...
UBS responded to the rising risks and the recent rally in gold prices by increasing its price target for the precious metal. The firm has adjusted its target to $3,200 per ounce from the previous ...
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