Traders bet on supply squeeze pushing up copper prices – Financial Times
Unlock Editor’s Digest for free FT editor Roula Khalaf has chosen her favorite stories in this weekly newsletter. Traders are betting on tighter copper markets in the coming months as disappointment over slowing Chinese economic growth outweighs concerns about tight global supplies. The June delivery price for copper, a key barometer of the health of […]
Gold prices in sight of record highs; copper rebounds on China cues – Investing.com
Investing.com — Gold prices steadied in Asian trading Thursday, hovering near record highs as traders bought into the yellow metal ahead of further cues on U.S. inflation and interest rates. Among industrial metals, copper prices rebounded from recent declines and rose towards an 11-month high after reports that Chinese copper smelters were proposing to cut […]
Gold prices muted amid scant trading cues; copper reverses course By Investing.com – Investing.com
©Reuters. Investing.com — Gold prices fell slightly in Asian trading on Tuesday on hopes for a key signal on U.S. inflation and the Federal Reserve refrained from large trades, while recent dollar strength also weighed on the market. It became. Among industrial metals, copper prices have fallen sharply since Monday as traders took profits from […]
Gold prices hover above $2,150 ahead of Fed meeting; copper edges lower By Investing.com – Investing.com
©Reuters. Investing.com — Gold prices fell slightly in Asian trading on Tuesday, but remained above key support levels as markets remained turned off by the precious metal ahead of this week’s key Federal Reserve meeting. Among industrial metals, copper prices have fallen little by little, but are still on track for an 11-month high after […]
Is a Copper Crisis Coming? Prices Hit New Highs on Smelter Cuts | OilPrice.com – OilPrice.com
via metal minor By mid-March, copper prices had reached their highest since April 2023. Prices had previously bottomed out in early February, but strong upward momentum has since broken past all-time highs in a long-term sideways trend. Prices recorded a moderate decline of 1.74% month-on-month throughout February, but in the first two weeks of March […]
Gold prices steady before Fed meeting; copper rallies higher By Investing.com – Investing.com
©Reuters. Investing.com — Gold prices were mostly weak in Asian trading on Friday as stronger-than-expected inflation data fueled concerns that the Federal Reserve will signal a rise in long-term interest rates at its next meeting. There was no price movement. But the sentiment did little to stop copper prices from rising, with expectations that China’s […]
Native Americans and mining interests continue legal battle over sacred land atop massive copper deposit
Oak Flat, part of a national forest in central Arizona, has been at the center of a long-running struggle between Native American groups and mining interests, both of whom consider it critical to their future. Resolution Copper, a subsidiary of international mining giants Rio Tinto and BHP, wants to develop Oak Flat’s massive copper deposits […]
Gold prices steady amid rate-cut uncertainty; Copper cools from China gains By Investing.com – Investing.com
©Reuters. Investing.com — Gold prices edged lower in Asian trading on Wednesday, holding on to the trading range set over the past week amid growing market uncertainty over a U.S. interest rate cut this year. Among industrial metals, prices edged lower after copper prices rose sharply earlier this week on growing optimism about China. Gold […]
2 in Oklahoma accused of toppling country radio station tower to steal $100 in copper
A man and woman have been arrested on suspicion of destroying part of an Oklahoma radio station's 500-foot tower to steal copper, Choctaw County Sheriff Terry Park said. This tower in Hugo belongs to Payne Media Group's station K95.5. The radio station posted a video of the damage on Facebook following the vandalism on January […]