Metals
Precious metals offer unique inflationary protection. They have intrinsic value, carry no credit risk, and cannot be inflated. That means you can’t print more of them. They also offer genuine upheaval insurance against financial or political/military upheavals.
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Zinc Remains Near 4-Year High
Zinc futures held around $3,560 per tonne, staying close to a four-year high as a reported fire at a sulphuric…
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Copper Rises on Declining Chile Output
Copper futures climbed above $6.25 per pound on Tuesday, moving back toward three-week highs as production in Chile declined due…
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Gold bounces off two-week low as USD bulls turn cautious ahead of US CPI, Fed’s Warsh
Gold attracts some buyers during the Asian session on Tuesday, though the upside seems limited. The USD pauses after a…
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XAG/USD dips as oil surge lifts Fed hike odds
Silver falls as Middle East conflicts boost oil, raising inflation fears and expectations of prolonged high Federal Reserve rates. The…
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Platinum Pressured Near November Lows
Platinum futures traded around $1,600 an ounce, hovering near late-November levels, pressured by broad weakness across precious metals as escalating…
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Iron Ore Slips on Steel Mill Losses
Iron ore futures fell back below CNY 750 per ton, paring recent gains as mounting losses at Chinese steel mills…
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Steel Drops on Falling Mill Profits
Steel rebar futures fell back below CNY 3,060 per ton, retreating toward multi-month lows as widening losses at Chinese steel…
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Gold slides back closer to $4,050 as Iran risks and Fed hike bets boost USD
Gold kicks off the new week on a weaker note as escalating US-Iran tensions underpin the USD. Rising Oil prices…
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Copper Slips on Geopolitical Jitters
Copper futures fell to around $6.16 per pound, giving back some of last week’s gains as escalating tensions in the…
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Silver Price – XAG/USD falls to near $59.00 amid rising US-Iran strikes
Silver drops as US-Iran strikes drive oil higher, fueling fears of inflation and rising interest rates. CENTCOM launched targeted strikes…
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