Copper Falls Below $9,000 as Dollar Extends Post-Election Gains
Copper fell below $9,000 a ton for the first time in two months as the dollar extended gains made in the wake of the US election.
Gold extends fall as dollar, Treasury yields rise
Gold prices extended losses for the fourth straight session on Wednesday, weighed down by a stronger dollar and elevated bond yields on news that October U.S. consumer prices increased as expected. The Labor Department also reported slower progress toward low inflation since mid-year,
Gold Futures Slip as Dollar Rally Stays Strong
Gold futures fall 0.4% to $2,596.30 a troy ounce. The precious metal had risen earlier in European trading, but looks set to end a fourth consecutive session down. The precious metal has faced significant downward pressure since Donald Trump won the U.
Gold Holds Near Eight-Week Low as US Dollar Rallies Higher
Gold held a four-day drop as a sharp rally in the dollar weighed on the metal, even as US inflation data supported the case for another Federal Reserve rate cut next month.
Gold declines to 8-week low on stronger dollar, yields
Gold fell for a fifth straight session on Thursday to hit its lowest level in eight weeks, pressured by a stronger U.S. dollar and rising Treasury yields amid uncertainty over the pace of the Federal Reserve's interest rate cuts.
Metal Prices Fall on Strong Dollar, Rising Chinese Copper Output
Metal prices fell on a strong dollar and rising Chinese refining capacity, with copper now at its lowest level since mid-September due to an unfavorable environment post-U.S. election, Commerzbank said.
Copper Smelters Battered by Tight Supply and Weakening Demand
Processors are finding themselves in weak bargaining positions against both miners and buyers at an industry gathering in ...
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China should use more aluminium and recycled copper, industry says
SHANGHAI (Reuters) -Using more aluminium and recycled copper would help China cope with scarce copper resources, an ...
Existing mines, projects can only meet 80% global copper demand by 2030, Minmetals says
The existing mines and projects underway can only meet 80% of global copper demand by 2030, Zhu Kebing, vice president of ...
Copper closes at two-month low on worries over Trump tariff, China economy
Trump victory, impact of China tariffs, and Chinese stimulus disappointment on mining stocks and commodity markets.
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Trackdown: Help find these Fort Worth copper thieves
Just last month, thieves stole hundreds of feet of cable wiring in a parking lot in Fort Worth. Cameras captured clear video ...
Copper views Trump win through Chinese lens
Donald Trump's U.S. presidential election win has not sparked a repeat of the explosive copper rally which followed his ...
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China’s Copper Market Needs More Stimulus, Says Top Importer
China needs to deploy more economic stimulus if copper demand is to revive, according to a major importer of the metal. The ...
Copper prices today: Copper is up 11.67% year to date
Copper spot prices are up 11.67% year to date. The 52-week high is $5.18 per pound, reached on May 20, 2024. The 52-week low ...
Hudbay Forecasts 2024 Copper Production Toward Lower End of Target Range
Hudbay, which operates mines in Peru and Canada, produced 31,354 metric tons of copper in the latest quarter, up 9.7% from the quarter before but down from 41,964 tons a year earlier. Gold output ...
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Queensland’s copper sector lives on beyond Mt Isa
Mt Isa's underground copper mines are set to close in 2025, but Queensland explorers are looking to step into the breach.
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AT&T: Outages on Indy’s west side caused by copper theft, fiber cable vandalism
INDIANAPOLIS — AT&T has confirmed that outages this week on the west side of Indianapolis were caused by theft and vandalism ...
Hudbay Minerals rises after Q3 earnings beat as copper production costs drop
Hudbay Minerals (NYSE:HBM) +2% in Wednesday's trading after easily beating Q3 adjusted earnings expectations, highlighted by ...