US copper futures soared as much as 17% yesterday, the biggest one-day move since the contract began trading in 1988. Even after giving back about half that gain, copper traded late yesterday at $5.50 ...
This uptrend has elevated copper from being a quietly indispensable industrial metal to a representation of significant ...
Comex copper price paused on the losses recorded late last week as the bulls successfully defend the crucial ...
Traders refer to the price of physical copper as the spot price. Because these transactions are for immediate delivery, they’re settled on the spot. Copper spot prices are typically quoted in pounds ...
Copper prices may be quoted in metric tons for large-scale industrial transactions, as global markets tend to trade in larger quantities. Some financial markets quote prices in currencies besides U.S.
Copper’s (HG1:COM) bull market is nearly a quarter of a century old, and the prospects are for higher prices over the coming years. Since the November 2001 60.40 cents per pound low, copper has traded ...
Gold prices remain steady around $2,078, just below recent highs, with a 0.3% rise in February futures indicating sustained investor interest due to expected Federal Reserve rate cuts in 2024. Copper ...
Mining mergers are back in style. Rio Tinto, the industry’s fourth-most valuable company, has confirmed it is in talks to ...
Gold prices experienced a subdued movement, lingering within the $2,000 to $2,050 band amid concerns over the Federal Reserve’s stance on maintaining elevated interest rates. The robust dollar added ...
As the global shift toward greener energy alternatives gains momentum, Patricia Mohr, an economist, commodities expert and former vice president at Scotiabank, predicts a resurgence in demand for ...
The Nasdaq continues to confound the naysayers, but it's metronomic rise is par for the bull market course if you're a trend follower. The uranium is pulling back after its strong rally, raising some ...