Commodity Roundup: Gold Falls as Trump Picks Scott Bessent for Treasury, Oil Down
If inflation resurges, gold, crude oil product, and copper will likely not withstand it.
Since the usa election, gold, crude oil product, and copper have all declined. If Trump 2.0 brings inflation back, resisting inflation will not be easy.
Gold Scores Strongest Weekly Gain Since March 2023, but Base Metals Struggle
Commodity Roundup: Natural Gas Turns Out to Be More Sensitive to Geopolitical Risks, ING Says
Commodity Roundup: Gold Extends Decline Amid Prospects of Fewer Rate Cuts,
10-Q: Quarterly report
Metal Markets on Edge as U.S. Election Takes Center Stage: BMI
The Most Overbought and Oversold Commodities Around the World
Commodity Roundup: Cocoa Futures Extend Losses; Oil Traders Track Mideast Developments
Commodity Roundup: Crude Oil Futures Jump 2% as Traders Keep Focus on Middle East
Commodity Roundup: Analysts See Sustained Rally in Gold, ING Forecasts Brent to Avg $72 Over 2025
Commodity Roundup: Oil Falls at Start of Q4, JPM Keeps Gold 2025 Target of $2,850/oz
BHP Sees Copper Demand Surging by 1M Tons/year Through 2035
BHP Group Ltd: Global copper demand is expected to increase by an average of 1 million tons per year by 2035.
BHP Group Ltd released a report stating that, benefiting from the widespread adoption of copper-intensive technologies, global copper consumption is expected to increase by an average of 1 million tons per year by the year 20235, double the average annual increase of the past 15 years; At the same time, the growth of copper mine output will be constrained by high costs and declining ore grades.
Copper prices surpassed the $10,000 mark, with producers warning of supply shortages in the next decade.
Analysts believe that even if the price of copper rises, it may not be enough to attract sufficient investment. This is because the development cycle of new mines is usually long, sometimes even exceeding ten years.
China stimulates the global csi commodity equity index: London copper 'breaks ten thousand', iron ore 'breaks one hundred'!
In recent trading days, with the multiple measures of China's monetary and fiscal stimulus policies, not only has it driven the A-share market to soar, but it has also helped some global csi commodity equity index, showing a rebound similar to a "dragon wagging its tail"... On Thursday, London copper steadily rose above the $10,000 integer mark, Singapore iron ore futures reclaimed the 100 mark, and spot silver prices reached a 12-year high!
Commodity Roundup: Crude Oil Extends Gains, Gold Holds Steady Ahead of Data-packed Week
After the Fed cut interest rates, copper prices in Asia's early trading rose. The expectation of mild economic slowdown coexists with positive signs from China.
In a report, analysts from ANZ Bank wrote that due to the continued positive sentiment following the interest rate cut by the US Federal Reserve last week, copper prices rose slightly in early Asian trading.
Commodity Update: Gold Hits New High Above $2,600, Crude Oil Eases
Economic 'soft landing' combined with the wave of AI demand! Is there hope for the copper stocks to open up room for growth?
With the unexpected 50 basis point rate cut by the Federal Reserve, there has been a shift in the previously intense debate about whether the US economy will experience a "hard landing". The copper sector rose nearly 2% overall yesterday, showing strong performance.