Copper, Aluminum Prices Plunge Again as Tariffs Spark Worry Over Global Growth Slowdown

Seeking AlphaApr 4 20:42

Shares of Companies Within the Broader Materials Sector Are Trading Lower as Markets React to President Trump's Announcement of Sweeping Tariffs.

BenzingaApr 4 00:07

Silver and New York gold experienced a major shock as Trump's tariff exemptions concluded 80 billion dollars "Precious Metals migration."

In the past few months, due to concerns among traders about how Precious Metals would be affected by tariffs, New York futures Gold experienced a significant premium over benchmark prices, stimulating large-scale arbitrage trading. As Gold, Silver, Platinum, and Palladium were exempt from tariffs, the arbitrage trading reversed, leading to a rapid and significant narrowing of the price difference between New York futures Gold and spot Gold, while the Silver market experienced a sharp decline in the "physical delivery price difference."

wallstreetcnApr 3 21:56

Trump announced the implementation of "reciprocal tariff" measures, and several trade partners stated they would take countermeasures.

On April 2, the president of the USA, Trump, signed two executive orders announcing a 10% "minimum benchmark tariff" on all trade partners and imposed higher tariffs on several trade partners; The benchmark tariff rate will take effect at midnight on April 5, and reciprocal tariffs will take effect at midnight on April 9; Several trade partners have stated that they will take countermeasures, and the EU and Canada have already formulated counter plans.

cls.cnApr 3 07:00

Newmont, Mosaic Among Top Materials Movers in Q1 as Traders Navigate Volatility Amid Trade Tensions

Seeking AlphaApr 1 23:15

Alcoa Partners With IGNIS EQT In Joint Venture To Restart San Ciprián Smelter, Ensuring Long-Term Viability Of Operations

BenzingaApr 1 17:38