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Copper under pressure on Fed rate cut outlook | Hellenic Shipping News Worldwide

Copper under pressure on Fed rate cut outlook | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Copper s record run at risk as US shipments calm speculator frenzy | Hellenic Shipping News Worldwide

Copper s record run at risk as US shipments calm speculator frenzy | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Copper s record run at risk as US shipments calm speculator frenzy - Mining Engineering Online

Gold Sets Fresh London Record But Ratio to Silver Price Tumbles on Shanghai Surge

Gold set a new Dollar-price record in London trade Tuesday but its ratio to silver prices sank to the lowest since New Year 2022 on a surge in Shanghai speculative trading and the squeeze industrial metal copper

Copper s record run at risk as US shipments calm speculator frenzy

Copper's lightning rally to record highs may not be sustainable in the coming weeks, with action concentrated on the shipment of material to cover exposed short positions in the U.S. Comex futures market rather than tepid demand in top consumer China. Prices on the CME Group's Comex hit a record last week, while benchmark copper on the London Metal Exchange (LME) rocketed on Monday to an all-time peak of $11,104.50 a metric ton, having surged 28% so far this year.

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