Metals
Market Analysis, Metals, Technical Analysis
Silver, Copper and Platinum Prices Slide as Precious and Industrial Metals Face Selling Pressure
Metals markets recorded broad losses across several major contracts, with silver leading the declines after falling 2.50%. Copper dropped 2.08%, while platinum declined 1.85%, highlighting weakness across both precious and industrial metals. The broader market picture was mixed, however, as lithium carbonate advanced 1.88% to lead the gainers, while gold edged higher by 0.14%. The […]
by Currency Hedger
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- 1 day ago
Market Analysis, Metals, Technical Analysis
Nickel Prices Retreat from One-Month High as Global Surplus and Weak Demand Keep Market Under Pressure
Nickel traded around $16,100 per tonne, easing from a recent high of more than one month as persistent global oversupply and subdued downstream demand continued to weigh on market sentiment. Despite the recent price strength, the fundamental outlook remains challenging, with forecasts pointing to a growing supply surplus through 2027. The International Nickel Study Group […]
by Currency Hedger
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- 2 days ago
Market Analysis, Metals, Technical Analysis
Iron Ore Prices Slide Towards Four-Year Low as Rising Chinese Port Inventories and Steel Production Cuts Weigh on Demand
Iron ore futures declined towards CNY 670 per tonne, approaching their lowest levels since October 2022, as increasing supply and weakening demand across China continued to pressure the market. The latest decline reflects a combination of rising inventories at major Chinese ports, sustained Brazilian shipments and deteriorating demand expectations from the country’s steel industry. With […]
by Currency Hedger
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- 2 days ago
Metals
XAG/USD rises to near $50.50 despite Fed rate hike bets
Silver price (XAG/USD) gains ground after posting modest losses in the previous day, trading around $50.50 per troy ounce during Asian hours on Friday. However, Silver price may face challenges amid rising Treasury yields reflecting growing expectations of a more aggressive Federal Reserve (Fed) policy outlook. Rabobank dissects shifts in the 10-year US Treasury yield […]
by Currency Hedger
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- 2 days ago
Market Analysis, Metals, Technical Analysis
Gold Prices Face Further Pressure as Hawkish Fed Expectations Drive Weekly Losses
Gold prices are attempting to stabilise above $3,900 per ounce, recovering on Friday after three consecutive sessions of losses. However, the rebound has done little to change the broader market picture, with bullion still heading towards a sharp weekly decline as a stronger US dollar and rising Treasury yields weigh on demand for the precious […]
by Currency Hedger
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- 2 days ago
Market Analysis, Metals, Technical Analysis
Gold drops over 2% as Trump plays down the need for an Iran deal
Gold (XAU/USD) slips back below $4,000 on Thursday, giving up most of last week’s gains as bets on more aggressive Federal Reserve (Fed) interest rate hikes lift the US Dollar (USD) to a fresh year-to-date high. At the time of writing, XAU/USD trades around $3,889, down more than 2% on the day. Selling pressure intensified […]
by Currency Hedger
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- 3 days ago
Market Analysis, Metals, Technical Analysis
Metals Prices Decline as Iron Ore Leads Losses Across Industrial and Precious Metals
Metals markets are facing renewed selling pressure, with iron ore leading the latest declines as weakness extends across copper and gold. Iron ore traded in Chinese yuan has recorded the largest loss, falling 2.12%, while copper declined 0.78% and gold slipped 0.64%. The broad-based weakness highlights softer sentiment across both industrial and precious metals. Iron […]
by Currency Hedger
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- 3 days ago
Market Analysis, Metals, Technical Analysis
Gold remains depressed below $4,000 as USD extends rally on Fed hike bets, Mideast risks
Gold (XAU/USD) sticks to its bearish tone for the third straight day on Thursday, trading below the $4,000 psychological mark and near its lowest level in more than a week, touched during the Asian session. The US Dollar (USD) extends a hot US consumer inflation figures-led rally amid Federal Reserve (Fed) rate-hike expectations and Middle […]
by Currency Hedger
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- 3 days ago
Market Analysis, Metals, Technical Analysis
Copper Prices Fall Towards $6.20 as Strong US Dollar and Rising Inventories Weigh on Market
Copper futures declined towards $6.20 per pound on Thursday, approaching fresh four-month lows as a stronger US dollar and rising London Metal Exchange inventories added pressure to the industrial metal. The dollar strengthened following hotter-than-expected US inflation data and increasingly hawkish signals from Federal Reserve officials, lifting expectations of more aggressive interest-rate increases. This has […]
by Currency Hedger
- 0 Comments
- 3 days ago
Market Analysis, Metals, Technical Analysis
Precious Metals Rally as Silver Jumps 2.94%, While Lithium Carbonate Leads Declines
Precious metals are leading gains across the metals complex, with silver advancing 2.94% and platinum rising 1.50% in the latest market update. Copper has also strengthened by 1.28%, while gold has added 0.65%, indicating broadly positive momentum across precious and industrial metals. Lithium carbonate has moved in the opposite direction, falling 0.88% to become the […]
by Currency Hedger
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- 4 days ago