Metals
Market Analysis, Metals, Technical Analysis
Aluminum Price Forecast: Prices Hit Lowest Since February as Supply Outlook Improves
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Aluminum prices are under pressure, with UK-traded futures around $3,050 per tonne and hovering near their lowest level since February. A stronger US dollar, easing concerns over Gulf supply disruptions and expectations of expanding production capacity are weighing on the market, while softer demand prospects […]
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- 1 month ago
Market Analysis, Metals, Technical Analysis
Metals Commodities Forecast: Lithium Carbonate Slides 5.68% as Copper and Silicon Advance
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Metals markets are showing mixed performance, with lithium carbonate suffering a sharp decline while copper and silicon post modest gains. Lithium carbonate falls 5.68% in the reported market snapshot, substantially underperforming aluminum alloy and gold, which also trade lower. Copper rises 0.59%, while silicon gains […]
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- 1 month ago
Market Analysis, Metals, Technical Analysis
Steel Price Forecast: Improving Margins Support Rebar as China’s Construction Demand Remains Weak
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Steel rebar futures are trading near CNY 3,100 per tonne, with lower spot coke prices providing some relief to Chinese steelmakers by reducing production costs and narrowing operating losses. The improvement could ease pressure on mills to cut output, offering near-term support to steel prices […]
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- 1 month ago
Market Analysis, Metals, Technical Analysis
Iron Ore Price Forecast: Chinese Restocking Hopes Support Prices as Supply Risks Persist
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Iron ore prices are attempting to stabilise after reaching four-year lows, with futures recovering towards CNY 690 per tonne as Chinese steelmakers prepare to replenish raw material inventories following an extended holiday. The expected return of mills to the spot market could provide near-term support, […]
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- 1 month ago
Metals, Technical Analysis
XAG/USD holds gains near $61 amid Russia-Ukraine ceasefire
Silver price (XAG/USD) trades higher at around $61.10 in the Asian trade on Monday, holding onto Friday’s gains. The white metal reflects strength as United States (US) bond yields have come under pressure due to a decline in oil prices in the wake of Russia-Ukraine ceasefire, announced by President Donald Trump. As of writing, the […]
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- 1 month ago
Market Analysis, Metals, Technical Analysis
Gold Price Forecast: Bullion Rises Above $4,200 as US Inflation Data Takes Centre Stage
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Gold prices have climbed above $4,200 per ounce, extending gains for a third consecutive session as lower oil prices help ease concerns about inflation. Expectations that additional Russian diesel supplies could improve fuel availability have weighed on energy prices, potentially reducing pressure on inflation and […]
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- 1 month ago
Market Analysis, Metals, Technical Analysis
Gold Price Forecast: Bullish Recovery Faces Pressure from the Dollar and Treasury Yields
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Gold is attempting to recover after retreating from its recent highs, with prices advancing by approximately 1.2% and approaching the $4,200-per-ounce level. The rebound suggests that buyers are defending the $4,070–$4,150 area as a potential short-term base, although a sustained recovery will depend on the […]
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- 1 month ago
Market Analysis, Metals, Technical Analysis
Copper Market Outlook: Chilean Supply Risks Support Prices as US Tariff Uncertainty Persists
Copper prices recover towards $6.60 per pound as renewed supply concerns in Chile provide support following the previous session’s losses. Industrial action at Antofagasta’s Centinela project raises the possibility of future production disruption, while Chile’s latest production figures point to weakness in output from the world’s leading copper-producing country. The market remains caught between tightening […]
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- 1 month ago
Metals, Technical Analysis
Gold Market Outlook: Bullion Holds Near $4,150 as Fed Rate Uncertainty and Middle East Risks Persist
Gold is holding near $4,150 an ounce as investors weigh competing forces from geopolitical uncertainty, energy-market volatility and the outlook for Federal Reserve monetary policy. Bullion is on track to finish the week little changed, with easing oil prices providing some relief to inflation concerns while tensions around the Strait of Hormuz continue to support […]
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- 1 month ago
Market Analysis, Metals, Technical Analysis
Platinum Market Outlook: Falling Treasury Yields Support Recovery Above $1,650
Platinum prices have rebounded above $1,650 per ounce, recovering from a recent nine-week low as falling US Treasury yields and easing oil prices improve the outlook for precious metals. A rally in US government bonds has pushed Treasury yields lower from a 24-year peak, weakening the US dollar and reducing the opportunity cost of holding […]
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- 1 month ago