Metals
Market Analysis, Metals, Technical Analysis
Zinc Prices Slip Toward $3,880 as Stronger Dollar Meets Tightening Global Supply
Zinc prices are currently trading around $3,880 per ton, with a stronger US dollar creating near-term pressure on the market. Hawkish Federal Reserve commentary has supported the dollar, making dollar-denominated commodities more expensive for international buyers and limiting upward momentum across the base-metals complex. However, zinc’s downside is being constrained by a tightening physical supply […]
by Currency Hedger
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- 2 months ago
Market Analysis, Metals, Technical Analysis
Gold Price Under Pressure Below $4,350 as Fed Hawkishness Challenges Record Investment Demand
Gold is currently trading below $4,350 an ounce, with the precious metal remaining under pressure as a more hawkish Federal Reserve outlook offsets support from falling oil prices and exceptionally strong investment demand from China. The market is now balancing two competing forces: expectations that persistent inflation could keep US interest rates higher for longer, […]
by Currency Hedger
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- 2 months ago
Market Analysis, Metals, Technical Analysis
Copper Hits Record High as Mine Supply Disruptions and AI Demand Push Prices Toward $6.80
Copper is currently trading at record levels near $6.80 per pound, with persistent supply concerns and strong structural demand continuing to drive the market higher. The latest rally is being supported by disruptions at major mines, declining ore grades and weaker production from Chile, while demand from electricity grids, artificial intelligence infrastructure and the defense […]
by Currency Hedger
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- 2 months ago
Market Analysis, Metals, Technical Analysis
XAG/USD holds losses near $66.00 amid Fed rate hike bets
Silver price (XAG/USD) inches lower after opening at a bullish gap, trading around $66.00 per troy ounce during Asian hours on Tuesday. Non-yielding Silver remains under pressure as hawkish remarks from Federal Reserve (Fed) officials have reinforced expectations for additional US interest rate hikes. Musalem flags need for earlier, incremental hikes as inflation risks stay […]
by Currency Hedger
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- 2 months ago
Market Analysis, Metals, Technical Analysis
Gold Price Forecast: Gold Falls Toward $4,350 as Hawkish Fed Comments Lift Rate Hike Expectations
Gold prices traded near $4,350 an ounce on Tuesday, extending the previous session’s decline as hawkish comments from Federal Reserve officials strengthened expectations that US interest rates could remain higher for longer or potentially rise further. Higher interest-rate expectations are weighing on gold by increasing the opportunity cost of holding a non-yielding asset while also […]
by Currency Hedger
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- 2 months ago
Market Analysis, Metals, Technical Analysis
Copper Price Forecast: Copper Extends Six-Session Rally Above $6.70 as Supply Disruptions Tighten the Market
Copper futures climbed above $6.70 per pound on Tuesday, extending the rally to a sixth consecutive session as growing concerns over global mine supply continued to support prices. The latest move higher comes despite copper already trading at historically elevated levels, with supply disruptions, declining ore grades and weak production from Chile adding to concerns […]
by Currency Hedger
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- 2 months ago
Market Analysis, Metals, Technical Analysis
Platinum Price Forecast: Platinum Holds Near $1,800 as Dollar Strength Offsets Tight Supply Fundamentals
Platinum futures traded around $1,800 an ounce, remaining rangebound as opposing macroeconomic forces kept prices contained. A firmer US dollar created headwinds for the precious metal, while falling oil prices reduced inflationary pressures and eased concerns over further interest-rate increases. The retreat in oil prices has been linked to increasing diplomatic efforts to resolve the […]
by Currency Hedger
- 0 Comments
- 2 months ago
Market Analysis, Metals, Technical Analysis
Silver Price Forecast: XAG/USD Holds Above $66 as Fed Policy and Middle East Risks Drive the Outlook
Silver prices are consolidating around $66.35 per ounce at the start of the week after posting a strong recovery through the second half of last week. The white metal remains above its short-term trend support, but gains have paused as traders assess the Federal Reserve’s renewed tightening cycle, changing expectations for inflation and developments surrounding […]
by Currency Hedger
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- 2 months ago
Market Analysis, Metals, Technical Analysis
Iron Ore Price Forecast: Iron Ore Rises Above CNY 715 as Chinese Mills Restock Ahead of Golden Week
Chinese iron ore futures climbed above CNY 715 per tonne on Monday, extending gains for a fourth consecutive session as steel mills increased purchases ahead of China’s extended National Day Golden Week holiday in early October. The recovery comes after iron ore recently traded near one-month lows, with pre-holiday restocking providing an important short-term demand […]
by Currency Hedger
- 0 Comments
- 2 months ago
Metals, Technical Analysis
Gold Price Forecast: Gold Holds Above $4,350 as Falling Oil Prices Ease Inflation Concerns
Gold held above $4,350 an ounce on Monday after advancing for a second consecutive session, as falling oil prices eased some concerns over renewed inflation and the prospect of additional Federal Reserve interest-rate increases. Spot gold recently reached around $4,360 an ounce, recovering from a near six-week low after lower oil prices and a weaker […]
by Currency Hedger
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- 2 months ago