Metals
Market Analysis, Metals, Technical Analysis
Copper Price Outlook: Chilean Mine Strikes and Supply Disruptions Support Prices Above $6.70
Copper prices are extending their advance as labour disputes and adverse weather conditions disrupt mining operations in Chile, the world’s largest copper producer. Futures have climbed above $6.70 per pound, moving closer to record highs as uncertainty surrounding production at major mines adds to concerns about global supply availability. The potential strike at BHP’s Escondida […]
by Currency Hedger
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- 2 weeks ago
Market Analysis, Metals, Technical Analysis
XAG/USD remains above $59.00 amid dovish Fed remarks
Silver price (XAG/USD) gains ground after two days of losses, trading around $59.20 per troy ounce during Asian hours on Wednesday. Non-yielding Silver gains following dovish remarks from New York Federal Reserve President John Williams. Speaking on Tuesday, Williams noted that while he maintains his view that one more rate hike may be appropriate this […]
by Currency Hedger
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- 2 weeks ago
Market Analysis, Metals, Technical Analysis
Metals Commodities: Lithium Carbonate Leads Losses as Precious Metals Advance
Metals markets are showing divergent price action, with lithium carbonate leading the declines while iron ore and aluminum alloy also trade lower. Platinum and gold are moving higher, highlighting the different supply-demand and macroeconomic forces influencing industrial metals and precious metals. Market Snapshot Lithium Carbonate: Supply and Battery Demand in Focus Lithium carbonate is the […]
by Currency Hedger
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- 2 weeks ago
Metals, Technical Analysis
Gold bulls seem hesitant below $4,200 as hawkish Fed offset USD weakness
Gold (XAU/USD) retains a mildly positive bias through the first half of the European session, though it remains capped below the $4,200 mark and the top boundary of a two-week-old trading range. The US Dollar (USD) retreats from its highest level since April 2025 amid some profit-taking, offering support to the precious metal. However, the US […]
by Currency Hedger
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- 2 weeks ago
Market Analysis, Metals, Technical Analysis
Iron Ore Prices Approach Four-Year Lows as Supply Outpaces Steel Demand
Iron ore prices remain under significant pressure as abundant global supply, elevated Chinese port inventories and easing freight costs reinforce the bearish outlook for the steelmaking raw material. With mining companies increasing shipments and global steel demand facing renewed uncertainty, the market risks further downside unless Chinese consumption improves or supply growth begins to moderate. […]
by Currency Hedger
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- 2 weeks ago
Market Analysis, Metals, Technical Analysis
Nickel Price Forecast: Oversupply and Dollar Strength Keep Prices Under Pressure
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Nickel prices remain under pressure as ample global supply, elevated exchange inventories and a stronger US dollar weigh on the industrial metal. With nickel trading around $15,600 per tonne in the supplied market snapshot, close to a recent low near $15,510, the market continues to […]
by Currency Hedger
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- 2 weeks ago
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 […]
by Currency Hedger
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- 2 weeks 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 […]
by Currency Hedger
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- 2 weeks 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 […]
by Currency Hedger
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- 2 weeks 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, […]
by Currency Hedger
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- 2 weeks ago