Metals
Metals, Technical Analysis
Nickel Price Forecast: Nickel Rebounds to $15,950 as Indonesian Production Cuts Raise Supply Hopes
Market Overview Nickel prices have rebounded to around $15,950 per tonne, extending recent gains as short-covering and expectations of coordinated production cuts in Indonesia improve sentiment. Major Chinese producers are expected to discuss output reductions at their Indonesian operations, raising the prospect of tighter supply after earlier discussions in August failed to deliver the anticipated […]
by Currency Hedger
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- 4 weeks ago
Market Analysis, Metals, Technical Analysis
Metals Price Forecast: Silicon Falls 1.06% as Silver and Platinum Slide, While Gold Holds Steady
Market Overview Metals markets are trading under mixed pressure, with silicon leading the reported declines at 1.06%, followed by silver at 1.03% and platinum at 0.93%. Gold, meanwhile, is little changed, highlighting a divergence between precious metals and the wider metals complex. The latest movements suggest that selling pressure is affecting several metals, although the […]
by Currency Hedger
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- 4 weeks ago
Market Analysis, Metals, Technical Analysis
Gold Price Forecast: Gold Falls Towards $4,100 as Oil Inflation Fears and Rate Hike Bets Weigh on Bullion
Market Overview Gold prices have extended their decline for a fourth consecutive session, moving towards $4,100 per ounce as rising oil prices intensify inflation concerns and strengthen expectations that interest rates could remain elevated for longer. The combination of renewed energy-market pressure, geopolitical uncertainty and shifting central bank expectations is challenging gold’s appeal, despite its […]
by Currency Hedger
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- 4 weeks ago
Market Analysis, Metals
XAG/USD rises to near $57.50 despite rising inflation concerns
Silver price (XAG/USD) gains ground for the second successive day, trading around $57.40 per troy ounce during Asian hours on Tuesday. However, Silver prices may fall as higher oil prices boost inflation concerns and reinforce expectations of tighter monetary policy. Oil jumps on Strait of Hormuz shipping attacks Analysts at Rabobank report that oil prices […]
by Currency Hedger
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- 4 weeks ago
Market Analysis, Metals, Technical Analysis
Gold Price Forecast: Gold Falls Toward $4,100 as Oil-Driven Inflation and Rising Yields Pressure Bullion
Gold prices remain under pressure, approaching $4,100 per ounce as the precious metal records a third consecutive session of losses. Elevated oil prices are intensifying inflation concerns, reinforcing expectations that interest rates could remain restrictive for longer and supporting the US dollar and government bond yields. The combination is creating a challenging environment for non-yielding […]
by Currency Hedger
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- 4 weeks ago
Market Analysis, Metals, Technical Analysis
Zinc Price Forecast: Futures Hold Above $3,700 as Smelter Risks and Falling Inventories Tighten Supply
Zinc futures are holding above $3,700 per tonne, maintaining a recovery from the October 16 low of $3,664.90 as persistent supply constraints support prices. Reduced production in Western markets, declining Chinese output and lower inventories monitored by the Shanghai Futures Exchange are reinforcing concerns about the availability of refined zinc. Supply uncertainty is also being […]
by Currency Hedger
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- 4 weeks ago
Market Analysis, Metals, Technical Analysis
Iron Ore Price Forecast: Futures Recover Above CNY 680 as China Steel Output Rebounds
Iron ore futures have climbed above CNY 680 per tonne, recovering from four-year lows as stronger Chinese steel production and better-than-expected economic growth provide fresh support for demand expectations. China’s daily crude steel output increased by 1.9% month over month to 2.45 million tonnes in September, marking the first monthly increase since June and offering […]
by Currency Hedger
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- 4 weeks ago
Hedging, Market Analysis, Metals, Technical Analysis
Steel Rebar Price Forecast: Futures Slip to 3,083 as Construction Demand Remains Under Pressure
Steel rebar futures are trading at 3,083.00 after declining 0.19% in the latest session, extending a monthly loss of 1.03%. Despite the recent weakness, prices remain 1.82% higher than a year ago, suggesting that the market has retained modest annual gains while struggling to establish stronger near-term momentum. The fourth-quarter forecast stands at 3,109.08, above […]
by Currency Hedger
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- 4 weeks ago
Market Analysis, Metals, Technical Analysis
Copper Price Forecast: Copper Trades at 6.5665 After Daily Gain as Prices Target 6.6529 in Q4
Copper prices are trading at 6.5665, up 0.54% on the day, as the metal maintains a strong annual performance despite a modest monthly pullback. Copper has gained 30.96% over the past year, highlighting the strength of the broader price trend, while the latest monthly decline of 1.80% suggests some consolidation following the substantial advance. The […]
by Currency Hedger
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- 4 weeks ago
Hedging, Market Analysis, Metals, Technical Analysis
Gold Price Forecast: Bullion Breaks Above $4,170 as Fed Rate-Hike Bets Ease and Safe-Haven Demand Strengthens
Gold has climbed above $4,170 an ounce, extending its recent gains as changing Federal Reserve expectations, falling bond yields and renewed safe-haven demand support the precious metal. Investors are reassessing the outlook for US interest rates ahead of the Federal Open Market Committee’s October 27–28 meeting, while concerns about AI-related investment valuations and escalating geopolitical […]
by Currency Hedger
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- 4 weeks ago