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Copper Price Skyrockets as Optimism for End to Fed’s Rate Hikes Grows

The past two years have been a rollercoaster ride of higher borrowing costs and a relatively strong dollar, creating a turbulent atmosphere for metals. However, a recent spark of hope has ignited due to a pledge from China’s central bank to provide financial support...

Gold Price Surges to 11-Week High Amid Escalating Middle East Conflict

The price of gold has reached its highest point in 11 weeks following the recent escalation of conflict in the Middle East. The surge in prices comes in response to Hamas' surprise attack on Israel earlier this month, with gold experiencing a 5%...

Copper Price Sees Increase Due to Expansion of China’s Factory Activity

In a positive sign for the industry, the Caixin manufacturing purchasing managers index (PMI) rose to 51 in the previous month, marking the highest reading since February. This indicates a return to expansion after a contraction in July. Copper futures for September delivery witnessed...