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Why Copper’s Record Rally May Be Running Out of Steam
The Wall Street Journal· 2026-02-06 17:00
Copper prices recently hit all-time highs. Here's why it's taking a breather. There's a couple of reasons why copper has rallied lately alongside precious metals like silver and gold.One is general excitement over all things AI and the energy transition where copper is needed. Secondly, the broader rally on gold and silver have also drummed up interest in other metals like copper. There's also been some stockpiling going on in case the US imposes tariffs on the metal.There's a lot of reasons to be bullish a ...
DIGI: Citi's Max Layton
Bloomberg Television· 2025-10-09 20:58
When you look at gold's price action today, gold futures are lower for the first time. It feels like in about five or six days the dollar is stronger and there seems to be a shift in tone on the US dollar. Can the dollar and gold continue to move higher at the same time.If there is this sea change in more conviction in dollar strength going forward. Well, that's a great question. I think that speaks to our our preference.We prefer silver at the moment over gold around a week and a half ago, we upgrade our s ...
Silver and Platinum Are Surging | Presented by CME Group
Bloomberg Television· 2025-06-24 13:46
Market Trends - Silver reached a 13-year high above $36 per ounce [1] - Platinum climbed to levels last seen in 2021 [1] - Investors seek alternatives to gold amid high prices and macroeconomic uncertainty, improving positive correlation between silver and platinum [2] Supply and Demand - Silver supply lagged demand by about 15% in 2024, with another shortfall expected this year [1] - Platinum faces its third consecutive year of supply deficit [2] - Platinum supply deficit is exacerbated by reducing mining output in South Africa and surging Chinese demand [2] Industrial Demand - Bullish momentum is primarily driven by robust industrial demand [1] - Silver is in high demand for the manufacturing of solar panels [1] - Platinum is in high demand for hybrid vehicle production [1]