• HG
• MAL

Downside to base metal prices should be limited from here: BofA

Base metal prices are declining due to weak demand and economic uncertainty, but expected Fed rate cuts and post-summer demand rebound may stabilize prices into 2025.

• GC
• HG
• PL
• SI

Gold prices close to record highs on bets of softer CPI reading

Gold prices slightly fell ahead of CPI data while remaining near record highs. Concerns over copper supply arose due to strikes at a major mine in Chile.

• HG

Could a union halt production at the world's biggest copper mine?

A workers union at BHP's Escondida mine has launched a strike for profit distribution, leveraging their power, while BHP seeks negotiations amid potential copper price impacts.

• GC
• HG

Gold prices fall, but record high in sight amid inflation angst, M.East fears

Gold prices declined amidst geopolitical tensions and anticipation of U.S. inflation data, while copper prices fell due to concerns over China's economic situation.

• HG

UBS sees Copper correction as buying opportunity

UBS analysts suggest copper prices have corrected sharply but present a buying opportunity, predicting a tightening market due to limited supply growth and eventual demand rebound by late 2024.

• HG
• MAL
• MZN

UBS: Metal of choice is copper, followed by aluminum, zinc

UBS Global Research highlights copper as the top base metal due to supply constraints and strong demand, predicting significant price increases through 2025.

• GC
• HG
• MCU

Gold prices steady amid volatile markets, copper sees little relief

Gold prices steadied as market volatility kept safe havens in focus, while copper rises were limited by weak Chinese import data amid broader economic uncertainty.

• GC
• HG
• MCU
• PL
• SI

Gold prices nurse losses as dollar steadies; copper dented by weak China data

Gold prices rose slightly after a sharp previous drop, while copper fell due to weak Chinese import data. Broader markets rebounded, affecting safe haven demand.

• HG

China July copper imports decline on weak demand; Jan-July up

China's unwrought copper imports fell in July due to weak demand and high stocks, with predictions of consumption growth slowing to 2.5% this year.

• GC
• HG
• MCU
• PL
• SI

Gold prices slide from near record highs as stock markets rebound