Tag Archive: Copper

Commodities Weekly: Gold at 2-1/2 month high as safe haven status reborn

Precious metals are on the rebound as the US dollar goes in to pause mode after recent gains, while base metals firm up on supply-side issues. Crude oil prices push higher amid geopolitical tensions while weather-related supply side issues help…
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Commodities Weekly: Sugar has biggest one-week rally in almost two years

Soft commodities are mostly enjoying a revival from multi-month lows as weather-related issues raise supply concerns. Weather is also affecting crude oil and natural gas prices, while precious metals hold steady and industrial metals slide amid the ongoing US-China trade…
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Commodities Weekly: Palladium up for seventh session as bullish bets rise

Precious metals PALLADIUM continues to be preferred by speculative investors, with net long positions reaching their highest since July 10. The commodity is enjoying a strong bullish streak, rising for seven straight sessions and posting gains of 8.5% in that…
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Commodities Weekly: Copper nears 15-month low as fresh tariffs announced

The commodity space has generally struggled today amid escalations in the US-China trade war. US President Trump announced a 10% levy on Chinese imports from September 24, rising to 25% next year.  China has said it will decide today how…
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Commodities Weekly: Gold short bets at highest in 17 years

The dollar’s resurgence on safe haven buying after more Trump rhetoric on tariffs and firmer US yields on the back of a strong US jobs report is taking its toll on most precious metals. Copper and oil are struggling from…
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Commodities Weekly: Gold below $1,200 as Turkey tremors boost dollar

Many commodities are falling victim to the dollar’s strength as risk-aversion trades gain popularity. Most agricultural assets are suffering from supply overhangs while metals continue to take the cue from gold and head lower. Oil prices have struggled to rally…
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