Base metals slid as prices largely moved according to their own trends rather than being influenced by macroeconomic or political events, Sucden Financial said.
Metal prices rose, with aluminum’s gains reflecting unconfirmed reports that the European Commission intends to propose a ban on the import of Russian aluminum, MUFG said.
The base metals sector includes copper, aluminum, nickel, lead, zinc, and tin, which are infrastructure building blocks. Over ...
Battery / EV Metals Price BMI Lithium Carbonate, EXW China, >=99.2% Li2CO3 10,350 BMI Lithium Hydroxide, EXW China, >=56.5% LiOH 9,425 BMI Cobalt Sulphate, EXW China, >20.5% Co 3,502 BMI Nickel ...
Gold prices traded with marginal gains while silver continued to slump amid gains in the dollar index and U.S. bond yields.
Not only is the precious metal viewed as a form of currency ... gold is typically viewed as a safe-haven asset and inflation hedge. The price of gold, like any other financial asset, is influenced ...
US prices of metals and oil are surging above their international counterparts as traders increase bets President-elect ...
We believe geopolitical risks and U.S. economic uncertainty, including inflation concerns, are likely to support gold prices ...
However, because of increased demand, the forecast also warns of the potential for supply shortages and price spikes. Even so, the growing use of precious metals in renewable energy and ...
BofA analyst Sathish Kasinathan lowered the firm’s price target on Commercial Metals (CMC) to $65 from $69 and keeps a Buy rating on the shares after the firm updated its model for reported Q1 ...
Jefferies analyst Christopher LaFemina lowered the firm’s price target on Commercial Metals (CMC) to $62 from $65 and keeps a Buy rating on the ...