The metal is struggling to regain 2021 highs amid weak automotive demand.
Following a negative 2022, copper may become an intriguing market in 2023 as China reopens from Covid.
The XME has dropped more than 22% since the end of June subdued by softening global demand and high interest rates
Global commodities had mixed performances this week. Metals have been aided by a dollar weakening, while energy suffered recent political developments.
Russia has recently proposed the establishment of a new precious metals exchange, the Moscow World Standard
We look at the platinum and palladium markets and the potential price outlook for both metals.
Could South Africa be the answer to platinum group metals shortages and Russian sanctions?
Platinum demand is likely to increase in the coming years as the green hydrogen evolution advances
The London Metals Exchange recently announced that it is exiting the gold and silver futures market
Platinum and palladium have historically been substituted for each other several times in the auto industry
Silver may rally further as the war in Ukraine urges investors to move to safe havens
The outbreak of war between Russia and Ukraine is propelling a rally in commodities, raising fears for the start of a new commodity supercycle.
Geopolitical concerns ease as Russia and the US agree to meet, sparking a recovery in investors’ risk appetite
Palladium plunged after a record-high in May. Will weak auto demand slash prices further?
Precious metals held steady Monday, after rallying Friday. Gold surpassed the $1,800/ounce psychological level