Gold prices today edged higher in Indian markets after a five-day decline. Gold futures on MCX were up 0.4% to ₹47,265 per 10 gram while silver futures rose 1.1% to ₹68534 per kg.
Copper price reaction to Chilean copper strike | Neal Bhai
Copper supply and production costs: Copper price mining is primarily focused within South America which can have a large bearing on the price of copper. Shortage of supply, quality of copper and the variations in production costs can all have resultant impacts on price. This leads on to country specific risk which can affect supply due to political instability or work related issues.
Gold Price Analysis: Gold Refreshes Weekly high above $1,780 on Biden’s ‘Joint Congress’ speech
Gold Price Analysis: Gold inches closer to the $1,800 threshold, refreshing weekly top to $1,788.31 by the press time of early Thursday. In doing so, the yellow metal takes the bids for the second consecutive day on the weaker US dollar. Recently propelling the commodity prices are the comments from US President Joe Biden.
Copper Surges Toward $10,000 as Bulls Bet on Global Rebound
Copper Prices Reports: Copper stunning rally toward all-time highs above $10,000 is accelerating, with bulls swarming in to profit as stimulus measures, vaccine rollouts and climate pledges fuel a global recovery from the pandemic.
Gold Price Forecast: Trading Zone $1803—$1758, Focus Shifts To Fed
Gold Price Forecast: Gold rebounded on Monday after finding support just under $1770, tracking the late decline in the US dollar across the board after Wall Street indices closed at record highs.