China’s gold market cools amid ETF outflows: report
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June 12, 2026
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China’s gold market cooled in May as weaker prices, robust equity markets and soft jewelry demand weighed on investment activity, according to the World Gold Council (WGC). Chinese gold exchange-traded funds (ETFs) recorded their first monthly outflows since August 2025, while wholesale demand slumped to its weakest May level in more than a decade, the WGC said in a report released Friday. …
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Critical minerals reshaping global trade as demand surges: UNCTAD
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June 12, 2026
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Supply chains remain highly concentrated, while governments increasingly use trade policy to secure access, says UN agency. Critical minerals are reshaping global trade as demand rises for clean energy, electrification and digital technologies, the UN Trade and Development agency (UNCTAD) said on Friday. In its June 2026 Global Trade Update, UNCTAD said copper, nickel, lithium, cobalt and rare earth elements …
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Copper surges as Trump signals Iran deal could come within days
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June 12, 2026
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Copper prices staged a strong recovery on Friday, climbing more than 2% from a three-week low after US President Donald Trump signalled that a deal with Iran to end the four-month conflict could be signed as soon as this weekend. The positive development helped ease immediate fears over prolonged disruptions to global commodity supply chains. The three-month copper futures on the …
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