Central bank gold demand to surge as 89% expect global reserve growth: World Gold Council
-
admin_ftp@b2544fd367
-
July 23, 2026
-
news
-
0 Comments
Broader portfolio diversification efforts, gold’s strong performance during crises, and potential to protect against geopolitical risks drive demand, according to recent survey. The World Gold Council’s recent survey found that 89% of reserve managers expect that global central bank gold reserves will continue to grow over the next 12 months. The survey showed that strong gold demand from central banks …
Continue Reading
Copper price nearing US record as premium doubles, Shanghai stockpiles drop 82%
-
admin_ftp@b2544fd367
-
July 23, 2026
-
news
-
0 Comments
Copper surged to its highest in more than a month on Tuesday as evidence of a tightening physical market in China piled up and traders rebuilt bets that Washington will impose a tariff on refined metal. Comex copper for September delivery jumped 3.3% to $6.55 a pound ($14,440 a tonne) by early afternoon in New York, less than 2% from the …
Continue Reading
Zinc expected to retreat in 2026 as weak demand offsets supply fears
-
admin_ftp@b2544fd367
-
July 23, 2026
-
news
-
0 Comments
Zinc prices are expected to retreat from recent highs over the rest of the year as lacklustre demand offsets supply disruptions, analysts say. The metal used to galvanise steel is up more than 13% on the London Metal Exchange in 2026 due to tight ore supply and smelter production losses. Outperforming copper, aluminium, lead and nickel, zinc last month climbed to its highest in almost four years at $3 658 per metric …
Continue Reading