Gold (GCZ26) has had quite the year in 2026 so far. As we near the end of August, the yellow metal has moved through its share of twists and turns, but the broader trend remains firmly upward. Spot gold is now holding around the $4,700-an-ounce mark after gaining over 17% in August alone so far, making it the metal’s best month so far this year, apart …
Continue ReadingCopper set another record in New York early on Wednesday before giving up the gains, as signs that the squeeze gripping the London market is easing prompted a bout of profit-taking, with supplies outside the US still tight ahead of Washington’s tariff decision. Comex copper for September delivery touched $6.7775 a pound (about $14,940 a tonne) in early trading, a …
Continue ReadingPresident Donald Trump says the US “desperately needs” aluminium. His comments highlight the limits of the administration’s tariff-led strategy. Trump’s comments came after US-Canada trade talks collapsed. The two countries had been close to a deal that could have cut the tariff on Canadian aluminium from 50% to 25%. The US does not produce enough aluminium to meet domestic demand and relies …
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