Gold’s surge in August marks fastest monthly gain in over half-year

US Treasury’s long-term bond buyback operation expansion, easing geopolitical risks, and slowing US inflation support gold’s 10% rise in August. Gold rose 10% last month, its fastest monthly gain in seven months, amid the US Treasury’s expanded long-term bond buyback operation, weakening expectations that the Fed would hike rates and a relative easing of geopolitical risks. During this period, demand …

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There’s no shortage of copper, it’s just in the wrong place

Copper may feel scarce, but the real problem is that much of the available metal is sitting in the wrong place as regional trade flows reshape a once-global market, Reuters senior metals columnist Andy Home says.   “China now finds itself short. Where does it go to buy its copper? Let’s go to the London Metal Exchange, right? So, now the London Metal Exchange stocks start decreasing. It’s caught …

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