Gold has recovered towards $4,200, but UBS’s December forecast of $4,600 still requires a gain of almost 10% from current levels. Gold’s sharp September retreat has left a much steeper climb to UBS’s $4,600 year-end forecast, even as bullion recovers some of Monday’s losses. The Gold price (XAU/USD) edged up 0.20% to around $4,195 an ounce on Wednesday morning, following …
Continue ReadingCopper held above $14,400 a tonne in London on Tuesday after workers at Antofagasta’s (LON: ANTO) Centinela mine in Chile voted to strike, adding a potential supply disruption to an already tight market. Three-month futures rose 0.2% to $14,446 a tonne on the London Metal Exchange at 12:50 p.m. local time. The metal is on track for a third consecutive …
Continue ReadingKazakhstan and Germany have agreed on a joint roadmap for industrial, technological and raw materials cooperation for 2026-2028, with a focus on critical raw materials, joint production and sustainable supply chains, during today’s meeting in Berlin. According to the press service of the President of Kazakhstan, the roadmap was welcomed by Kazakh President Kassym-Jomart Tokayev and German President Frank-Walter Steinmeier …
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