April 8, 2024

Copper price hits fresh 14-month high on supply fears, China optimism

The red metal has rallied about 15% in the last two months. 

April 8, 2024

AI could add 1 million tonnes to copper demand by 2030, Trafigura chief economist says

The surge in demand, driven by AI boom, could exacerbate the copper supply-demand imbalance, according to Trafigura's chief economist.

April 8, 2024

Westgold to buy Karora Resources in $808 million deal

The deal will propel the combined group to become a mid-tier gold miner producing around 400,000 ounces of gold a year.

April 8, 2024

Gold price touches $2,350 on firm central bank demand

For the year, bullion is up by double digits at 13%, despite headwinds from strong US economic data.

April 8, 2024

Perpetua tapped for $1.8 billion loan to develop gold-antimony mine in Idaho

If approved, the loan would be one of Washington's largest investments ever in a domestic mine.

April 8, 2024

Iron ore price nears two-week high on stimulus bets, post-holiday restocking

The most-traded September iron ore contract on China's Dalian Commodity Exchange ended daytime trade 3.19% higher.

April 8, 2024

China’s latest investment frenzy sparks wild swings in gold ETF

The decision came after the fund’s premium over its underlying assets increased to more than 30% as of April 3.

April 7, 2024

Surging gold in Vietnam spurs angst over smuggling

The rise in gold smuggling is fueled by a combination of a lack of official supplies and flight-to-safety demands amid a struggling economy.

April 7, 2024

The gold market hunts for answers behind bullion’s sudden surge

Gold’s run to an all-time high may seem easy to explain given the fractious geopolitical climate. And yet. Take a closer look, and it’s far from clear.

April 5, 2024

Bullish gold wagers swell as funds climb aboard record price run

Net-long positions in US bullion futures and options surged 13% in the week ended April 2 to the highest since 2020.