January 13, 2023

Column: Base metals start the new year with depleted inventory

The LME global warehouse network held 654,345 tonnes of metal at the end of December, less than half the tonnage registered at the close of 2021.

January 13, 2023

LME data entry error showed copper price down 77% in latest glitch

While the final price in the trading ring was set at $9,130 a ton, the LME’s external data feed showed a price of $2,130.

January 13, 2023

Gold price above $1,900 on prospects of slower Fed rate hikes

Data on Thursday showed that US consumer prices fell for the first time in more than 2-1/2 years in December.

January 13, 2023

Copper price down after rapid rally

Copper prices paused their rally on Friday but were set to end the week with a 6.6% gain.

January 13, 2023

Dalian iron ore hits 17-month high on China demand optimism

Global supply concerns are also boosting iron ore prices.

January 13, 2023

Copper exporters to benefit from China reopening, AllianceBernstein says

Global markets have yet to price in fully the reopening of China and copper exporters are set to benefit from it.

January 13, 2023

Indian gold prices hit record high, dampening demand

Local gold futures rose to 56,245 rupees per 10 grams, surpassing the previous record of 56,191 rupees hit in August 2020.

January 12, 2023

Maverix says shareholders approve deal with Triple Flag

Shareholders of Maverix will receive either $3.92 per share in cash or 0.360 of a common share of Triple Flag.

January 12, 2023

And the winner for most volatile commodity this decade goes to…lithium

Investors in the small, fast growing market for lithium can be forgiven for feeling whiplash – the battery metal was also the worst performer – by a long shot –…

January 12, 2023

JPMorgan may move into precious metals clearing in Zurich

The lender may begin to offer to settle its clients’ trades using metal located in Zurich, according to people familiar with the matter.