June 26, 2025

Copper price surges to highest since March record

US prices jump more than 3%, opening up massive $1,600 per tonne gap between US and LME copper prices with Goldman Sachs predicting more gains to come. 

June 25, 2025

Germany, Italy pressured to repatriate $245B worth of gold from US

Germany and Italy currently hold the world's second- and third-largest gold reserves respectively.

June 25, 2025

Copper price: Chinese smelters ramp up exports, potentially squeezing home market too

Exports at these levels would bring renewed pressure and could potentially tip the Chinese market into backwardation as well.

June 24, 2025

Central banks eye gold, euro and yuan as dollar dominance wanes

According to a report by the Official Monetary and Financial Institutions Forum, one in three central banks plan to increase exposure to gold over the next one-to-two years.

June 24, 2025

German battery production, trade decline; lobby urges action

Market volumes fell 16% in 2024 to a total value of $23.8B, mostly due to weaker demand for lithium-ion batteries.

June 24, 2025

Trump tariffs fan calls by European metal producers for scrap export curbs

Scrap metal exports to the United States nearly tripled in the first three months of 2025 versus the same period a year earlier.

June 24, 2025

Gold price takes a beating on ceasefire news

Gold price falls more than $50 an ounce after Trump's surprise announcement that Israel and Iran had agreed to a complete ceasefire.

June 23, 2025

EU needs rare earths strategic reserves against China threat, commissioner says

Stephane Sejourne said he would launch further tenders this year to promote alternative raw material sources.

June 23, 2025

Copper squeeze deepens as LME stockpiles plunge

Copper is experiencing an historic backwardation as traders react to rapidly falling inventories, potential US tariffs, and a pricing crisis at smelters.

June 23, 2025

Key trader in Trafigura’s nickel nightmare joins Abu Dhabi’s IRH

IRH has been one of the most aggressive buyers of assets in the metals and mining industry in recent years.