Latest Updates Around The World
Even as gold and silver break records almost daily with new all-time highs, Gurmeet Chadha, Managing Partner & CIO at Complete Circle Consultants, warns investors not to go overboard with commodities, calling them more complex than currently thought, with much longer cycles than equities. The comments came in response to comparisons now being made between […]
Copper hit $11,000 a tonne on Thursday, a milestone not seen for 16 months as investors piled into the metal after a series of mine supply disruptions sparked fears of shortages, while aluminum hit a more than three-year high. The benchmark three-month copper on the London Metal Exchange rose 3.1% to hit the $11,000 mark, […]
Global copper prices are boiling after the production in Grasberg came to a halt. The world’s second largest copper mine in Indonesia that caused the fear of a deep supply crisis in a market that is already struggling to keep up with increasing demand. According to reports, BMO Capital Markets noted that the provisional 35% […]
