View: Source According to the World Gold Council’s (WGC’s) ‘Gold Demands Trends’ report for the third quarter of this year, total gold demand, including over-the-counter (OTC), grew 3% year-on-year to 1 313 t, the highest quarterly total in its data series. Yet, the WGC says, this was eclipsed by the value measure of demand, which jumped 44% year-on-year to a record $146-billion in the third quarter. …
Continue ReadingView: Source Copper prices edged closer to record highs this week, driven by renewed optimism over an impending trade accord between the US and China and concerns about tightening global supply as major producers face output disruptions. On the London Metal Exchange (LME), copper traded around US$11,029 a ton on Tuesday (October 28) roughly US$80 below the all-time high of US$11,104.50 …
Continue ReadingView: Source News that China and the US have sealed a trade deal that would postpone Chinese restrictions on rare earth exports for a year provides short-term relief for global supply chains. It also highlights a deeper strategic challenge. The US remains heavily dependent on China for rare earths, which are essential to defense, clean energy, and high-tech manufacturing. While the …
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