Central banks outside the G7 are increasingly turning to gold to protect their economies from mounting debt and geopolitical uncertainty, while Western governments remain reluctant to challenge the US dollar’s dominance, according to Canaccord Genuity Wealth Management senior investment advisor Cam Currie. Currie, who also leads the Currie Metals & Mining Group, said countries are accumulating bullion as concerns grow …
Continue ReadingThe National Council for the Industrialization of Critical and Strategic Minerals met on Thursday (Nov. 5) to approve the Brazilian government’s priority list of critical and strategic minerals. The list includes 27 minerals, classified into three priority levels – high, medium, and low – which will guide the allocation of public policy measures and development resources. The classification was based …
Continue ReadingCopper dropped on Friday and was set for its biggest weekly drop in London since March, as a rout in technology stocks battered markets. Benchmark three-month copper on the London Metal Exchange was down 1.3% at $13,663 a metric ton by 0700 GMT. That placed it on track to fall 3.44% in the week, Reuters said. The most-traded copper contract …
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