The copper market is so tight that spot contracts traded at the biggest premium over futures in at least 27 years in London.
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Copper Set to Rule Around $10,000 a Tone in The Short-Term | Neal Bhai
Copper prices are set to rule firm around $10,000 a tonne in the short-term as inventories have hit a record low following production cuts in the wake of power crunch in Europe and China despite a drop in manufacturing activities.
Copper MCX Analysis : Copper Above 795 Target 818——838 | Neal Bhai
Copper is continuing a steady march higher despite the US Dollar strengthening today. It is approaching all-time highs on a run down in inventory, as energy costs hinder production capacity. After rallying 10% last week, Comex futures are trading 1% higher in Asia ahead of the London Metals Exchange (LME) opening.
Spot Gold: Strong Resistance Key Level at $1795 | Neal Bhai
Gold prices moved slightly lower overnight after mixed US economic data. The Federal Reserve reported a sharp drop in US industrial production for September.
Gold Price Today Shines as US Dollar Sinks | Neal Bhai
Gold Price Today: The price of gold moved higher as the US Dollar sold off post US CPI yesterday. The headline CPI number was only marginally higher than expectations, clocking in at 0.4% m/m for September against 0.3% anticipated. The Core CPI print was in line at 0.2% m/m.
MCX Gold Silver Buy Call Hit : Paid Member Mint Tons of Money | Neal Bhai
MCX Gold Silver Buy Call Hit : All Paid Member Mint Tons of Money (Screen Shot), Rona Mana Hai…. Trade With Neal Bhai MCX Guru. Diwali Special Offer 2021 – Neal Bhai — Gold Silver Reports
Gold Loan Lenders To Grow Credit At 18-20% In FY22: Crisil
Gold Loan: Shadow lenders that offer loans against gold will likely see their asset size grow by 18-20% to Rs 1.3 lakh crore ($17.2 billion) in the year to March 31, Crisil Ratings said in a note.