Gold Silver Reports – Kobe Steel Co. Ltd. said on Sunday that it had falsified data related to strength and durability of some aluminum and copper parts products to make them look as if they met client quality standards.
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Copper May Enter Corrective Phase
Gold Silver Reports — Copper May Enter Corrective Phase — Copper prices have been in a tremendous rally since bottoming out at around Rs.354 in early May, prices have since gained over 27% to reach a high of Rs.451.35 today.
Best Run in 11 Years Beckons for Metals as China Drives Rally
Gold Silver Reports — Industrial metals including copper and aluminum are heading for the longest run of weekly gains in London in more than a decade on investor optimism driven by China, with demand holding up in the largest user just as policy makers press on with reforms that should curb supply.
MCX Copper Intraday Trading Key between 412-430
Gold Silver Reports — Technically Copper market is getting support at 416 and below same could see a test of 412 level, And resistance is now likely to be seen at 428, a move above could see prices testing 430.
Copper Goes Red Hot as Prices Rally to Two-Year High on China
Gold Silver Reports — Copper surged to the highest level in more than two years, lifting shares of producers including Glencore Plc, on expectations that demand in China will fuel a global shortage, with plans in the country to curb metal-rich waste imports reinforcing a bullish outlook.
Top Peru Gold Miner to Weigh Copper Growth If Recovery Extends
Gold Silver Reports — Peru’s biggest precious-metals producer will consider taking a deeper dive into copper if prices of the industrial metal keep rising.
Copper-Nickel-Aluminium-Zinc Under Short Covering
Gold Silver Reports — Copper MCX is getting support Key 380 and below same could see a test of 377 level, And resistance Key is now likely to be seen at 386, a move above could see prices testing 389.