Gold Silver Reports — A bunch of news in Copper arena has made the contacts quite intesreting. Speculative activity is on the rise. Grasberg has begun a staged restart of operations. With production of copper concentrate expected to steadily rise as the mine gets back up and running.
Gold Silver Reports — The International Copper Study Group (ICSG) published the latest monthly report showed in December 2016, global copper supply surplus of 17,000 tons, the total shortage of 5,500 tons in whole year, was below the supply shortages of 164,000 tons for 2015.
Gold Silver Reports — COMEX Copper prices slipped around 1% on Monday as worries about demand from top consumer China were reinforced by expectations of ample supplies and higher inventories in exchange-monitored warehouses. Poor speculative buying at elevated prices also remained a concern.
Gold Silver Reports — Silver futures witnessed a mild recovery from lows under $17 per ounce a rebound in Gold futures and a strong undercurrent in Copper prices kept the metal supported.