Goldman Sounds the China Alarm and Cuts Metals Outlook

Goldman Sounds the China Alarm and Cuts Metals Outlook

Goldman Sachs Group Inc. chopped back its near-term metals forecasts as China’s economy has “decelerated notably,” while balancing that outlook with a prediction mainland policy makers will respond by stoking expansion in the second half, aiding a revival in copper and aluminum.

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MCX Zinc

MCX Zinc Price Below 186 Target 176—163 – Neal Bhai Reports

Gold Silver Reports (GSR) – MCX Zinc settled down 3.06% at 181.95 as pressure continues on an expected surge in refined zinc output after a clutch of new mine openings has been derailed by bottlenecks at smelters across Asia, putting the brakes on an eye-watering price fall.

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