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Copper Prices Hit Four-year High on Chinese Data

By |2018-01-02T17:46:34-08:00January 2nd, 2018|News|

Copper hit $7,259 per tonne on Wednesday, a level it hasn't reached since January 2014. The red metal could end 2017 up 39 percent. Copper was changing hands at its highest level in almost four years on Wednesday (December 27), on track for its biggest annual gain since 2010. According to the Financial Times, the

Copper Outlook 2018: Analysts Cautiously Optimistic

By |2017-12-18T20:45:36-08:00December 18th, 2017|News|

Market participants were expecting copper to have a bright 2017, and for 2018 most forecasts for the base metal remain bullish. Copper prices climbed in the second half of the year, breaking the $7,000-per-tonne-level, and they have traded in that range since then. A strong Chinese demand forecast, supply worries and speculation supported prices this

Copper Prices Climb Above $7,000 on Chinese Data

By |2017-10-23T20:02:24-07:00October 23rd, 2017|News|

Copper prices hit a fresh three-year high on Monday (October 16), breaking the $7,000-per-tonne mark on positive Chinese economic data.LME copper reached $7,083.50 early in the day as improved manufacturing profits in China signaled robust economic growth in the Asian country. The red metal closed up in London at $7,134, and is now on track for

Gold Price Update: Q3 2017 in Review

By |2017-10-23T20:02:51-07:00October 13th, 2017|News, Uncategorized|

The gold price gained more than 3 percent in the third quarter of the year, even though September was one of its worst months of the year. A weaker US dollar and geopolitical tensions between the US and North Korea supported gold over the quarter. Gains were offset by the US Federal Reserve’s hawkish tone

Silver Price Update: Q3 2017 in Review

By |2017-10-23T20:02:51-07:00October 13th, 2017|News, Uncategorized|

The silver price has underperformed gold so far in 2017, and was up less than 10 percent year-to-date at the end of Q3.The white metal has put on a mixed performance since last year. In 2016, silver fell from over $20 per ounce in September to an eight-month low of $15.63 in December. It recovered

Will Copper Prices Rally Again in Q4?

By |2017-10-23T20:02:51-07:00October 13th, 2017|News, Uncategorized|

Copper prices surged more than 9 percent in the third quarter of the year, supported by a weaker US dollar, a strong outlook for Chinese demand and speculation from investors. The red metal climbed to almost $7,000 per tonne at the beginning of September in a rally seen by many analysts as “overhyped.” And

Copper Market Outlook

By |2017-08-13T02:09:40-07:00August 13th, 2017|News|

A look back at copper trends in 2016, and companies to watch in 2017. The copper forecast for 2017 is bullish — some say it’s because of Trump, while others say it’s more about supply and demand. Here we take a look at copper trends in 2016: how the red metal’s price did, and

Robert Friedland: Copper Will Continue to Outperform Gold

By |2017-08-13T02:21:30-07:00August 10th, 2017|News|

This year’s Sprott Natural Resource Symposium kicked off on Tuesday (July 25) morning at the Fairmont Hotel Vancouver. On day one, the Investing News Network had the chance to attend a presentation by Robert Friedland, founder and executive chairman of Ivanhoe Mines (TSX:IVN,OTCQX:IVPAF). He shared his thoughts on the future of the copper market. In

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