Copper prices have climbed to a fresh all-time high above $12,000 a metric ton, putting the industrial metal on track for its strongest annual performance since 2009. The rally has been driven by a ...
(Bloomberg) -- Copper retreated from the previous session’s record high after the Federal Reserve tempered rate-cut expectations, helping to boost the US dollar. Fed Chair Jerome Powell warned that ...
July saw extreme volatility in Comex copper prices, peaking 41.74% above January levels before a 24.56% collapse following tariff exemptions. The White House’s unexpected tariff adjustment removed ...
Last week saw the price of copper drop slightly, pressured by increasing expectations of a reduction in interest rates by the Federal Reserve and a firmer dollar. On the London Metal Exchange, ...
Copper traded just below its highest close since May 2024 as traders prepared for the US Federal Reserve to cut interest rates for the first time since Donald Trump returned to the White House. Base ...
First Quantum Minerals Ltd. is rated Hold due to overvaluation, constrained production outlook and hedging. Learn more about ...
JP Morgan expects the global deficit in refined copper to grow to 160,000 metric tons in 2026 and continues to forecast copper prices averaging around $11,000 per metric ton next year, the bank said ...
1331 GMT – Copper prices shoot to a new record, boosted by the Federal Reserve’s interest-rate cut this week and hopes for further easing next year. Futures on the London Metal Exchange trade at ...
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Copper Hits $12,000 a Ton. Time to Mine Freeport-McMoRan for More Profits?
Freeport-McMoRan (NYSE:FCX) shares rose 3% yesterday to close at $50.64 per share, putting them just 8% below the May 2024 high of $54.86 and about 16% shy of the company’s all-time high just above ...
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