Tags - US

Wednesday 22 January 2025 - 13:27

Tags - US

Gold price climbs as Trump stands by plans for Mexico, Canada tariffs

me-metals: Gold rose as traders weighed the potential implications of US tariffs as well as other policies from President Donald Trump.

News ID: 11686 Publish Date : 2025/01/22

CME precious metals stocks soar on Trump tariff threat

me-metals: Gold stocks in COMEX-approved warehouses have jumped by one-third in the past six weeks as market players sought deliveries to hedge against the possibility of import tariffs from incoming US president Donald Trump.

News ID: 11676 Publish Date : 2025/01/19

Iron ore price hits four-week high on lower shipments, softer dollar

me-metals: Prices of iron ore futures climbed to a four-week high on Thursday, supported by reduced shipments from a major producer and growing expectations of further rate cuts by the Federal Reserve following cooler-than-expected US inflation data.

News ID: 11667 Publish Date : 2025/01/17

Congo courts Saudi mining investors to help curb China dominance

me-metals: The Democratic Republic of Congo, the world’s top cobalt supplier, is courting new mining investors from Saudi Arabia to help it diversify and curb overreliance on companies from China, Marcellin Paluku, a senior government official, told Reuters.

News ID: 11659 Publish Date : 2025/01/15

Lithium prices to stabilize in 2025 as mine closures, China EV sales ease glut, analysts say

me-metals: Lithium prices are expected to stabilize in 2025 after two years of steep declines as shuttered mines and robust electric vehicle sales in China soak up an oversupply, although the potential for mines to reopen may cap gains, analysts and traders said.

News ID: 11657 Publish Date : 2025/01/14

Gold price falls 1% amid rising global yields, dollar

me-metals: Gold prices fell by 1% on Monday amid an increase in global bond yields and continued strength in the dollar, as traders weighed prospects for US interest rate cuts.

News ID: 11655 Publish Date : 2025/01/14

Gold price rises for fourth straight day with US payrolls in focus

me-metals: Gold rose for a fourth day as traders waited for the release of US payroll figures that’ll help to shape the outlook for Federal Reserve policy this year.

News ID: 11644 Publish Date : 2025/01/11

Goldman pushes back $3,000 gold forecast on fewer US rate cuts

me-metals: Goldman Sachs Group Inc. said it no longer sees gold reaching $3,000 an ounce by the end of the year, pushing the forecast to mid-2026 on expectations the Federal Reserve will make fewer rate cuts.

News ID: 11633 Publish Date : 2025/01/07

LME nickel hits four-year low as 2025 opens with eyes on China

me-metals: Nickel hit the lowest level since 2020 and copper steadied near a nine-month low on the first trading day of the year, with investors weighing the impact of a rallying dollar and the scope for additional Chinese stimulus.

News ID: 11629 Publish Date : 2025/01/04

Copper lures buyers as New York futures hover above $4/lb

me-metals: Copper futures edged higher in London and New York as tentative signs of buying interest emerged following a string of losses sparked by growing worries about the strength of global demand.

News ID: 11628 Publish Date : 2025/01/04

Gold price declines as traders await key US economic data

me-metals: Gold erased gains as traders geared up for US economic data that may help them assess the outlook for interest rates in the year ahead.

News ID: 11627 Publish Date : 2025/01/04

White House: decision to block Nippon- US Steel deal was about keeping critical business in American hands

me-metals: US President Biden’s decision to block the sale of US Steel was not about slighting Japan, a key Indo-Pacific ally, but about keeping steel production in the United States, White House National Security spokesperson John Kirby said on Friday.

News ID: 11625 Publish Date : 2025/01/04