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AI will nearly double demand for copper, which is already facing a global shortage

Mining giant BHP sees copper demand reaching 52.5 million tons a year by 2050, making worse an ongo…

Filip De Mott   


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Gold, silver rally, crude volatile while copper at two-month low: Choice Commodity Report

The Multi Commodity Exchange of India (MCX) Gold July contract saw a modest increase of +0.86 per c…

ANI   


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Copper prices will extend records and surge another 288% in the coming years, top trader says

"We are moving towards a doubling of demand growth for copper due to the electrification of the wor…

Filip De Mott   


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The real reason for copper's record-shattering rally, according to one trading firm

Copper's supply-demand imbalance isn't enough to justify its record price near $11,000, Trafigura s…

Filip De Mott   


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A $10 billion Panamanian copper mine has been sitting idle since November - and it's part of why the metal's price is surging

First Quantum's mine was shut down because the company couldn't reach a new tax deal with the Panam…

Filip De Mott   


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A major copper miner thinks it's got a way to turbocharge output without having to open new mines

Freeport-McMoRan CEO Kathleen Quirk told Bloomberg it's developed a way to boost copper without ope…

Filip De Mott   


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Hindalco Q1 profit rises 25% Rs 3,074 crore on operational efficiencies, lower input costs

Total income during the quarter under review rose to Rs 57,437 crore, over Rs 53,382 crore noted in…

PTI   


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Hindustan Copper Q1 net profit rises two-fold to ₹113.40 crore

The consolidated income of the company during the April-June period rose to Rs 500.44 crore ove…

PTI   


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3 reasons why buying copper right now is the best trade one commodity expert has ever seen

Jeff Currie said copper could gain over 45% in the next few years: "It is the most compelling trade…

Filip De Mott   


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Legendary investor Stanley Druckenmiller says copper is a great bet for the next 6 years because EVs, data centers, and missiles all depend on it

"These missiles all got enough copper in them and the world's getting hot that we just think the su…

Matthew Fox   


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Gold prices are at yet another record high. That means rate cuts are coming soon.

Gold isn't the only metal that has surged in recent days. Copper and silver have also seen sharp pr…

Filip De Mott   


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3 reasons to pile into gold with the metal poised to rally in 2025, according to Goldman Sachs

"Gold offers significant hedging value to portfolios against geopolitical shocks including tariffs,…

Matthew Fox   


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A Jeff Bezos- and Bill Gates-backed metals company has discovered a massive copper reserve in Zambia

The California-based company, KoBold Metals, said the reserve will be the "world's biggest high-gra…

Aruni Soni   


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Investors see record-setting gold prices as the most overvalued in nearly 4 years amid dimming recession fears, BofA says

Surveyed investors are at their most bullish in two years, with 78% considering a global recession …

Filip De Mott   


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3 mins read

It's not just gold. Commodities from copper to cocoa are seeing huge gains in 2024.

"This is your classic late-cycle rally in commodities," Carlyle's Jeff Currie told CNBC, as raw mat…

Filip De Mott   


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Stock market today: US stocks trade mixed ahead of key May jobs report

GameStop spiked after more activity from Keith Gill's social media accounts. Traders will parse non…

Max Adams   


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A key economic bellwether just fell into a bear market - and it's happened before every recession in the last 30 years

The price heading for its worst quarterly performance since March 2020, when the coronavirus pandem…

Zahra Tayeb   


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Copper prices could soar 33% in the next year as global inventories hit lowest since 2008, top metals trader says

China's reopening and renewable-energy industries are accelerating demand, and prices may rise to $…

Filip De Mott   


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Stanley Druckenmiller slashed his Nvidia stake by 72% last quarter as the stock nearly doubled

Druckenmiller's biggest trade last quarter was a $664 million bet on small cap stocks via call opti…

Matthew Fox   


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Stock market today: Dow hits 8-day winning streak ahead of key inflation report

US stocks jumped on Friday despite some hawkish-leaning comments from Fed officials that suggested …

Matthew Fox