Shanghai Metals Market

Gold investors are rattled, but the selloff will build a stronger foundation - Metals Focus

Gold’s dramatic pullback amidst its record-setting rally has rattled markets, but according to Metals Focus, the recent turbulence should not be mistaken for the end of the bull market.
Shanghai Metals Market

Eldorado Acquires Furan Mine, LME Copper Fluctuated and Closed Lower Overnight [SMM Copper Morning Meeting Minutes]

LME copper opened at $12,940.5/mt overnight, initially hitting a high of $13,107/mt, after which copper prices trended downward, hitting a bottom of $12,758/mt before fluctuating rangebound, and ...
Shanghai Metals Market

The most-traded SHFE tin contract continued its sharp decline during the night session, while the spot market showed slight recovery stimulated by prices. [SMM Tin Morning News]

The Most-Traded SHFE Tin Contract Extended Its Sharp Decline During the Night Session, While the Spot Market Slightly Recovered Due to Price Stimulation] ...
Shanghai Metals Market

Market Factors Are Mixed, SHFE Zinc Maintains Fluctuating Trend [SMM Zinc Morning Comment]

SMM Zinc Morning Comment] Overnight, the most-traded SHFE zinc 2603 contract opened at 24,975 yuan/mt, initially dipped to 24,615 yuan/mt, then rose to a high of 25,065 yuan/mt as bears reduced ...
Shanghai Metals Market

Macro disturbances were numerous, the US dollar index continued its upward trend, and LME zinc recorded a bearish candlestick [SMM Morning Meeting Minutes]

Macro Factors Create Volatility as US Dollar Index Continues Rising, LME Zinc Records a Bearish Candlestick] Overnight, the LME zinc contract opened at $3,370/mt, fluctuated downward initially to a ...