TD Securities pointed out that Trump's tariffs could have a huge impact on precious metals prices, but more importantly... click to view...
On January 22nd, Critical Metal Corps, a key metals miner in the United States, said it plans to start allocating its excess reserves to BTC, a decision that has been approved by its board of directors. According to the company's announcement, it may have access to a pool of $500 million, which will be used as part of a convertible note financing led by JBA Asset Management, subject to the terms contained in the transaction documents...
Precious metal futures dived short-term, and the main contracts of Shanghai gold and Shanghai silver all turned from rising to falling.
The president of El Salvador has submitted a bill to Congress to overturn the ban on metal mining.
The main contracts of precious metals collectively fell, with Shanghai gold and Shanghai silver falling by more than 1%. Shanghai gold reported 611.48 yuan/gram; Shanghai silver reported 7756 yuan/kg.
LME non-ferrous metals analysis, through the analysis of the fundamentals of copper, nickel, zinc, aluminum, lead, tin, and technical indicators such as moving averages, MACD, RSI, etc., to interpret the current market conditions and provide support/resistance and target reference.
The main contract of precious metals rose in the short term, with Shanghai silver rising by more than 1%, now reported at 7760 yuan/kg; Shanghai gold rose by 0.6%, now reported at 619.06 yuan/gram.
The Russian government announced on November 23 that it will temporarily ban the export of scrap precious metals from December 1, 2024 to May 31, 2025.
Class A share of energy metal plate changes pull up, Wei Ling shares, Ganfeng lithium industry limit, mining resources, Tianli lithium energy, Yongxing materials, Tianqi lithium industry and so on up.
The main contract for non-ferrous metal futures expanded, with Shanghai tin falling by more than 3%, international copper, alumina, and Shanghai copper falling by more than 2%, and Shanghai aluminum, Shanghai lead, and Shanghai nickel falling by more than 1%.
Gold Ten Futures, November 11th, the relevant person in charge of the China Nonferrous Metals Industry Association answered a reporter's question on the current alumina market: We believe that there are irrational factors in the price trend of alumina, and the excessive speculation of capital is obvious. According to the current cost and price estimates, the average profit of the alumina industry is more than 2,000 yuan/ton, which is unsustainable and should not be sustainable. First, it is hope...
Gold Ten Futures, November 6th news, first of all, Trump's policy of large-scale tax cuts, its fiscal stimulus is relatively strong, will raise the government deficit level. It may exacerbate inflationary pressure, double easing in fiscal and monetary policies, and the US inflation center may rise, which is relatively good for non-ferrous metals. The Trump administration emphasizes "America First" and the return of manufacturing, supporting the demand for non-ferrous metals and other raw materia...
LME non-ferrous metals analysis, through the analysis of the fundamentals of copper, nickel, zinc, aluminum, lead, tin, and technical indicators such as moving averages, MACD, RSI, etc., to interpret the current market conditions and provide support/resistance and target reference.
Non-ferrous metal futures continued to decline, Shanghai copper turned from rising to falling, Shanghai lead fell by nearly 1%; Shanghai aluminum, Shanghai zinc, and Shanghai tin rose by less than 0.5%, having all risen by more than 1%; Shanghai nickel rose by 0.66%, having risen by nearly 3%.
Class A shares of non-ferrous metals continued to strengthen, the northern copper industry, Huayu mining, Xiamen tungsten industry and other sealing plate limit, Huaxi non-ferrous metals, medium color shares, Tibet mining and so on rose.