Remember that bounce we saw in most of the metal prices we track last month? Annnnd it’s gone.
The bearish environment our metals are up against resumed this month as the strong dollar erased nearly all of the gains from May. There were some positive outliers, though, with construction showing growth just as the summer building season begins in the US and the Global Precious Metals MMI was able to hold onto its May gains.
Check out the June MMI Report to get details on the fundamentals of all of the markets we track.