The Global Precious Metals MMI (Monthly Metals Index) saw a sharp rise in price action, jumping by 14.44%. This comes as all four major precious metals prices spiked in early October. Gold recently notched all-time highs again, while silver briefly hit $54/oz before a steep pullback. Meanwhile, platinum and palladium are also near multi-year highs. […]
Category: Investing Hedging
Copper MMI: Copper Prices Drift Upward Despite Stock Surplus
The Copper Monthly Metals Index (MMI) broke above range, with a 3.7% rise from September to October. This comes as copper prices, along with many other metals, continue to show an upside bias. Copper Joins Other Base Metals in Upward Trend Comex copper prices hit a two-month high, barreling past the 11k per metric ton […]
Copper Titans Unite: Anglo and Codelco Crack World’s Top 5
The copper market recently experienced a significant development that could have big implications for global supply. Metals and mining multinational Anglo American has finalized an agreement with National Copper Corporation of Chile (Codelco) to merge operations at their respective Los Bronces and Andina copper mines, putting them among the top 5 largest sites in the […]
Global Precious Metals MMI: Bulls and Bears Quarrel Over Gold Price Projections
The Global Precious Metals MMI (Monthly Metals Index) finally lost bullish steam and moved sideways, rising only 0.81%. The past month has seen significant swings in precious metals prices. Safe-haven demand drove several metals to multi-year highs in late July, followed by partial pullbacks in August as market winds shifted. Gold and silver, in particular, […]
Copper MMI: LME, Comex Copper Prices Return to Parity, Later Tariffs on Table
The Copper Monthly Metals Index (MMI) moved sideways, rising 1.18% from July to August. This puts the price of copper today just slightly above its April lows. Comex Copper Prices Plummet After Tariff Surprise July proved the most volatile month yet for Comex copper prices. As market surprises often do, the White House’s decision […]
Copper Tariff U-Turn Sends Both Relief, and Shockwaves Through U.S. Supply Chains
In an 11th-hour reversal, the White House has exempted refined copper products, including cathodes, scrap and concentrates, from a looming 50% import tariff. Effective August 1, 2025, copper tariffs will only apply to semi-finished copper goods The surprise exemption caught metal markets off guard and sent U.S. copper prices into freefall. COMEX copper futures plunged […]
Global Precious Metals MMI: Precious Metals Prices Rise as U.S. Buyers Brace for Volatility
The Global Precious Metals MMI (Monthly Metals Index) rose by 6.18% month-over-month. The past 30 days have seen precious metals prices climb steadily, underscoring a volatile commodities environment for U.S. manufacturers and metal buyers. Gold remains near record highs, while silver, platinum and palladium each enjoyed strong rallies from mid-June to late July. These moves […]
Global Precious Metals MMI: Prices See Rally & Gold Close to New Highs
The Global Precious Metals MMI (Monthly Metals Index) saw a strong rally from mid-May to mid-June. Precious metals prices like gold, silver, platinum and palladium all climbed on a potent mix of safe-haven investment flows and robust industrial demand. Geopolitical tensions, notably the recent flare-up in the Middle East between Israel and Iran, have only […]
Copper MMI: Copper Prices Stable, but Volatility Looms
The Copper Monthly Metals Index (MMI) moved sideways, rising by a modest 1.45% from May to June. Though copper prices today appear mostly stable, significant opportunity for volatility remains. Copper Prices Open June With Uncertainty Comex copper prices appeared surprisingly stable in the first weeks of June as they took a pause from the heightened […]
Copper Market Outlook, H2 2025: Why Are Inventories Still So Uneven?
The copper market outlook for the second half of 2025 has seen significant debate in recent weeks. On the supply side of the equation, new production is coming online. However, this may not happen fast enough to flood the market. According to mining.com, the ICSG projects global mined copper output will rise about 2.3% in […]