Roller coaster ride for metals amid the COVID-19 pandemic

Metal prices surged 8.4% in June 2020, following a 3.7% rise in May, driven by a confluence of demand recovery in China and supply concerns in Latin America. However, prices are still 5.2% lower than at the start of the year due to the impact of COVID-19 containment measures. The World Bank Metals and Minerals […]

METALS-Copper steady but virus fears and U.S.-China friction weigh

* Copper close to two-year peak * Analysts see fair price around $6,000 LONDON, July 17 (Reuters) – Copper hovered near its highest in two years on Friday, supported by supply disruptions, though souring U.S.-China relations and rising coronavirus infections kept gains in check. Three-month copper on the London Metal Exchange (LME) edged 0.1% higher […]