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LME copper opened at $10,879/mt overnight, initially rising to a high of $10,982/mt before fluctuating downward. Approaching the end of the trading session, it touched a low of $10,787.5/mt and finally closed at $10,822/mt. Trading volume reached 27,000 lots, and open interest reached 342,000 lots, with a decline of 1.25%. The most active SHFE copper ...
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Gold prices hit an all-time high of $2,448.80/oz. on April 12, 2024, on the back of hotter-than-expected NFP, sticky inflation and rising geopolitical risk. These factors attracted inflow of funds as shown by increasing managed money long positions to around two-year high. Despite the pullback towards the end of the month as profit-taking and U.S. dollar ...