-
Goldman Warns Copper's Parabolic Breakout Lacks Stability
Copper futures on the London Metal Exchange opened the week with a breakout to new record highs (see report). On Wednesday, we highlighted a Goldman note detailing the "circular melt-up" mechanics driving the move higher. By Thursday, a separate Goldman analyst was cautioning clients that the parabolic move above $11,000/ton is unlikely to last. At 6:30 ET, LME copper futures hit a fresh record at $11,575/ton, driven by a scramble to move metal into the US warehouses ahead of potential Trump-era import tariffs and a burst of demand from Asia. The combination has intensified global tightening fears amid soaring AI ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From morningstar.com|Dec 4, 2025|2 commentsThe number of people who applied for unemployment benefits around the Thanksgiving holiday fell to a more than three-year low, reinforcing the view that businesses are mostly ...
From dol.gov|Dec 4, 2025|93 commentsIn the week ending November 29, the advance figure for seasonally adjusted initial claims was 191,000, a decrease of 27,000 from the previous week's revised level. This is the ...
From fxstreet.com|Dec 4, 2025Gold (XAU/USD) holds steady on Thursday, moving quietly within the $4,160-$4,260 range as investors adopt a wait-and-see approach ahead of the Federal Reserve’s (Fed) monetary ...
-
- Newer Stories
From deriv.com|Dec 4, 2025Gold’s pullback has gathered momentum this week, challenging a market that has rarely paused during its record-setting climb this year. Spot prices slipped to about $4,190 per ...
From breakingthenews.net|Dec 4, 2025|1 commentFactory orders in the United States rose 0.2% in September from the previous month to $612.6 billion, a new report from the Census Bureau said on Thursday. New orders for ...
From perthmint.com|Dec 4, 2025The Perth Mint sold 66,710 troy ounces (oz) of gold and 875,487 oz of silver in minted product form during November 2025. Opening the month around USD 4,000, gold edged higher in ...
- Story Stats
- Dec 4, 2025 8:45am Posted byFundamental Analysis212
- Instrument:
