-
Copper bounces on prospects for support for Chinese property sector
Copper prices rebounded on Wednesday, moving back towards record levels, on hopes for more stimulus in top metals consumer China, especially for its battered property sector. Benchmark three-month copper on the London Metal Exchange gained 1.2% to $11,626 a metric ton in official open-outcry trading after easing by 1.3% on Tuesday and having hit a record peak of $11,771 a day earlier. Shares in China’s property sector surged on Wednesday amid market rumours that the government was planning a 400 billion yuan ($56.63 billion) government mortgage subsidy package. The property sector is a major consumer of copper and ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From kitco.com|Dec 10, 2025Strong central bank purchases, ongoing U.S. dollar depreciation, additional Fed rate cuts, and continued geopolitical uncertainty will propel gold prices beyond their current ...
From msn.com|Dec 10, 2025Gold prices reversed course to rise on Wednesday after the Federal Reserve’s rate cut, though uncertainty over next year’s policy outlook persisted, while silver hit an all-time ...
From @financialjuice|Dec 10, 2025|1 commentTrump comments on the Fed chair selection process: I am meeting with Warsh today. *TRUMP: OUR INTEREST RATES SHOULD BE THE LOWEST IN THE WORLD
-
- Newer Stories
From thegoldforecast.com|Dec 10, 2025Gold futures reversed earlier losses following the Federal Reserve's 25-basis-point rate cut announced at 2:00 PM ET. The yellow metal surged $35 in the hour after the decision, ...
From abs.gov.au|Dec 10, 2025Key Statistics: In trend terms, in November 2025: unemployment rate decreased to 4.3%. • participation rate remained at 66.8%. • employment increased to 14,677,700. • employment ...
From scotiabank.com|Dec 10, 2025|2 commentsHappy Holidays. The FOMC wants to wish you a very merry year-end. They pulled off a dual rally in bonds and equities by putting significantly more balance sheet in everyone's ...
- Story Stats
- Dec 10, 2025 5:00pm Posted byFundamental Analysis175
- Instruments:
