-
Copper Hits Fresh All-Time High After Fed Delivers Rate Cut
Copper climbed to a fresh record high and most other industrial metals rose, after the Federal Reserve delivered a widely expected interest-rate cut and upgraded its growth forecast for the US economy. Copper advanced as much as 3% to $11,906 a ton in London, surpassing a peak struck on Monday. The US central bank lowered rates for a third straight meeting, but subtly changed the wording of its statement to hint at greater uncertainty around future reductions as it seeks to support growth while keeping inflation under control. The Fed now expects the US economy to grow by 2.3% next year, up from its previous ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From brecorder.com | Dec 11, 2025
Copper prices rose on Thursday as the U.S. Federal Reserve cut interest rates, while continuing outflows to U.S. copper stocks supported worries about tighter supply in the rest of the world. The benchmark three-month copper on the London Metal Exchange rose 0.8% to $11,646 per metric ton by 1044 GMT. Heading for the largest yearly growth since 2009, the ...
From fxstreet.com | Dec 11, 2025
Gold (XAU/USD) skyrockets on Thursday after the Federal Reserve (Fed) cut rates as expected on Wednesday, and even though it hinted at a pause in the easing cycle, it was not an excuse for the rally in precious metals. At the time of writing, XAU/USD trades at $4,278 after bouncing off a daily low of $4,204. On Wednesday, the Fed reduced rates by 25 basis ...
From brecorder.com | Dec 12, 2025
Gold prices held near a seven-week high on Friday, supported by expectations of more interest rate cuts next year after the U.S. Federal Reserve pushed back against hawkish market bets, while silver hovered just below Thursday’s record peak. Spot gold dipped 0.2% to $4,275.44 per ounce by 0236 GMT, but was on track for a 1.8% weekly gain after hitting its ...
