Commodity Calls: Week Ending 6 September 2024
Kazakhstan wants to use the uranium they mine, Goldman Sachs cuts bullish copper outlook, and rising adoption of hybrids drive palladium demand. ... By Justin Lin
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Kazakhstan wants to use the uranium they mine, Goldman Sachs cuts bullish copper outlook, and rising adoption of hybrids drive palladium demand. ... By Justin Lin
Libya shuts down 50% of its oil production, BHP downgrades copper demand in 2024, and gold looks to break its “September Curse”. ... By Justin Lin
Gold bounces as Jackson Hole sends dovish signals, uranium rallies on weak projected 2025 output, and Pilbara puts its plans for the ... By Justin Lin
Work resumes after strike at the world’s largest copper mine, money managers are most bullish on gold since 2020, and the US ... By Justin Lin
Weak Chinese oil imports raises alarm, Taiwan shuts down a nuclear reactor, and gold voted best safe haven asset. Join Global X ... By Justin Lin
Chinese copper demand looks to recover, Kazatomprom boosts its uranium output, and investors rush to gold as tensions flair in the Middle ... By Justin Lin
Gold slides on a stronger US dollar, India secures its supply of critical minerals, and oil traders wait for the OPEC meeting. ... By Justin Lin
US oil producers do more with less, China’s third plenum disappoints copper traders, and US presidential chaos to increase gold appeal. Join ... By Justin Lin
Australians change their mind on nuclear energy, BHP suspends nickel mining operations, and Rio Tinto looks to acquire copper miners. Join Global ... By Justin Lin
Tropical storms impact oil output, physical gold is getting harder to find, and France needs more nuclear-qualified workers. Join Global X each ... By Justin Lin
Japan discovers trove of battery metals in the Pacific, US oil producers investigated for collusion, and copper stockpiles show signs of returning ... By Justin Lin
Chinese refineries send copper overseas, India snaps up discounted Russian oil, and US encourages nuclear energy innovation. Join Global X each week ... By Justin Lin
Serbia is set to open Europe’s largest lithium mine, US citizens show love for nuclear energy, and Russia vows to cut back ... By Justin Lin
Crude oil demand rises thanks to jet-setting tourists, the Chinese central bank pauses gold purchases, and copper needs 194 new mines to ... By Justin Lin
OPEC+ sends mixed messages on supply cuts, BHP fails to acquire Anglo American, and gold waits on European Central Bank’s rate decision. ... By Justin Lin
Copper smelters fight for scraps, China buys the dip on cobalt, and OPEC+ looks to extend production cuts on oil. Join Global ... By Justin Lin
US slams ban on Russian uranium, rising rate-cut sentiment buoys crude oil price, and copper experiences the short squeeze of a lifetime. ... By Justin Lin
India secures its lithium pipeline, China starts importing more oil, and improving rate-cut odds buoy copper sentiment. Join Global X each week ... By Justin Lin
Gold rallies on rising geopolitical tensions, crude oil demands a war-risk premium, and copper supply stays lacking. Join Global X each week ... By Justin Lin
US sanctions Venezuelan oil, China cannot get enough gold, and copper touches 22-month highs as industry top dogs meet. Join Global X ... By Justin Lin
Gold rallies on rising geopolitical tensions, crude oil demands a war-risk premium, and copper supply stays lacking. Join Global X each week ... By Justin Lin
Mexico halts crude oil exports, China keeps buying gold, and Goldman gives uranium the stamp of approval. Join Global X each week ... By Justin Lin
Western Australia urged to reconsider uranium bans, US sanctions weigh down crude oil shipping, and gold rises on Fed’s rate cut promise. ... By Justin Lin
Australian rare earth miners get US backing, Congo overtakes Peru in copper output, and gold hits all-time highs as Fed confirms rate ... By Justin Lin
Chinese youth scramble for gold beans, Russian oil refineries are hit in drone strikes, and copper touches 11-month highs on supply concerns. ... By Justin Lin
Gold rallies to all-time-highs, Japanese nuclear plants come back online, and platinum group metal (PGM) miners start to feel the pain. Join ... By Justin Lin
Pilbara Minerals sees an end to lithium’s plight, copper prices could rally 6% on Fed rate cut, and gold edges higher as ... By Justin Lin
Crude oil looks to rise as geopolitical tensions return to the Middle East, precious metals remain dependent on the Fed’s rate-cut narrative, ... By Justin Lin
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