Commodity Calls: Week Ending 10 January 2025
Colder winters are supporting oil demand, China becomes the world’s largest cobalt producer, and Trump’s tariffs raise concerns for copper traders. Join ... By Justin Lin
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Colder winters are supporting oil demand, China becomes the world’s largest cobalt producer, and Trump’s tariffs raise concerns for copper traders. Join ... By Justin Lin
The US signs record billion-dollar nuclear power contract, gold contends with less rate cuts in 2025, and Chinese government action inspires oil ... By Justin Lin
The US considers further sanctions against Russian oil, Australia’s Liberal Party pushes for nuclear energy adoption, and gold fluctuates on mixed inflation ... By Justin Lin
The uranium and copper industries continue to attract significant commitments from both private sector investments, including companies like Meta, and government support, ... By Marc Jocum
The copper industry remains in focus with potential M&A activity restarting and record production from Chile, while oil prices retreated last week ... By Marc Jocum
International collaboration to advance nuclear energy initiatives continues to progress, though Australia remains behind. Meanwhile, escalating geopolitical tensions, including the wars in ... By Marc Jocum
The 2024 United Nations Climate Change Conference (COP29) continues this week in Azerbaijan where nations are coming together to work towards global ... By Marc Jocum
Most commodities fell after Donald Trump’s US election victory, but long-term demand from renewable energy, power grid expansion, and data centers remains ... By Marc Jocum
Uranium producers form strategic partnership, the OPEC+ pushes back output increases, and Asian investors snap up gold ahead of the US election. ... By Justin Lin
Biden Administration approves its first lithium project, palladium rallies on possible Russian sanctions, and geopolitical tensions renew crude oil’s risk premium. Join ... By Justin Lin
Precious metals rally as Europe cuts rates, crude oil falls on weak Chinese data, and European countries push for nuclear energy. Join ... By Justin Lin
Korea helps the Philippines with its nuclear reactors, oil prices fall as hopes of ceasefire diminish war risk, and Rio Tinto makes ... By Justin Lin
Uranium boosted by Microsoft-related moves, LNG demand to lift in 2025, and US Fed and job news affects gold prices. Join Global ... By Global X Research Team
Copper bounces on Chinese Policy Blitz, gold hits all-time high on Fed cut expectations, and uranium receives support from major global banks. ... By Justin Lin
Lithium miners go offline in China, oil exports jump in Russia, and Microsoft secures some nuclear power. Join Global X each week ... By Justin Lin
Gold hits a new all-time high on poor economic data, Russia considers restricting uranium exports to the West, and crude oil demand ... By Justin Lin
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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