No Data
Base Metal Prices Slide After Volatile End to Week -- Market Talk
The expectations for tariffs continue to ferment, causing significant fluctuations in Copper within a week.
Recently, the main factors driving the prices of gold and copper are expectations regarding tariffs. In addition to the anticipated 25% tariffs on Canada and Mexico, many Institutions predict that the Trump administration may impose a 10% tax on imported refined copper. Gold and copper prices on COMEX continue to strengthen, especially the premium of copper prices compared to other market prices has rapidly widened, reaching a historic high. On Friday, copper prices fell sharply; on one hand, USA retail data showed significant weakness, and on the other hand, there may be new news about tariffs, causing price spreads to narrow significantly as prices fell, with gold prices also following suit in the correction.
Gold Futures To See Cautious Trading Next Week
Express News | Shares of Precious Metals Stocks Are Trading Lower as Gold and Silver Fall, Possibly Due to a Delay in Tariffs. Also, Trump-Russia Talks May Reduce Safe-haven Asset Demand
Gold remains popular! On Valentine's Day, a visit to the Shenzhen Shuibei market revealed that the price of gold jewelry is approaching 700 yuan, with Volume increasing by 40%.
① Recently, the price of Gold varies each day, and it is expected to rise further. The flow of people and trade volume have increased by about 20-40% since after the holiday; ② After the expectations and price increases, the Gold recycling business has also become more popular.
AngloGold Ashanti (AU.US) will release its Earnings Reports before the market opens on February 19.
$AngloGold Ashanti(AU.US)$ will release its Earnings Reports before the market opens on February 19, and investors should pay attention. What were the previous performances? $AngloGold Ashanti(AU.US)$ recorded revenue of 1.491 billion USD and Net income of 0.234 billion USD with an EPS of 0.53 USD for Q3 2024. For Q4 2023, revenue was 1.256 billion USD, Net income was 35 million USD, and EPS was 0.06 USD. The accounting standards used for the above data are US GAAP. Futubull reminds: 1. Hong Kong stocks, U.S. stocks.
Unlock the Full List
104838493 : Middle East tension escalate will cause higher demand for gold .
D Blaine : “Gold is money. Everything else is credit.” (JP Morgan)
102692757 D Blaine : where jp morgan is one of the biggest issuer of fake products.
Blue Jets : Gold is highly valued in chips industry. AI era will make it more valuable