As the US dollar weakens, the prices of industrial metals rise.

London copper futures prices have recently slightly increased, mainly due to the dual impact of the weakening of the US dollar and the expected reduction in production of Chinese smelters.

Zhitong FinanceJul 17 08:58 ET

Huili: bullish on gold's performance in the second half of the year, a chance to buy in on a dip to $2300.

Zhao Shande said that from a technical perspective, any pullback to the strong resistance at $2300 can provide a good buying opportunity for investors, reflecting that gold has a certain defensive capability.

Zhitong FinanceJul 16 23:36 ET

National Bank Maintains Hecla Mining(HL.US) With Buy Rating, Raises Target Price to $8

National Bank analyst Mike Parkin maintains $Hecla Mining(HL.US)$ with a buy rating, and adjusts the target price from $7 to $8.According to TipRanks data, the analyst has a success rate of 41.0%

Moomoo NewsJul 16 22:31 ET · Ratings

"Rate cut trade" and "Trump trade" double blessing: Gold prices approach historic highs.

The market's expectation of a rate cut in September has pushed up the price of gold, while the failed assassination attempt on Trump has further boosted demand for metals as a safe haven.

wallstreetcnJul 16 10:37 ET

MetalsFocus: The US dollar is expected to continue to remain strong, and precious metals prices may retreat moderately during the summer.

MetalsFocus pointed out that due to the interest rate differential still benefiting the US dollar, the US dollar is expected to continue to remain strong in the near future. In addition, considering the relatively fast rise in precious metal prices over the past three months, precious metal prices may experience a moderate pullback during the summer.

Zhitong FinanceJul 16 01:57 ET

Ubs Group: Gold still has room for growth, but silver will perform better.

With the call for a rate cut growing louder, international gold prices have regained their upward momentum after a brief slump in the summer. UBS, which predicted that gold will rise to $2,700 next year, reiterated its bullish outlook on gold. However, UBS expects silver to outperform gold and have a greater potential to beat the market.

wallstreetcnJul 15 04:26 ET