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Expert Outlook: Royal Gold Through The Eyes Of 4 Analysts
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Delivery concerns reoccur! The near-month copper price differential is once again on the rise.
Summary: The COMEX copper price curve has shifted downwards from before, and the curve has further converged in the near term, but the monthly difference in the near term has risen again. Currently, there are only two weeks left before the delivery of the July contract, but there is still no sign of delivery, and the holding position of the July contract is still relatively high. In addition, the continuous depletion of COMEX copper inventory is currently less than 10,000 tons, so the near-term price difference has widened again, reflecting the market's concern about the upcoming delivery. The next two weeks will be critical. Key insights: 1. Last week, precious metals and copper prices fluctuated.
103370157 : it's a guessing game . is the sudden big spike due to middle East geopolitics involving Iran or real big purchase due moving away from USD
amiable Llama_6295 : [Thumbs Up] sandstorm is my pick![undefined undefined](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
72901465 : I like people show me on
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74501573 72901465: https://www.moomoo.com/community/feed/112258506424325?share_code=00S4QM
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