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Wheaton Precious Metals Corp. Stock Falls Monday, Underperforms Market
Gold Slips Amid Higher Bond Yields, Uncertainty on Fed Rate Path
Analyst Explains Why Gold Prices Are at 'a Critical Juncture'
With 75% Ownership, Wheaton Precious Metals Corp. (TSE:WPM) Boasts of Strong Institutional Backing
Canadian Stock Movers for Monday | Nutrien Ltd Was the Top Gainer; Agriculture Led Gains
With the inflation expectations strengthening, gold prices are rising, and the Copper LC price difference is widening again.
Last week, the market continued to move toward the narrative of strong economic resilience, a solid labor market, and increasing re-inflation expectations, with both gold and copper strengthening. Initially, there were concerns in the market about Trump imposing tariffs on refined copper imports, which widened the price gap between COMEX copper and other regions, and the rebound in COMEX copper prices was particularly pronounced. Subsequently, crude oil rebounded sharply due to concerns over the USA's sanctions on Iran, coupled with strong non-farm payroll data on Friday and hawkish statements from Federal Reserve officials, leading to a continued reduction in market expectations for interest rate cuts from the Federal Reserve this year.
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