The post Copper, Gold And Silver Prices Are Up. Here’s Why. appeared on BitcoinEthereumNews.com. Topline Copper, gold and silver prices have climbed steadily this year as investors hedge against political instability and dollar weakness, and tightening supplies across major metals have added momentum to one of the strongest haven rallies in recent years, reports say. TOPSHOT – Molten copper is prepared at the Canadian Copper Refinery (CCR), owned by Glencore, in Montreal, Canada, on July 17, 2025. US President Donald Trump announced on July 9 that a 50 percent tariff on US imports of copper, a key metal for green energy and other technologies, will take effect on August 1. (Photo by ANDREJ IVANOV / AFP) (Photo by ANDREJ IVANOV/AFP via Getty Images) AFP via Getty Images Key Facts This surge in price is likely due to AI data center buildouts and renewable energy projects tightening copper supplies typically used for electric vehicles and smartphones, per The Wall Street Journal. Concerns that U.S. tariffs could disrupt copper shipments next year are also adding to the metal’s momentum, the Wall Street Journal reports. Meanwhile, U.S. silver futures, which closed last year at $29.24/oz, hit $58.88/oz on Wednesday, marking a 101.4% surge, while gold has also surged by 60.7% year-to-date, per NYME. Both gold and silver demand have climbed as investors seek hedges against political instability, driven by tariffs and the historic government shutdown that ended last month, as well as inflation and a weak dollar, according to Bloomberg. Big Number 304,000 tons. That is the refined copper supply deficit projected for 2025, with even larger shortfalls expected next year, according to consultancy firm Wood Mackenzie, cited by the Financial Times. Read More Source: https://www.forbes.com/sites/martinacastellanos/2025/12/03/copper-gold-and-silver-prices-are-up-heres-why/The post Copper, Gold And Silver Prices Are Up. Here’s Why. appeared on BitcoinEthereumNews.com. Topline Copper, gold and silver prices have climbed steadily this year as investors hedge against political instability and dollar weakness, and tightening supplies across major metals have added momentum to one of the strongest haven rallies in recent years, reports say. TOPSHOT – Molten copper is prepared at the Canadian Copper Refinery (CCR), owned by Glencore, in Montreal, Canada, on July 17, 2025. US President Donald Trump announced on July 9 that a 50 percent tariff on US imports of copper, a key metal for green energy and other technologies, will take effect on August 1. (Photo by ANDREJ IVANOV / AFP) (Photo by ANDREJ IVANOV/AFP via Getty Images) AFP via Getty Images Key Facts This surge in price is likely due to AI data center buildouts and renewable energy projects tightening copper supplies typically used for electric vehicles and smartphones, per The Wall Street Journal. Concerns that U.S. tariffs could disrupt copper shipments next year are also adding to the metal’s momentum, the Wall Street Journal reports. Meanwhile, U.S. silver futures, which closed last year at $29.24/oz, hit $58.88/oz on Wednesday, marking a 101.4% surge, while gold has also surged by 60.7% year-to-date, per NYME. Both gold and silver demand have climbed as investors seek hedges against political instability, driven by tariffs and the historic government shutdown that ended last month, as well as inflation and a weak dollar, according to Bloomberg. Big Number 304,000 tons. That is the refined copper supply deficit projected for 2025, with even larger shortfalls expected next year, according to consultancy firm Wood Mackenzie, cited by the Financial Times. Read More Source: https://www.forbes.com/sites/martinacastellanos/2025/12/03/copper-gold-and-silver-prices-are-up-heres-why/

Copper, Gold And Silver Prices Are Up. Here’s Why.

2025/12/04 08:07

Topline

Copper, gold and silver prices have climbed steadily this year as investors hedge against political instability and dollar weakness, and tightening supplies across major metals have added momentum to one of the strongest haven rallies in recent years, reports say.

TOPSHOT – Molten copper is prepared at the Canadian Copper Refinery (CCR), owned by Glencore, in Montreal, Canada, on July 17, 2025. US President Donald Trump announced on July 9 that a 50 percent tariff on US imports of copper, a key metal for green energy and other technologies, will take effect on August 1. (Photo by ANDREJ IVANOV / AFP) (Photo by ANDREJ IVANOV/AFP via Getty Images)

AFP via Getty Images

Key Facts

This surge in price is likely due to AI data center buildouts and renewable energy projects tightening copper supplies typically used for electric vehicles and smartphones, per The Wall Street Journal.

Concerns that U.S. tariffs could disrupt copper shipments next year are also adding to the metal’s momentum, the Wall Street Journal reports.

Meanwhile, U.S. silver futures, which closed last year at $29.24/oz, hit $58.88/oz on Wednesday, marking a 101.4% surge, while gold has also surged by 60.7% year-to-date, per NYME.

Both gold and silver demand have climbed as investors seek hedges against political instability, driven by tariffs and the historic government shutdown that ended last month, as well as inflation and a weak dollar, according to Bloomberg.

Big Number

304,000 tons. That is the refined copper supply deficit projected for 2025, with even larger shortfalls expected next year, according to consultancy firm Wood Mackenzie, cited by the Financial Times.

Read More

Source: https://www.forbes.com/sites/martinacastellanos/2025/12/03/copper-gold-and-silver-prices-are-up-heres-why/

Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen service@support.mexc.com ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

Edges higher ahead of BoC-Fed policy outcome

Edges higher ahead of BoC-Fed policy outcome

The post Edges higher ahead of BoC-Fed policy outcome appeared on BitcoinEthereumNews.com. USD/CAD gains marginally to near 1.3760 ahead of monetary policy announcements by the Fed and the BoC. Both the Fed and the BoC are expected to lower interest rates. USD/CAD forms a Head and Shoulder chart pattern. The USD/CAD pair ticks up to near 1.3760 during the late European session on Wednesday. The Loonie pair gains marginally ahead of monetary policy outcomes by the Bank of Canada (BoC) and the Federal Reserve (Fed) during New York trading hours. Both the BoC and the Fed are expected to cut interest rates amid mounting labor market conditions in their respective economies. Inflationary pressures in the Canadian economy have cooled down, emerging as another reason behind the BoC’s dovish expectations. However, the Fed is expected to start the monetary-easing campaign despite the United States (US) inflation remaining higher. Investors will closely monitor press conferences from both Fed Chair Jerome Powell and BoC Governor Tiff Macklem to get cues about whether there will be more interest rate cuts in the remainder of the year. According to analysts from Barclays, the Fed’s latest median projections for interest rates are likely to call for three interest rate cuts by 2025. Ahead of the Fed’s monetary policy, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, holds onto Tuesday’s losses near 96.60. USD/CAD forms a Head and Shoulder chart pattern, which indicates a bearish reversal. The neckline of the above-mentioned chart pattern is plotted near 1.3715. The near-term trend of the pair remains bearish as it stays below the 20-day Exponential Moving Average (EMA), which trades around 1.3800. The 14-day Relative Strength Index (RSI) slides to near 40.00. A fresh bearish momentum would emerge if the RSI falls below that level. Going forward, the asset could slide towards the round level of…
Paylaş
BitcoinEthereumNews2025/09/18 01:23