Metals trade down, and Vale and Pilbara Minerals step on the gas
Listen now
Description
Precious and industrial metals end the week on a down note, noted mining audiences manager Michael McCrae. On Saturday McCrae recorded Kitco Roundtable. Metals fell after the latest data showed the U.S. housing market underperformed expectations in May, and more investors become spooked about a broader market downturn. In mining news, both Pilbara Minerals and Vale announced big expansion plans.
More Episodes
Financial markets ended the week on strong footing as stocks, gold, and Bitcoin all trended higher, with the S&P besting its previous all-time high by a hair, while gold bulls stampeded their way above $2,700/oz for the first time in history.On Saturday mining audiences manager Michael McCrae...
Published 10/19/24
Copper prices were down 1.7% for the week, but a weekend press conference by China's finance ministry could provide the metal with a lift. On Friday mining audiences manager Michael McCrae recorded Kitco Roundtable. China’s finance ministry holds a Saturday press conference to announce policies...
Published 10/12/24
Published 10/12/24