CAPITAL MARKETS

Gold rises further as copper, nickel gain too

THE gold price moved above US$2040 per ounce as expectations continued to strengthen that the rising US interest rate era is coming to an end, while copper gained on the concurrent weaker US dollar trade and positivity around China stimulus.

Gold rises further as copper, nickel gain too

However, it was nickel that jumped the most, albeit its plus-4% gain was from its lowest price since 2021. The base metal's fall earlier this week below US$16,000/t came against a backdrop of Indonesian...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now
MORE ON THIS TOPIC

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.