Rising Metal Prices: London Stock Exchange Reports Increases in Aluminum, Copper, and Zinc

Rising Metal Prices: London Stock Exchange Reports Increases in Aluminum, Copper, and Zinc

Written by Abdel Halim Salem Wednesday, November 08, 2023 03:00 AM Metal prices recorded varying increases London Stock Exchange Especially aluminum ore, which Egypt represents an important source for exporting abroad through national factories alongside the countries of China, Russia, India and Canada, which lead global production and export. The movement of metals is affected … Read more

Rising Gold Prices: Increased Demand as Safe Haven Amidst Middle East Tensions

Rising Gold Prices: Increased Demand as Safe Haven Amidst Middle East Tensions

Gold prices rose with increased demand for it as a safe haven after the escalation of tensions in the Middle East following clashes between Israel and Hamas. The precious metal rose by about 1.2% in early Asian trading on Monday, as markets braced for headwinds and volatility resulting from the major attack that took place … Read more

Declining Metal Prices: China’s Weak Recovery Impacts Global Demand

Declining Metal Prices: China’s Weak Recovery Impacts Global Demand

Metal prices have been significantly impacted by the weak recovery of China’s economy, signaling potential challenges for the global mineral markets. As Asia’s largest economy, China has played a crucial role in supporting the mineral markets for the past few decades, driven by its rapid infrastructure development. However, the country’s slow post-virus recovery suggests that … Read more