Several major events in metals markets have had and will continue to have tremendous effect on copper, gold and silver markets – Richard Mills
4 Articles
4 Articles
More than $14,850 per ton of copper was the record reached last week at the London Metal Exchange for a delivery contract in three months, before prices fall again. This price record illustrated the fear of the lack of red metal, in a geopolitical context ... Continue reading "Trump maintains suspense if it will impose refined copper tariff and reserves in the US shake the market"
After copper prices hit record highs on Western commodity exchanges, the metal began to lose value: the decline was triggered by reports that the United States might pause the introduction of new import tariffs on the metal
Expectations of new tariffs supported the premium of copper prices on the U.S. COMEX exchange over LME prices, which reached $400–600 per tonne in the summer, and encouraged shipments of the metal to the United States.Experts believe that even...
Several major events in metals markets have had and will continue to have tremendous effect on copper, gold and silver markets – Richard Mills
2026.09.11 Copper prices are dropping sharply this morning because plans for the U.S. White House to impose a 15% tariff on imported refined copper have stalled. Before today’s report, traders were in a mad rush to buy copper and ship it into the U.S. to beat the expected tariff. This panic-buying pushed copper prices to historic highs earlier this week. However, news broke this morning that the administration is hesitating out of fear that the …
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