The base metal copper has started 2026 with a strong performance. The price of copper, widely used in wires and cables, rose steadily throughout 2025, reaching a new peak on January 6, 2026. It touched $6.069 per pound on the Comex spot market. This represents a year-on-year increase of 59.63 percent from $3.802 per pound….
A plan that could raise tariffs on India to 500% may be put to a vote in the US Congress as early as next week, three days after the US president threatened to raise them “quickly.” The law requires the President to impose higher charges on nations that trade in Russian goods, one of many…
After two consecutive days of declines, both major benchmarks rose by more than 3% on Thursday. Brent crude is poised for a 2.7% gain this week, while WTI is set for a 1.4% increase. The price increase comes after the U.S. President last week ordered the arrest of the Venezuelan President and stated that the…
Barclays Bank has increased its copper price forecasts for 2026 to 2028; it now expects prices to range from $5.59 to $5.68 per pound. Prices for precious metals have been raised even further. Silver is expected to rise to $75 per ounce in 2026 and $65 in 2027, while gold is projected at $4,550 and…
Three-month copper futures on the London Metal Exchange (LME) have broken the $13,000 per tonne threshold for the first time, setting a new record high. After rising 11% in the last 30 days, the copper return in a year is 40%. In 10 years, the return on copper will be 11% CAGR. After reaching a…
Oil prices declined after the US President announced on Wednesday a deal under which Venezuela would export $2 billion worth of crude oil to the United States, a move expected to expand supply to the world’s largest oil consumer. On Tuesday, the US President said on social media that Venezuela was “going to supply” between…
In the first few months of this year, the FMCG industry in India is predicted to rise by 5%. A Worldpanel survey claims that the industry is seeing a significant uptick because of favorable macroeconomic data. According to Worldpanel’s December FMCG Pulse survey, food inflation is negative, inflation is low, and India’s GDP estimates have…
Gold prices across major Indian cities showed remarkable consistency. Only minor variations were observed due to local taxes, jewellers’ profit margins, and logistics costs. The spot price of gold, which is bought and sold for immediate delivery, was slightly above $4,451 per ounce on January 6. This represents an increase of 0.06 percent from the…
According to the most recent HSBC poll, India’s industrial activity dropped to its lowest level in two years in December, reflecting weaker market conditions and more cautious production tactics by businesses. In December, the seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) dropped from 56.6 in November to 55. The result indicated the slowest…
Gold prices rose in Asian trading on Monday following a US military operation in Venezuela and the arrest of President Nicolás Maduro. Venezuela possesses the world’s largest oil reserves, but years of sanctions and underinvestment have severely hampered production. The US actions increased uncertainty regarding the country’s short-term crude oil supply. For gold, this increased…
