Copper prices are hitting unprecedented records. On Monday, 20 May, the cost of copper on the London Metal Exchange (LME) reached a record nominal high of $11,104 per metric ton. Moreover, as analysts predict, the metal price are anticipated to double .
The main reasons behind copper’s ATH in May
There are several reasons why copper prices are confidently...
In recent months, the price of cocoa has soared to record levels several times, while it has increased by more than 150% since the beginning of the year amid concerns about a reduction in supplies to West Africa.
Today, cocoa prices fluctuate, reaching heights and correcting to lower numbers due to a strengthened dollar. A week ago, cocoa futures priced at ...
The “gold fever” is up and running, with gold being the best-performing precious metal since March. In April 2024, the price of gold hit its new all-time high of around $2,290 an ounce—roughly a $210 increase from December’s record highs.
Gold's shocking yet, to a certain extent, expected surge in price was sparked by underwhelming U.S. economic data. The...
