Gold is trading at a premium

With the coronavirus pandemic and the steep correction in the equities markets earlier in the year, investors are flocking towards safe-haven assets such as Gold and Silver. The market is seeing precious metal demand at multi-year highs. With the coronavirus lockdowns spreading worldwide, the supply chain of precious metals has been severely impacted. Many mining…

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Copper production to fall 7% as pandemic weighs

Industry giants expect world copper production to fall by approximately 7% in 2020-2021. The anticipated fall in volumes is due to impacts from a reduction in workforce-related to COVID-19 restriction measures. Copper Prices Continue to rise, and prices extend rally driven by steady Chinese demand and supply disruptions. ImpTrax Forward Price Curve predicts the copper…

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