Gronghui December 17 | Nonferrous metals plate rose collectively, of which Minmetals Resources rose 10%, Jiangxi Copper, Lingbao Gold rose 4%, Zijin Mining Group rose nearly 4%, Chinalco International, China Nonferrous Mining, Aluminum Corporation Of China Ltd, United, China Hongqiao rose 2%.
On the face of the news, the US Federal Reserve Bureau released a hawkish signal that the dollar fell back to a two-week low, base metals rose for the first time in two weeks, Len aluminum rose 3.2%, Lunzn zinc rose more than 5%, and Lenny rose 2.75%. In addition, production has been temporarily suspended because one of Peru's largest copper mines failed to quell community protests, copper prices have soared, and Lun copper, which has fallen for five days, has rebounded strongly, rising more than 3% a day for the first time in more than two months. Gold rose nearly 2% a day for the first time in more than two months, testing the $1800 mark, while palladium rose the most since March 2020.
On the face of the news, the US Federal Reserve Bureau released a hawkish signal that the dollar fell back to a two-week low, base metals rose for the first time in two weeks, Len aluminum rose 3.2%, Lunzn zinc rose more than 5%, and Lenny rose 2.75%. In addition, production has been temporarily suspended because one of Peru's largest copper mines failed to quell community protests, copper prices have soared, and Lun copper, which has fallen for five days, has rebounded strongly, rising more than 3% a day for the first time in more than two months. Gold rose nearly 2% a day for the first time in more than two months, testing the $1800 mark, while palladium rose the most since March 2020.