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Gold Price Retreats Amid Strong US Dollar, Falling US Yields
Following the data release, the CME FedWatch Tool shows odds for a quarter of a percentage point cut in September increased from 55% before the report to 85%.
FXStreet15:06 ET
Touching $10,000 once again! Goldman Sachs sings “Doctor Copper”: Shortage of supply will push copper prices to $12,000 by the end of the year
Copper prices once surpassed 10,000 US dollars per ton, as investors increased their bets on the Fed's interest rate cut, and Goldman Sachs warned that supply pressure would increase.
Zhitong FinanceMay 7 08:34 ET
Jiangxi Copper Co., Ltd. (00358.HK) spent 8.8385 million yuan to buy back 341,500 A-shares on May 7
Gelonghui, May 7, 丨 Jiangxi Copper Co., Ltd. (00358.HK) issued an announcement. On May 7, 2024, it spent 8.8385 million yuan to repurchase 341,500 A shares at a repurchase price of 25.71-26 yuan per share.
Gelonghui FinanceMay 7 04:35 ET
Changes in Hong Kong stocks | Wanguo International Mining (03939) rose more than 7% Goldman Sachs raised its copper price target to 12,000 US dollars/ton by the end of the year
Wanguo International Mining (03939) rose more than 7%. As of press release, it rose 6.71% to HK$7.95, with a turnover of HK$17.3966 million.
Zhitong FinanceMay 7 03:02 ET
Changes in Hong Kong stocks | Gold stocks rose collectively, Shandong Gold (01787) rose more than 3% overnight, gold prices rebounded more than 1%
Gold stocks rose collectively. As of press release, Shandong Gold (01787) rose 3.32% to HK$18.04; Lingbao Gold (03330) rose 3.25% to HK$3.18; and China Gold International (02099) rose 2.73% to HK$48.95.
Zhitong FinanceMay 6 22:05 ET
Jiangxi Copper Co., Ltd. (00358) has repurchased a total of 8.837,900 A shares as of the end of April
Jiangxi Copper Co., Ltd. (00358) issued an announcement. From April 3, 2024 to April 30, 2024, the company...
Zhitong FinanceMay 6 07:42 ET