Energy prices surge, base metals hold steady

  Рет қаралды 57

Miningcomau

Miningcomau

Күн бұрын

Energy prices are climbing, and base metals continue to show strength. Shae Russell breaks down the latest trends in the market, including rising coal and crude prices, and what’s driving copper and tin demand.
Key topics discussed:
Gold dips to $2,640 as Fed rate cuts are ruled out for November.
Base metals remain strong, with copper at $4.50 per pound and tin hitting a 3-month high.
Newcastle coal futures reach a 12-month high amid supply disruptions.
Brent crude rises 8.4%, hitting $80 per barrel due to increased tensions in the Middle East.
Plus, insights into the BHP Xplor program and its call for new explorers.
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