Steppe Gold enters definitive deal to acquire Anacortes Mining

Aluminum prices have stalled this year after a surge of more than 40% in 2021, the biggest rally in more than a decade.

There’s a fight brewing in the lithium market, after a controversial forecast from Goldman Sachs analysts set off a backlash among some of the industry’s most prominent experts.

CRU’s latest forecast calls for global copper demand to rise 2.1% per year to 28.5 million metric tons by 2030.

The dollar index hit a multi-decade peak on Monday.

Metal price fell as a stronger US dollar and renewed worries over demand due to partial lockdowns in China weighed on sentiment.

"Fresh lockdowns and mass testing in Beijing, Shanghai, and now Inner Mongolia is the realization of the ferrous market's worst fears," said Atilla Widnell, managing director at Navigate Commodities.

Gold investment demand should be soaring with serious inflation raging, catapulting gold way higher.

"China remains a big source of uncertainty for global growth," JP Morgan analysts said in a note.

Shanghai will lock down millions of people for mass covid-19 testing this weekend.