Goldman Sachs upgrades gold forecast again to $3,700
This represents the third time that Goldman upped its forecast for gold this year -- and the most aggressive (+12%) of all.
Surging Chinese scrap copper imports that have doubled in the first half of 2021 are displacing to some extent refined cathode, concentrate, anode and blister imports, with analysis by Roskill predicting the situation to worsen and potentially cripple the copper...
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