71 min listen
Another excellent week for copper and gold
ratings:
Length:
3 minutes
Released:
Apr 7, 2024
Format:
Podcast episode
Description
Gold jumped another 5% this week with June gold futures hitting $2,350 an ounce.On Saturday mining audiences manager Michael McCrae recorded Kitco Roundtable. Copper was also on fire, which were up 4.6% for the week to close above $4.20. The copper miners are up 20% year to date and trading at a 52 week high. Gold miners are up just 10% year to date, according to the GDX. U.S. job growth blew past expectations in March and wages increased at a steady clip. However the strong job numbers suggest that the Federal Reserve will put off a rate hike to later this year.
Released:
Apr 7, 2024
Format:
Podcast episode
Titles in the series (100)
Copper reaches tipping point: With copper hitting a multi-year high, copper projects can start moving into the development phase, said Ashley Heppenstall, director at Lundin Mining and chair of Joemaria Resources. On Friday Heppenstall joined editor Neils Christensen, correspondent Paul Harris and mining audiences manager, Michael McCrae to record Kitco Roundtable. by Kitco NEWS Roundtable