Copper Joins the Rally: What the Metal Melt-Up Means for Markets

Metal markets are booming—led by copper joining gold, silver, and platinum in a broad rally. Since the start of the year, gold and silver are each up about 26%, platinum has soared 49%, and copper has jumped nearly 12% following a new 50% import tariff announced by President Trump. But what’s driving this surge, and what does it mean? Three key thoughts emerge: – Metals are rallying even without high inflation, suggesting markets are anticipating something not reflected in official CPI figures. – The new copper tariffs aim to boost domestic production, but could ironically raise costs for U.S. manufacturing […]

Gold Rises as Dollar Weakens and Trade Tensions Simmer

Gold prices climbed Thursday, driven by a weaker U.S. dollar and expectations of future interest rate cuts. Spot gold rose 0.4% to $3,327.42 per ounce, while U.S. gold futures gained 0.5%. The dollar’s pullback made gold more attractive to international buyers, and analysts suggest that Trump’s recent trade moves—like a 50% tariff on copper and new tariff notices to seven countries—are contributing to “dollar-negative” sentiment. Markets reacted calmly to the new tariffs, with global stocks rising, indicating investor fatigue over trade headlines. Meanwhile, the Fed minutes showed most officials are cautious about cutting rates soon due to inflation concerns, though […]