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Ole Hansen

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Situations

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Copper prices hit record highs amid supply and smelting woes

30 clusters · 124 sources · last updated

Latest: Copper prices face volatility amid inflation and smelting margin collapse

Copper prices reached historic highs in September 2026, with LME 3-month contracts exceeding US$14,500–$14,800 per tonne. This surge is driven by a structural market deficit caused by declining ore grades and rising dema

[ACTIVE] [BUSINESS] [US] [CN] [DE]

Gold prices hit 27-year record high amid rapid surge

7 clusters · 68 sources · last updated

Latest: Gold ETF inflows surge amid central bank reserve shifts

Gold prices reached a historic peak of $4,697 per ounce in August 2026, marking the fastest monthly surge of approximately 15% since September 1999. This rally is supported by significant ETF inflows and central bank act

[QUIET] [BUSINESS] [US] [VN] [CN]

Gold prices fluctuate amid Fed signals and employment data

21 clusters · 449 sources · last updated

Latest: Gold prices drop following Federal Reserve Chair's Jackson Hole speech

Gold prices continued to face volatility following the September 9 PPI report, pressured by a strengthening U.S. dollar and rising Treasury yields. As market participants increasingly price in the possibility of sustaine