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The Gold Market in India: Dynamics and Forecast for 2024
The World Gold Council (WGC) recently released a report revealing a 5% decline in gold demand in India during the second quarter of 2024 compared to the same period last year. However, consumption is expected to improve in the second half of 2024 due to a correction...
Falling Nickel Sulphate Prices: An Overview of Market Trends
Nickel sulphate prices in China declined for the second consecutive week on Friday 26 July 2024, reflecting weak demand and falling nickel prices on the London Metal Exchange (LME). Globally, the nickel sulphate price also showed a downward trend for the third...
The Dynamics of Primary Aluminium Imports and Exports in China in 2024
In June 2024, China's primary aluminium imports recorded a monthly decrease of 23.22% but a year-on-year increase of 35.61% to 121,200 tonnes, according to a survey by the Shanghai Metals Market (SMM). This figure represents a significant trend, as the import volume...
Jeddah Becomes New Delivery Point for Copper and Zinc at London Metal Exchange
The London Metal Exchange (LME), the world's largest and oldest metals trading market, recently approved the port city of Jeddah, Saudi Arabia, as a new delivery point for copper and zinc. This move represents a significant step forward for Saudi Arabia in its...