Shanghai Metals Market

Gold just hit a record $5,000. What’s driving the surge?

Gold prices surged beyond $5,000 per ounce for the first time late Sunday, as investors rushed to the safe-haven asset as concern spread that US President Donald Trump is upending relations with key ...
Shanghai Metals Market

2025 Zinc Chronicle: Cultivating Internal Strength and Expanding External Outreach to Open a New Chapter for Zinc [SMM Analysis]

Strengthening Foundations at Home and Abroad, Zinc Ushers in a New Phase] In 2025, the zinc industry embraced a new trend of comprehensive development. Domestically, resource security continued to be ...
Shanghai Metals Market

RBC: Gold rally has 'room to run'; sees potential for $7,100

Gold prices have shattered the $5,000/oz barrier, and according to the latest analysis from RBC Capital Markets, the momentum ...
Shanghai Metals Market

Silver Price Forecast: UBS Warns Rally May Be Overheating Above $100

The silver price in US Dollars has surged to fresh record highs, with XAG/USD trading around $109 per ounce, as ...
Shanghai Metals Market

GRAPHIC: Gold price has more room to run, analysts say

Analysts expect spot gold prices, which hit a record high above $5,000 per ounce on Monday, to climb further toward $6,000 ...
Shanghai Metals Market

Copper prices hit another record high, with significant fluctuations in the price spread between futures contracts, and spot cargo transactions under pressure [SMM Shanghai ...

Shanghai spot copper] Tomorrow, in the morning session of the Shanghai spot copper market, suppliers showed strong willingness to hold prices firm, and spot discounts narrowed slightly. Shortly after ...
Shanghai Metals Market

Import Window Rarely Wide Open Spot Trading Recovers [SMM Yangshan Spot Copper]

During the day, due to futures fluctuations, the import window widened significantly, downstream buying interest noticeably recovered, and traders also turned to holding goods to hold prices firm.
Shanghai Metals Market

SHFE tin contract showed a V-shaped trend in the morning session, with macro fluctuations dominating the high-level consolidation of futures [SMM Tin Midday Review]

SHFE Tin Contracts See V-Shaped Movement Within Morning Range, Macro Volatility Leads to High-Level Consolidation] ...
Shanghai Metals Market

Wave of Shutdowns Hits! Electric Furnace Operating Rate Expected to See Seasonal Decline

During the survey period (January 20–January 27), spot prices of building materials weakened this week, electric furnace mill profitability continued to decline, and coupled with increased difficulty ...
Shanghai Metals Market

High Aluminum Prices Suppress Processing Enterprises' Restocking Demand, Overall Market Trading Sentiment Weak [SMM Spot Aluminum Midday Review]

Aluminum prices surged significantly today. High prices suppressed restocking demand from processing enterprises, coupled with intensified environmental protection-driven production restrictions in ...
Shanghai Metals Market

SHFE Tin Contracts Fluctuated in a V-Shaped Pattern Within the Range During the Morning Session, Macro Volatility Dominated High-Level Consolidation in Futures [SMM Tin Midday ...

SHFE Tin Contracts Experienced V-Shaped Fluctuations Within a Range in the Morning, Macro Volatility Dominated High-Level Consolidation in Futures] ...
Shanghai Metals Market

Platinum prices increased significantly during the day, with moderate trading volume in the spot market [SMM Daily Review].

Last night, the NYMEX platinum most-traded contract surged significantly, with the NYMEX platinum 2604 contract ultimately settling at $2,705.1 per ounce, up 6.61%. Today, the most-traded contract on ...