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Copper prices closed higher on June 16, 2025, with official market data showing the front-month COMEX contract settling at $4.8265 per pound, up 0.49% on the day.This marked the largest one-day portion gain since June 9, though copper stays 7.47% below its March record high. The rate is up 21% year-to-date, showing a market still shaped
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Read more: Copper Market Balances Surplus Fears Against Firm Technical Support
Write comment (97 Comments)Official sources and trading charts confirm copper rates remained rangebound over the last 24 hours, as the market well balanced consistent supply surpluses against ongoing tariff uncertainty.On June 16, 2025, the LME money settlement rate stood at $9,779 per tonne, with inventories at 116,850 tonnes. COMEX copper closed at $4.8645 per pound, up 1.14%
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Read more: Copper Market Holds Steady as Surplus and Tariff Fears Dominate Trade
Write comment (95 Comments)Oil costs surged on June 15 after a sharp escalation in Middle East stress, but the rally lost momentum as markets got in a combination phase.Official cost charts for Brent and WTI reveal that both criteria increased to multi-month highs late last week, then failed to extend gains overnight. Instead, rates wandered lower, with Brent slipping
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Read more: Oil Rally Stalls as Brent and WTI Enter Consolidation After Geopolitical Surge
Write comment (97 Comments)TradingView charts published June 16, 2025, expose Bitcoin made progress over night, with prices increasing but still fulfilling resistance from key moving averages.The four-hour chart reveals Bitcoin broke above the 200-period moving average, a technical turning point that marks an enhancement compared to Saturday early morning, when both the 50 and 200 moving
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Read more: Bitcoin's Overnight Gains Signal Cautious Optimism as Technical Barriers Shift
Write comment (90 Comments)Gold prices pulled back decently over the weekend, ending a multi-day rally that had actually pressed the metal close to its two-month highs. Official TradingView daily and four-hour charts released June 16, 2025, validate the pullback.The area rate dropped from an intraday high of $3,451 to $3,418 per ounce by early Monday. This relocation reflects a clear shift
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Read more: Gold Cools After Rally as Traders Book Profits and Technical Signals Flash Pause
Write comment (92 Comments)Israeli airstrikes targeting Iranian military and nuclear sites have triggered a mass exodus from Tehran and other major cities, according to official statements and eyewitness accounts.
The Israel Defense Forces (IDF) issued urgent evacuation warnings to civilians living near weapons factories and military sites.
They use Persian- and
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Read more: Mass Exodus Grips Tehran as Israeli Strikes and Warnings Spark Panic
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