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Iron ore prices continued their downward trend with the SGX TSI Iron Ore CFR China (62% Fe Fines) Index opening at $96.65 on Friday morning, May 2, 2025.
The benchmark price reflects a slight decline of 0.10 (-0.10%) today, extending losses that began in mid-April when prices first dropped below the psychologically important $100 per tonne level.
Mar
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Read more: Iron Ore Slips Below $100 Mark as China Demand Concerns Persist
Write comment (95 Comments)Silver prices gained modest ground on May 2, 2025, trading at $32.56 per troy ounce, up 0.39% for the day after three consecutive sessions of decline. The precious metal has climbed 12.77% since January, adding $3.69 per ounce to its value despite recent pressure.
The small recovery follows Thursday’s drop when prices fell over 1% toward $32 per o
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Read more: Silver Navigates Trade Tensions and Supply Deficit as Prices Edge Upward
Write comment (98 Comments)Copper prices climbed to $4.68 per pound Friday morning, continuing their recovery from Wednesday’s dramatic 5% plunge. The metal stabilized Thursday around $4.57 per pound as traders responded to positive signals about potential trade agreements.
This volatility reflects copper’s ongoing struggle between immediate economic concerns and long-term d
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Read more: Copper Market Rebounds Amid Trade Optimism Despite Global Economic Concerns
Write comment (94 Comments)Gold prices stabilized at $3,251 per ounce Friday morning, May 2, 2025, after hitting a two-week low in Thursday’s trading session. The precious metal gained 0.08% in early trading following a sharp 2% decline that pushed prices down to $3,216 the previous day.
The recent pullback represents a 6.1% drop from gold’s all-time high of $3,500.05
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Read more: Gold Rebounds from Two-Week Low as Trade Tensions Ease and Market Eyes Jobs Data
Write comment (90 Comments)Oil costs staged a modest rebound late in the previous trading session, as displayed in the attached hourly charts for both Brent and WTI.Brent crude climbed up from intraday lows near $59.50 to just above $61.70 by the end of the afternoon, while WTI advanced from around $56.10 to $58.60. These moves followed a sharp multi-day selloff that pushed both
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Read more: Crude Rebounds: Brent and WTI Rally from Multi-Month Lows as May Trading Begins
Write comment (94 Comments)On May 2, 2025, data from TradingView and major exchanges showed Bitcoin trading near $96,900, up almost 2% over 24 hours. The relocation capped a volatile session marked by strong buying and institutional inflows.Bitcoin broke above $95,500, touched $97,400 overnight, and after that settled into a tight variety. The price action tracked a clear uptrend, with
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Read more: Bitcoin Climbs as Altcoins Diverge, ETF Hopes and Policy Moves Shape Crypto Market
Write comment (94 Comments)Page 17 of 630