The Afternoon Update with Lynlee Foo (1pm – 4pm)The Afternoon Update with Lynlee Foo (1pm – 4pm)

Money in the Market: Is there a looming shortage of copper?

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Gold is hovering above $1,700 an ounce amid continued uncertainty over whether the US central bank will maintain its resolve to crush inflation by hiking rates. Meanwhile, prices of copper have fallen by nearly a third since March, but we’ve seen a bit of a gain today, after the London Metal Exchange said that it will restrict new deliveries of metals from Russia. On Money in the Market, Sabrin Chowdhury, Head of Commodities at Fitch Solutions, joins us to tells us more on the outlook of prices for commodities including gold and copper.

 

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The Afternoon Update with Lynlee Foo (1pm – 4pm)

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