The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage of important industry events and analyses of market-affecting developments.prices a bit lower in midday U.S. trading Thursday.
The key outside markets today see the U.S. dollar index modestly lower. Nymex crude oil prices are a bit weaker and trading around $82.50 a barrel. May N.Y. copper closed up 555 points at 451.30 cents today. Prices closed nearer the session high today and hit a nearly two-year high. The copper bulls have the solid overall near-term technical advantage. Prices are in a nine-week-old uptrend on the daily bar chart. Copper bulls' next upside price objective is pushing and closing prices above solid technical resistance at 470.00 cents. The next downside price objective for the bears is closing prices below solid technical support at 430.
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