
Resource news in under 20 minutes: Gold screams higher and lands back with a thud, what does this mean for future gold prices? Metals bounce around as Chinese stimulus whispers nudge prices north, OPEC cuts again yet crude still falls and China follows through on its graphite export controls.
Timestamps:
(1:02) – Gold’s hits a new high in all but one currency
(2:32) – Fed speaks, gold reacts…but aggressive rate cuts may not happen
(7:11) – Copper supply flips to a deficit & restocking of steel drives iron ore higher
(11:21) – OPEC cuts…yet prices still fell
(12:32) – China puts graphite under export controls
(15:24) – The opportunity for ASX graphite companies
Link to The Pod of Gold: https://open.spotify.com/episode/2HpJJffr9RecRn6XMELSur?si=V6FGruAuQxuCdHhAFrZx9Q