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Copper hits US$10,000 as Goldman Sachs warns of supply risk

The company has raised its year-end price target to US$12,000 a ton

By: financialpost.com

May 07 2024
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Copper hits US$10,000 as Goldman Sachs warns of supply risk

Copper briefly traded through US$10,000 a ton as investors raised bets on United States Federal Reserve rate cuts, and Goldman Sachs Groups Inc. warned of intensifying supply stress. Read More

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Auto theft crisis deepens as insurance claims top $1.5 billion for first time