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Stock impact report

Copper, Gold And Silver Prices Are Up. Here's Why. [Forbes]

CME Group Inc. - Class A (CME) 
Last cme group inc. - class a earnings: 4/29 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.cmegroup.com
Company Research Source: Forbes
supplies across major metals have added momentum to one of the strongest haven rallies in recent years, reports say. Copper prices climbed to a record $11,485 per metric ton on Wednesday, according to New York Mercantile Exchange(NYME) data, after rising 34.1% so far this year. This surge in price is likely due to AI data center buildouts and renewable energy projects tightening copper supplies typically used for electric vehicles and smartphones, per The Wall Street Journal Concerns that U.S. tariffs could disrupt copper shipments next year are also adding to the metal's momentum, the Wall Street Journal reports. Meanwhile, U.S. silver futures, which closed last year at $29.24/oz, hit $58.88/oz on Wednesday, marking a 101.4% surge, while gold has also surged by 60.7% year-to-date, per NYME. Both gold and silver demand have climbed as investors seek hedges against political instability, driven by tariffs and the historic government shutdown that ended last month, as well as Show less Read more
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