Base Metal Prices Surge Amid Russian Ban and Supply Worries Base metal prices, including copper and aluminum, are climbing due to the London Metal Exchange’s ban on Russian metals and growing concerns over mine supply. Copper nears a two-year high at $10,395 per ton, driven by supply issues like the closure of the Cobre Panama mine and slower production growth. However, analysts caution that these disruptions alone don’t fully explain the price surge, and potential risks, such as changes in U.S. dollar strength and Chinese demand, could impact the market. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Oil Prices Climb as Market Optimism Grows Amid Tightening Supply Signals READ MORE Poorer Americans Bear the Brunt of High Interest Rates READ MORE Gold's Long-Term Strength Predicted to Persist READ MORE The Deadline To Turn in Your Gold – May 1st, 1933 READ MORE Gold's Appeal Grows: Survey Shows Investors Increase Gold Allocations READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment