The variation of copper and silver prices due to the concern of Trump duties

The prices of future contracts for buyer and silver in New York are witness to a significant increase compared to the global reference prices, while the interests of clients over Donald Trump’s imposition of Dunderydows duties about importing the two metal within the major escalation in its worldwide trade war. Future Silver Contracts Were Traded by Delivery of the Nearest Month on the “Comex” Exchange with a Bonus of more than 80 Cents for the ounce of the Immediate Prices Specified on the London Stock Exchange on Thursday, approaching from the highest level registered, and this Came Due to From the dealers of Trump’s pledges to impose comprehensive customs duties on all goods and goods received from all countries, including the most important economic competition such as China and Partners Commercials such as Canada and Mexico. The new rise in price bonuses coincides with increasing manure and anxiety in the financial markets regarding the potential scope of Trump’s commercial policy before its inauguration on January 20. The Washington Post revealed that its presidential team intends to draw up less definitions of customs on important commodity imports, which are likely to include buyer, despite Trump’s denial of the news. CNN also cited people who are familiar with the matter that Trump is studying the statement of a national economic emergency to provide the legal basis to impose comprehensive customs duties. Oli Hansen, director of the primary commodity strategy at ‘Saxo Bank’, said: ‘New public investors around the world have been preparing for Trump Dubians’ fees at’ Saxo Bank ‘:’ New public investors around the world have begun to expect continuous and potentially high inflation, concerns about the government, and future ‘. Future copper contracts were traded by the earliest delivery of the “COMX” scholarship at a price of $ 623 per ton for similar contract prices specified at the London Metal Exchange, near record levels that recorded the worldwide copper market during the distress of the historic open centers. Traders are rushing to send shoppers to warehouses in the United States to take advantage of high prices since last year, and similar efforts to silver have been used since their prices on the New York Stock Exchange began to rise. Opportunities and risks for metal investors, while price imbalance offers big profits for customers who have shares available for delivery to “Comx”, it is a source of major risks for investors who have no shares. Prices move at an almost identical rate on the New York and London for metals, and a number of traders who depend on algorithms and hedge funds, attempts to achieve profits by betting that any differences in prices will soon be equal. This in the copper market can involve the purchase of metal contracts on the London Stock Exchange and the sale of future contracts in “comics” at the same time, and soon this process, called the ‘argument’, is the consistency of prices. Investors can make heavy losses if the price difference continues to rise. This mechanism represented the primary factor behind the copper crisis last year, when the traders suffered huge losses in their bets that the prices of “comics” will fall compared to future contracts on the London Stock Exchange. Currently, some traders and analysts refer to the risk of repeating the same crisis in the silver market, due to the lack of metal stock available for immediate delivery for future “comics” contracts. Daniel Ghali, an expected crisis in the silver market, the first strategic analyst for the primary commodities of “TD Securities”, interviewed that “the market is currently in the direction of a crisis. People completely ignore this risk.” In the silver market, the largest traders can send the metal from London to the New York courses to trade the trade, and 15 million ounces of silver has been added to the “comics” stores over the past five weeks. Silver is usually transmitted by ships, and the delivery period varies between 30 days and 45 days. Ghali added that the shares on the London stock exchange are very consumed after four years of the serious decline in the production of silver extracted from mines worldwide, and the risk of greater lack of supplies can lead to a sharp rise in prices. He concluded: “We expect the shares to be significantly exhausted. This is the silver crisis that can be invested.”