Yvonne Yue Li

1 week ago | bloomberg.com | Jacob Lorinc |James Attwood |Yvonne Yue Li

Freeport-McMoRan Inc.’s only US copper smelter—a hulking metal-processing facility at the edge of an old Arizona mining town—spits neon flames from its furnace like an industrial volcano. Here, hundreds of employees work around the clock to transform vats of concentrated molten metal into neat, purified slabs, which are then shipped to a refinery in El Paso, Texas, the next step on their cross-country journey to become coils for electric wiring.

1 week ago | bloomberg.com | Yvonne Yue Li |Jack Ryan

One kilogram gold bars at the ABC Refinery smelter, operated by Pallion, in Sydney, Australia, on Thursday, April 17, 2025. Gold paused its record-breaking rally amid optimism over US-Japan trade talks, after bullion earlier reached another all-time high. Photographer: Brendon Thorne/Bloomberg(Bloomberg) -- Gold fluctuated as investors tracked an escalation of risk in the Middle East and digested weak US economic data.

2 weeks ago | detroitnews.com | Jack Ryan |Sybilla Gross |Yvonne Yue Li

Gold rose after a softer-than-expected inflation reading bolstered bets that the Federal Reserve will cut interest rates later this year. Underlying US inflation rose in May by less than forecast for the fourth month in a row, suggesting companies are finding ways to limit how much of higher costs from tariffs they pass through to customers. The dollar and bond yields pushed lower after the print, sending bullion higher by as much as 1.1% before paring some of the gains.

2 weeks ago | bloomberg.com | Jack Ryan |Sybilla Gross |Yvonne Yue Li

A stack of gold bars. Photographer: Milan Jaros/Bloomberg(Bloomberg) -- Gold rose after a softer-than-expected inflation reading bolstered bets that the Federal Reserve will cut interest rates later this year. Underlying US inflation rose in May by less than forecast for the fourth month in a row, suggesting companies are finding ways to limit how much of higher costs from tariffs they pass through to customers.

2 weeks ago | bloomberg.com | Yvonne Yue Li

One-ounce Canadian gold coins at Gold Investments Ltd. bullion dealers arranged in London, UK, on Thursday, April 3, 2025. Gold retreated on Thursday, after notching its latest record, after President Donald Trump triggered tumult on global markets with sweeping “reciprocal” tariffs. Photographer: Chris Ratcliffe/Bloomberg(Bloomberg) -- Gold steadied as US-China trade talks extended into the second day, leaving traders on edge about the future of tariffs.