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Weekly Wrap 14 November
From copper’s new “critical mineral” designation to major investment in Australian iron ore, markets were driven by shifting supply dynamics this week. Precious metals surged as the gold-silver ratio tightened, hinting at improving industrial sentiment, while oil prices weakened after OPEC projected a more balanced market ahead. Together, these moves underline how future supply and the global energy transition are shaping commodity pricing.
In this week’s wrap, Sophia covers:
- (0:26): copper’s new designation in the US and what it means
- (2:00): gold and silver back in the spotlight
- (3:08): why oil prices have slumped on supply reports
- (3:43): how the local market performed this week
- (4:36): the most traded stocks and ETFs this week
- (5:03): economic news items to look out for next week.
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