Metals

A resurging electric vehicle market means more demand for the metals needed to power the vehicles

Analysts say its higher prices are unlikely to derail data centre growth, but tighter supplies could stymie new capacity

They can now purchase these metals starting from a minimum of 0.01 ounce

Singapore’s second-quarter bullion demand climbs 6% year on year amid geopolitical uncertainty, softer prices

It is set to trade near US$4,100 an ounce in H2, unless new factors such as a weaker US dollar push it towards US$5,000

The metal is trading in a relatively narrow range

Traders now see about a 55% chance of a rate increase in September

Cheaper power and easier access to raw materials can benefit low-cost producers in China, India, Indonesia

A stronger US dollar makes commodities priced in the US currency more expensive for most buyers