Gold Under Pressure as Zinc Hits Four-Year Highs
Metal markets face pressure from rising bond yields, while zinc gains on supply concerns and copper and aluminium retreat from recent highs.
Copper Nears Record Highs as Global Stocks Decline
Copper prices rose above US$6.6 per pound as falling inventories and limited supply supported industrial metals, while gold and silver also gained.
Alpari Forecasts Uzbek Soum at 11,800–12,050 per Dollar
Alpari analyst Anna Bodrova expects the Uzbek soum to remain in the 11,800–12,050 range against the US dollar in August.
Uzbek Soum Gains More Than 1% Since Late July
The Uzbek soum strengthened 1.04% against the U.S. dollar since late July, while Alpari analyst Anna Bodrova cited lower gold exports among key market factors.
Copper Nears Record Highs as Supply Constraints Support Metals
Copper climbed back toward record highs as supply constraints supported industrial metals, while gold, silver and platinum also advanced, Alpari said.
Uzbek Soum Ends July Nearly Unchanged Against US Dollar
The Uzbek soum ended July with a slight weakening against the US dollar while remaining virtually unchanged since the start of 2026, according to Alpari.
Metals Market Awaits U.S. Federal Reserve Decision
The metals market is awaiting the U.S. Federal Reserve's policy decision as investors weigh interest rate expectations, geopolitical risks and their impact on precious and industrial metals.
Metals Rise as Supply Risks Support Prices
Industrial and precious metals traded mixed over the past week as supply concerns, geopolitical tensions and US monetary policy expectations influenced markets.
Uzbek Soum Strengthens Against US Dollar
The Uzbek soum strengthened 0.56% against the US dollar over the past week, supported by economic growth, according to Alpari analyst Anna Bodrova.
Uzbek Soum Remains Stable Against US Dollar, Analyst Says
The Uzbek soum remains resilient against the US dollar despite short-term fluctuations, supported by solid fundamentals, Alpari analyst Anna Bodrova said.