⛏ Aluminum Hits Four-Year High

Aluminum Hits Four-Year High on Fears of China Output Cuts
The industrial metal rose as much as 1.6% on the London Metal Exchange. Traders are concerned that Chinese smelters will be asked to trim production amid a nationwide inspection of key industries’ energy use and emissions, according to researcher Mysteel Global. Read on »

Net Gold ETF Inflows Turned Positive for the First Time Since Early April
Net gold ETF inflows turned positive for the first time since early April, driven by North America ($824 million) and Europe ($180 million), according to BMO. Silver ETF inflows also surged to their highest level since late February, led by Europe, at 6.2 million ounces. Read on »

The Highest-Margin Sector in America Isn't Tech
Which sector has the highest profit margins right now? If you guessed tech or financials, you’d be way off. Both sectors have dominated headlines and capital flows for years — tech especially, on the back of the AI trade. But neither is anywhere near the top of the chart. Read on »