Business
Kratos wins $100 million sole-source space surveillance contract
Kratos received an approximate $100 million sole-source prime award for a ground-based space domain awareness system, adding to its defense backlog.
Gold and silver fell on July 7 as investors positioned ahead of Fed minutes, with a stronger dollar and higher yields pressuring bullion prices.
OANDA said gold closed at $3,972 on July 1, down 10.4% month on month and below its 200-day average, as tighter U.S. monetary conditions weighed.
Copper futures climbed after a fatal collapse at Codelco's El Teniente mine in Chile raised new supply concerns in an already tight market.
China Mineral Resources Group widened curbs on Fortescue's Super Special Fines to include new purchases, escalating pressure in contract talks.
Copper and gold are moving on mine disruptions and Fed expectations, supporting producer cash flow while raising volatility and policy risk.