Supply Disruptions, Weaker U.S. Dollar Could Push Nickel Higher
July 10, 2024 at 20:18 PM EDT
The adoption of electric vehicles (EVs) hasn’t quite caught on with consumers, adding to a supply glut for nickel. However, the potential of supply disruptions combined with a weaker dollar could push the metal’s prices higher in the long-term investment horizon. Per a Mining.com report, research company Fitch solutions is forecasting a macroeconomic environment that [...] The post Supply Disruptions, Weaker U.S. Dollar Could Push Nickel Higher appeared first on ETF Trends .