• Analysis & Tools
    • S&R Levels
    • Cryptocurrencies
    • Shares
    • Indices
    • Forex
    • Commodities
    • Charts
    • Eco Cal
    • Industry News
    • Learn to Trade
  • Open trading account
  • News
    • Cryptocurrencies
    • Shares
    • Forex
    • Indices
    • Commodities
  • S&R Levels
  • Education
    • Free Beginner Articles
    • Trading Summit
    • Trading Q&A
    • Learn to Trade
  • Charts
  • Calendar
  • About
    • About Us
    • InvestingCube Authors
    • Advertise
    • Privacy Policy
  • Newsletter
  • Open trading account
Latest
  • Latest
  • Oldest
  • Random
  • A to Z

Glencore

Glencore is a commodity trading and mining company with four headquarters in London, UK, Baar, Switzerland, Rotterdam, Netherlands, and Saint Helier, Jersey. Its oil and gas headquarters is in London, UK, its main headquarters is in Baar, Switzerland, and it has a registered office in Saint Helier, Jersey. 

Glencore was founded in 1974 as Marc Rich & Co. AG by two commodity traders, Pincus Green and Marc Rich. In 1994, Rich was forced to sell his majority share to Glencore International after he lost $172 million trying to corner the zinc market. 

The company has been accused of corrupt dealings with rogue governments and even had one of its payments seized as proceeds of corruption. The company has also faced accusations of manipulating its accounts, including tax evasion. 

Is Glencore a good investment?

Glencore is a good investment given the projected high demand for commodities over the next few years from a pure investment perspective. Most analysts predict that demand for commodities such as copper, iron, zinc, and lithium, among others, will skyrocket in the future. 

However, as an ethical investor, I would avoid a company with such a long list of violations, including paying bribes to corrupt government officials. We need to care about businesses’ impact on our environment in the world we live in, and Glencore doesn’t have a good history. Furthermore, Glencore is a company with a valuation of £53 billion; hence, I do not see much growth in its future.  

Glencore share price news

Shares
·May 30, 2022, 06:42 BST

Glencore Share Price Forecast: What Next After the $1.1B Fine?

Glencore share price is holding steady close to its all-time high even after the company agreed to pay $1.1 billion...
Read More
Shares
·May 24, 2022, 08:13 BST

Glencore Share Price: Is GLEN Still a Good Investment?

The Glencore share price has made a spectacular recovery in the past few days. GLEN shares are trading at 513p,...
Read More
Indices
·Mar 09, 2022, 09:43 GMT

FTSE 100: These Footsie Share Prices Have Defied Gravity in 2022

The FTSE 100 index is not having a good year. Like other American and European indices, it has crashed into...
Read More
Shares
·Mar 02, 2022, 10:43 GMT

Glencore Share Price Soars to Record High. More is Yet to Come

The Glencore share price has been in a strong bullish trend this week as the prices of key commodities surged. The stock...
Read More
Shares
·Jan 14, 2022, 14:57 GMT

Glencore Share Price Outlook: Some Profit-Taking Could Be in the Works

The Glencore share price has taken a breather on the day, as traders take some profits from the recent bullish...
Read More
Shares
·Jan 07, 2022, 07:17 GMT

Glencore Share Price Forecast: GLEN Set to Zoom Past 400p

The Glencore share price is approaching its all-time high even as copper prices have plunged to the lowest level since...
Read More
Shares
·Dec 24, 2021, 14:20 GMT

Glencore Share Price Advance Stalls On Concerns Over $1.5bn Valeria Coal Mine

The Glencore share price is slightly lower on the day, which threatens to halt a three-day advance. This follows investor...
Read More
Shares
·Dec 17, 2021, 15:20 GMT

High Coal Prices Could Restart the Bull Run on the Glencore Share Price

The Glencore share price is trying to hang on to intraday gains, which would keep it just shy of the...
Read More
Shares
·Dec 10, 2021, 05:15 GMT

Glencore Share Price Forecast: Rangebound For Now

The Glencore share price has moved sideways in the past few weeks as investors assess the company’s performance. The stock...
Read More
Shares
·Nov 19, 2021, 13:31 GMT

Glencore Shares Pause but Rival Talks of Commodity Supply Issues

Glencore share price has consolidated from a recent high near 400p in October as the market weighs the prospects for commodities.
Read More
Load More

Performance

Name Price Change%
  • News
  • S&R Levels
  • Education
  • Charts
  • Calendar
  • About
  • Privacy Policy

Financial market and cryptocurrency trading and investing carry a high degree of risk, and losses can exceed deposits. Ensure you fully understand the risks involved. Any opinions, news, research, analysis, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. Read the “Risk Disclosure Statement” for further details.

  • Analysis & Tools
    • S&R Levels
    • Cryptocurrencies
    • Shares
    • Indices
    • Forex
    • Commodities
    • Charts
    • Eco Cal
    • Industry News
    • Learn to Trade
  • Open trading account
Start typing to see results or hit ESC to close
Crude oil price EURUSD FTSE 100 Gold Price GBPUSD
See all results