Metals and Minerals

03.10.2022

Bullion reverses surge as dollar frenzy resumes

Gold prices retreated on Thursday as the U.S. dollar firmed on concerns that rising interest rates would spark a global recession, making greenback-priced bullion more expensive for overseas buyers.

Spot gold was down 0.2% at $1,656.59 per ounce, as of 0142 GMT. In the previous session, bullion rose as much as...

Gold prices retreated on Thursday as the U.S. dollar firmed on concerns that rising interest rates would spark a global recession, making greenback-priced bullion more expensive for overseas buyers.

Spot gold was down 0.2% at $1,656.59 per ounce, as of 0142 GMT. In the previous session, bullion rose as much as...

03.10.2022

Non-ferrous base metals take hike on supply concerns

Copper prices in Shanghai rose on Thursday, as tight inventories and improving consumption of the metal in top user China lent support.

The most-traded November copper contract on the Shanghai Futures Exchange SCFcv1 rose 1.1% to 60,830 yuan ($8,453.19) a tonne at 0648 GMT.

The commercial property market in China is badly...

Copper prices in Shanghai rose on Thursday, as tight inventories and improving consumption of the metal in top user China lent support.

The most-traded November copper contract on the Shanghai Futures Exchange SCFcv1 rose 1.1% to 60,830 yuan ($8,453.19) a tonne at 0648 GMT.

The commercial property market in China is badly...

29.09.2022

Bullion, peers down amidst monetary volatility

Gold prices slipped on Wednesday, as the dollar resumed climb after Federal Reserve officials reiterated the U.S. central bank's resolution to maintain an aggressive policy stance to tackle soaring inflation.

Spot gold was down 0.3% at $1,624.81 per ounce, as of 0132 GMT.

U.S. gold futures dipped 0.2% to $1,632.4.

The dollar index...

Gold prices slipped on Wednesday, as the dollar resumed climb after Federal Reserve officials reiterated the U.S. central bank's resolution to maintain an aggressive policy stance to tackle soaring inflation.

Spot gold was down 0.3% at $1,624.81 per ounce, as of 0132 GMT.

U.S. gold futures dipped 0.2% to $1,632.4.

The dollar index...

29.09.2022

Rebar steel posts gains as iron ore, coal depreciate

Chinese rebar futures rose on Wednesday to their highest in four weeks, buoyed by fresh signs of increased government support for the troubled property sector and stimulus measures to shore up the ailing domestic economy.

Iron ore prices, however, remained range-bound.

The most-active January rebar contract on the Shanghai Futures Exchange ended...

Chinese rebar futures rose on Wednesday to their highest in four weeks, buoyed by fresh signs of increased government support for the troubled property sector and stimulus measures to shore up the ailing domestic economy.

Iron ore prices, however, remained range-bound.

The most-active January rebar contract on the Shanghai Futures Exchange ended...

29.09.2022

Lead logs gains as other base metals lose ground

Copper prices fell to a more than two-month low on Wednesday, battered by a stronger dollar and deepening worries over a likely recession and sliding metals demand.

Three-month copper on the London Metal Exchange had lost 0.9% to $7,288 a tonne by 1015 GMT, the weakest since July 21 and down...

Copper prices fell to a more than two-month low on Wednesday, battered by a stronger dollar and deepening worries over a likely recession and sliding metals demand.

Three-month copper on the London Metal Exchange had lost 0.9% to $7,288 a tonne by 1015 GMT, the weakest since July 21 and down...


News 1 - 5 of 3072
First | Prev. | 1 2 3 4 5 | Next | Last