Metals and Minerals

20.01.2021

Bullion back in vogue as US monetary policy hangs in the air

Gold edged higher on Tuesday from the last session's 1-1/2 month low as the dollar eased off highs ahead of U.S. Treasury Secretary nominee Janet Yellen's speech later in the day, when she is expected to raise the case for more fiscal spending.

Spot gold rose 0.3% to $1,842.46 per ounce...

Gold edged higher on Tuesday from the last session's 1-1/2 month low as the dollar eased off highs ahead of U.S. Treasury Secretary nominee Janet Yellen's speech later in the day, when she is expected to raise the case for more fiscal spending.

Spot gold rose 0.3% to $1,842.46 per ounce...

20.01.2021

Copper holds position as other base metals retreat

Copper prices were steady in lacklustre trade on Tuesday as global investors eyed an upcoming speech by U.S. Treasury Secretary nominee Janet Yellen that could determine the tone of policy in the world’s largest economy.

Three-month copper on the London Metal Exchange rose 0.3% to $7,993 a tonne by 0815 GMT,...

Copper prices were steady in lacklustre trade on Tuesday as global investors eyed an upcoming speech by U.S. Treasury Secretary nominee Janet Yellen that could determine the tone of policy in the world’s largest economy.

Three-month copper on the London Metal Exchange rose 0.3% to $7,993 a tonne by 0815 GMT,...

19.01.2021

Bullion rebounds as economies falter

Gold inched away from a 1-1/2-month low touched earlier on Monday as expectations of additional fiscal stimulus in the United States buoyed bullion's appeal as an inflation hedge.

Spot gold was up 0.3% at $1,832.36 per ounce by 9:54 a.m. EST (1454 GMT), after falling to $1,809.90, its lowest since Dec....

Gold inched away from a 1-1/2-month low touched earlier on Monday as expectations of additional fiscal stimulus in the United States buoyed bullion's appeal as an inflation hedge.

Spot gold was up 0.3% at $1,832.36 per ounce by 9:54 a.m. EST (1454 GMT), after falling to $1,809.90, its lowest since Dec....

19.01.2021

Copper, tin, lead, nickel post gains as other base metals retreat

Copper prices gained on Monday after a strong economic reading from top consumer China confirmed a growth trajectory that has underpinned demand for industrial demand.

China's economy grew 6.5% in the previous quarter, faster than the 6.1% forecast by economists in a Reuters poll, as it recovered from the impact of...

Copper prices gained on Monday after a strong economic reading from top consumer China confirmed a growth trajectory that has underpinned demand for industrial demand.

China's economy grew 6.5% in the previous quarter, faster than the 6.1% forecast by economists in a Reuters poll, as it recovered from the impact of...

18.01.2021

Bullion holds position on US, bug concerns

Gold prices held steady on Friday, trapped between pressure from a firm dollar and high Treasury yields and support from coronavirus lockdowns in Europe and dovish policy noises from the U.S. Federal Reserve.

Spot gold was little changed at $1,846.50 per ounce by 1313 GMT, while U.S. gold futures fell 0.2%...

Gold prices held steady on Friday, trapped between pressure from a firm dollar and high Treasury yields and support from coronavirus lockdowns in Europe and dovish policy noises from the U.S. Federal Reserve.

Spot gold was little changed at $1,846.50 per ounce by 1313 GMT, while U.S. gold futures fell 0.2%...


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