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London copper eased on Friday, hit by Asian stock markets turning risk averse on concerns over Sino-U.S. ties after ride-hailing giant Didi announced delisting in New York and signs of rising... | December 3, 2021
London copper eased on Friday, hit by Asian stock markets turning risk averse on concerns over Sino-U.S. ties after ride-hailing giant Didi announced delisting in New York and signs of rising inventories in top consumer China.
Copper prices fell on Tuesday in London on a firmer dollar, but trade was tepid as markets in top consumer China were closed for a public holiday and ahead of key U.S. jobs data this weekend.
Article content * Speculators reduced their net long positions in COMEX gold in the week ended June 29 and raised their net long positions in silver, data from the U.S. Commodity Futures Trading Commission showed. * Gold in India last week was being sold at a premium for the first time in more than two months as demand gained traction after curbs to combat the second wave of the coronavirus were slightly relaxed. * Silver fell 0.2% to $26.40 per ounce, palladium gained 0.3% to $2,793.19 and platinum shed 0.3% to $1,086.49. DATA/EVENTS (GMT) 0130 Australia Retail Sales MM Final May 0145 China ...
By Reuters Staff 2 Min Read July 5 (Reuters) - Gold prices edged lower on Monday after hitting a two-week high in the previous session, weighed down by a slight uptick in the dollar, while investors awaited more U.S. economic data for clues on the Federal Reserve’s monetary policy plans. FUNDAMENTALS * Spot gold was down 0.1% to $1,785.41 per ounce by 0037 GMT, after hitting its highest since June 18 at $1,794.86 on Friday. U.S. gold futures rose 0.1% to $1,785.20. * The dollar ticked up 0.1% against its rivals, making gold expensive for holders of other currencies. * U.S. companies hired t...