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By Reuters Staff 2 Min Read HANOI, March 3 (Reuters) - Shanghai aluminium prices rose on Wednesday, as concerns of supply cuts in top consumer China pushed prices near their highest level in 9-1/2 years. The most-traded April aluminium contract on the Shanghai Futures Exchange climbed as much as 4.2% to 17,640 yuan ($2,729.00) a tonne, hovering near its highest level since August 2011 of 17,695 yuan a tonne hit on Feb. 26. Three-month aluminium on the London Metal Exchange rose 0.3% to $2,217.50 a tonne by 0318 GMT. The contract jumped 3.9% in the previous session. China’s Inner Mongolia, a...

By Reuters Staff 2 Min Read HANOI, Feb 3 (Reuters) - Copper prices in Shanghai hit their lowest in eight weeks on Wednesday, while prices also fell in London, dragged down by demand concerns ahead of a major holiday in top consumer China. The most-traded March copper contract on the Shanghai Futures Exchange dropped as much as 1.2% to 56,920 yuan ($8,813.60) a tonne, its lowest since Dec. 9, while three-month copper on the London Metal Exchange dipped 0.4% to $7,743 a tonne by 0320 GMT. China will celebrate its Lunar New Year holiday during Feb. 11-17, when metals demand usually dip as busine...

Gold edged lower on Wednesday as the US dollar firmed with investors tracking two closely contested US Senate runoff races in Georgia that will likely determine President-elect Joe Biden administration's fiscal policy.