Page 7 - Robin Bhar News Today : Breaking News, Live Updates & Top Stories | Vimarsana

LONDON: Gold firmed on Monday, edging back toward last week’s 4-1/2-month peak as the dollar held near its weakest since late February, with investor focus turning to key economic readings from the US this week.  Spot gold was up 0.2 percent at $1,883.25 per ounce, having last week reached its highest since Jan. 8 at $1,889.75. US gold futures gained 0.4 percent to $1,884.30.  Following last week’s volatility, gold has moved above its 200-day moving average, supported by a weaker dollar and bond yields and questions about inflation, said independent analyst Robin Bhar. Gold is consider...

LONDON (May 6): Aluminium on Thursday approached levels not achieved since 2018, closing in on US$2,500 a tonne as positive economic data and rising tensions between top producer China and major raw materials supplier Australia added momentum to the rally. Prices have rocketed 25% this year as commodities and equities markets surged and investors anticipate that a crackdown on polluting smelters in China will constrain supply. Adding impetus was China saying it would "indefinitely" suspend all activity under a China-Australia Strategic Economic Dialogue, deepening a crisis in relations. Austr...

Aluminium extends rally as China-Australia tensions add to supply fears SECTIONS Last Updated: May 06, 2021, 04:11 PM IST Share Synopsis Prices have rocketed almost 25% this year as commodities and equities markets surged and investors anticipate that a crackdown on polluting smelters in China will constrain supply. ETAuto Adding impetus was China saying it would "indefinitely" suspend all activity under a China-Australia Strategic Economic Dialogue, deepening a crisis in relations. Related Aluminium neared $2,500 a tonne on Thursday - a level not seen since 2018 - as rising tensions between ...

(Bloomberg) -- In 2017, Sanjeev Gupta was the toast of Whyalla in South Australia, after buying its decades-old steel plant out of administration and announcing a more-than A$1 billion ($777 million) upgrade.

Copper rally to run out of steam in second half of year: poll Eric Onstad, Bharat Gautam and Shreyansi Singh Apr 30, 2021 – 4.33am Save Share London | A rally in copper prices is likely to stall in the second half of the year as top consumer China reins in stimulus spending, a Reuters poll showed on Thursday (Friday AEST). Benchmark copper has climbed more than 25 per cent so far this year, touching the highest in more than a decade, as speculators piled into the market on the back of waves of metal-intensive support to help China recover from COVID-19. The cash copper contract on the Lo...