World prices for non-ferrous metals rose on Wednesday, when trading in mainland China was resumed after two holidays, Bloomberg reported. The leader of growth was nickel. At the London Metal Exchange, the value of its contract with delivery in 3 months increased by 2.1% and amounted to 13 thousand 940 dollars per ton. Copper, lead and zinc went up more than 1%. After the news that the United States extended the time for investors to withdraw from the assets of Russian companies under sanctions, the price of aluminum changed a little. The decrease in commodity stocks of zinc, nickel and copper on the Shanghai futures exchange continued on Wednesday.
Oil traded higher on Friday, further reclaiming lost ground from three-week lows in the previous session as the COVID-19 situation continued to dent the global economy as well as oil consumption. Brent crude gained 0.3%, trading at $43.08 ...
The second quarter had seen Australian consumer prices dropping by a record. This could be attributed to the coronavirus crisis dragging child care cost and petroleum prices, inflicting a serious damage to years of growth toward higher inflation. Last ...
Gold prices traded lower in Asia on Friday morning amid hopes for COVID-19 vaccines from the U.S. and U.K. bolstered investor appetite. Sentiment was further boosted with the European Central Bank (ECB) signaling that it may leave interest ...
Gold prices fell earlier on Tuesday in Asia as the Dollar strengthened, pulling traction away from the yellow metal. Gold futures fell by 0.85% to $1,798.65 per ounce at 1:12 AM ET (6:12 AM GMT), still remaining above the $1,800 level. Losses ...
Gold prices rose earlier on Monday in Asia, remaining above the $1,800 as the COVID-19 pandemic continues to worsen around the world. Gold futures slipped by 0.29%, trading at $1,807.15 per ounce by 12:47 AM ET (05:47 AM GMT). Investors flocked ...