Leading the gains was LME copper, up 1.1%, followed by tin (+0.5%), lead and zinc (both up 0.4%). Meanwhile, aluminium is up 0.1%, consolidating after yesterday’s strong surge of 3.2% amid industrial action at Alcoa’s Pinjarra alumina refinery. Having vaulted above $14,000 per tonne on Wednesday August 8, the […]
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The gold price rebounded on Friday after US Federal Reserve Chairman Jerome Powell said gradual interest rate hikes remain appropriate as the […]
Gold slightly fell on Monday as the dollar remained firm on worries over intensifying Sino-U.S. trade tensions. Gold fell on Monday as […]
Gold futures lost 1.9% this week while silver fell 1.6% Precious metals futures sank Friday after the U.S. dollar rallied Thursday against […]
* $1,200 acting as strong technical resistance for gold * Spot gold seen testing support at $1,188/oz -technicals * Silver flat after […]
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