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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Gold bars are seen at the Kazakhstan’s National Bank vault in Almaty, Kazakhstan, September 30, 2016. REUTERS/Mariya Gordeyeva/File Photo By Renita D. […]
Last month we noted that record-low prices characterized the Global Precious Monthly Metals Index (MMI) monthly reading and posed the question: will […]
Precious metals are trading range bound as investors await for fresh cues that could indicate future momentum before placing new bets. Gold […]
* Gold prices above six-month lows hit last week * Specs cut net longs in gold to weakest in 2-1/2 years (Adds […]
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