Stronger than expected Chinese official PMI manufacturing data at 51.7, compared with 51.4 previous and 51.3 expected, has given most of the base metals a boost this morning, Thursday August 31. [...]
After some consolidation at the end of last week, further strength has returned to the base metals this week, with copper prices pushing the envelope on the upside, while the rest of the complex [...]
The rallies in the base metals on the London Metal Exchange have generally continued in early trading today, Friday August 25, with prices up by an average of 0.4%, with aluminium, zinc, lead and [...]
Base metals traded on the London Metal Exchange are broadly higher this morning, Thursday August 24, with three-month copper, zinc, lead and tin prices up by between 0.2% and 0.5%, with copper [...]
Base metals prices on the London Metal Exchange are for the most part consolidating this morning, Wednesday August 23, with three-month copper prices off by 0.1% at $6,582 per tonne, while zinc [...]
Precious metals prices are little changed this morning, with spot gold prices down by 0.2% at $1,287.90, this after a firmer day on Monday when precious metals prices were pushed higher by a [...]
Precious metals prices start the week on a quiet note, with gold (+0.1%), platinum (+0.1%) and palladium (+0.1%) up, while silver (-0.1%) is lower, which probably reflects a lack of haven demand [...]
Precious metals prices are mixed this morning, with gold (-0.1%) and silver (-0.1%) down and the PGMs up, in spite of a weaker dollar, which should in theory push the entire complex higher. This [...]
The weak dollar and dialling back of US Federal Reserve (Fed) monetary tightening expectations has given a modest lift to the precious metals, which stand up a net 0.3% at the time of writing. [...]
In the precious metals, gold has stabilised above $1,270 per oz after upbeat retail sales figures from the USA, together with improved risk appetite, triggered a deeper correction from August [...]
