Precious Metal
Copper fell for the first time in four days as investors assessed when the Federal Reserve will begin to reduce stimulus and awaited the conclusion of the Chinese Communist Party’s four-day policy meeting today.
GOLD TRADING was muted Monday morning in London, with prices bouncing off their lowest level in almost 4 weeks at $1280 per ounce as European stock markets rose.
Silver prices also fell to their lowest level since Oct. 17th, turning higher from $21.26.
Iron ore is extending a bull market on record sales to China that are spurring forecasters from Morgan Stanley to the World Bank to increase price predictions.
Japan’s exports of aluminum scrap are headed for a record this year as a weaker yen and higher recycling capacity in South Korea boost shipments, according to Mitsui Bussan Metals Co.
Copper fell for the first time in four days as investors assessed when the Federal Reserve will begin to reduce stimulus and awaited the conclusion of the Chinese Communist Party’s four-day policy meeting today.
GOLD TRADING was muted Monday morning in London, with prices bouncing off their lowest level in almost 4 weeks at $1280 per ounce as European stock markets rose.
Silver prices also fell to their lowest level since Oct. 17th, turning higher from $21.26.
Iron ore is extending a bull market on record sales to China that are spurring forecasters from Morgan Stanley to the World Bank to increase price predictions.
Japan’s exports of aluminum scrap are headed for a record this year as a weaker yen and higher recycling capacity in South Korea boost shipments, according to Mitsui Bussan Metals Co.
