Copper Drops on High Inventories and Risks to European Recovery
Positive US and Chinese manufacturing data pushed copper to a short-lived, four-month high on Monday. Thereafter, copper prices slumped three days in a row as Spain became embroiled in a corruption...
View ArticleWeekly Round-Up: Europe Weighs on Commodities
Resource prices held steady this week as good news from the US was offset by worries that a stronger euro could slow the continent’s recovery.Continue reading...
View ArticleTin Gains on Positive US Jobs Data
Reuters reported that tin climbed 0.8% as US weekly jobless claims fell unexpectedly.Continue reading...
View ArticleWeekly Round-Up: Commodities Gain Ground; Gold Shines Again
Positive economic news and hints of interest rate cuts in Europe supported oil and copper prices this week, while central banks and buyers of gold bars and coins gave the yellow metal a much-needed...
View ArticleBenchmark LME Copper Sinks to $7,190 per Tonne
Today, benchmark copper on the London Metal Exchange dropped $50 from the previous session, hitting $7,190 a tonne.Continue reading...
View ArticleSilver Futures Fall to $21.83 an Ounce Despite Weak Dollar
Silver was down today, with futures for December delivery falling $0.02, to $21.83 an ounce on the COMEX in New York.Continue reading...
View ArticleSilver Price Little Changed Since Wednesday’s Drop
iNVEZZ.com reported that Thursday brought little change to silver's price, though the previous session saw the white metal drop the most since the start of October.Continue reading...
View ArticleECB News Damages Precious Metals Sentiment
iNVEZZ.com reported that silver sank on Monday morning due to better-than-expected stress test results from the European Central Bank (ECB). The results "improved equity market sentiment" and thus hurt...
View ArticleSilver Price Above $18.30 per Ounce Once Again
Though the white metal closed Wednesday at $18.12, Thursday it was flying high once again — as of 12:11 p.m. EST, it was sitting at $18.33.Continue reading...
View ArticleSilver Set for Biggest Weekly Gain Since July
iNVEZZ.com reported that the price of silver was down Friday morning, but nevertheless was on track for its biggest weekly gain since July. The slight decline came after the white metal neared a...
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